Luke Clancy is the London-based editor-at-large for Risk.net.
Over the past 20 years spent in financial journalism, his previous positions have included: supplements editor, Risk magazine; editor of Hedge Funds Review, ETF Risk and Custody Risk (all formerly published by Incisive Media (now Infopro Digital)); senior investment writer, Investment Week (published by Incisive Media); deputy editor, Global Investor (Euromoney); managing editor, Engaged Investor and Pensions Insight (Newsquest Specialist Media); editor, World Mining Stocks (Aspermont UK); editor, Global Pensions and deputy editor, Professional Pensions (MSM International); online editor, Private Wealth Advisor and Offshore Red (Camden Publishing).
Dealers also fret about unlevel playing field compared with requirements in the EU
Planned cyber resilience regime will force dealers to subject “critical” tech vendors to stricter audit
FCMs gave up interest income for capital savings when rates were low. Now, some want it back
But Ice is confident open interest will be close to zero when service shuts down in October
Legal costs cannot be passed to members as non-default losses under the LME’s rule book, lawyers say
Revived plan could see capital for G-Sibs’ client clearing jump 40 times, says industry body
Ethereum staking index could allow swap curve and structured products to develop
Industry welcomes flexible issuance limits, but rues derivatives’ exclusion as a missed opportunity
Laboureix disputes Swiss claim that G-Sibs are not resolvable, but wants improvements to framework
But Laboureix warns risks to national safety nets will increase without a eurozone-wide scheme
Osttra has migrated 77% of index OI, but the rest is mostly held by clients outside its network
Microsoft’s analog technology twice as accurate compared to IBM’s quantum kit in Barclays experiment
Counterparty risk experts agree with focus on “long-neglected” topic after family office default
After the chaos of SVB and Credit Suisse, is First Republic a model for future bank rescues?
Experts think cloud services, data providers and software firms are all in regulators’ sights
Swiss bank tested various use cases in the trading business before giving up on the technology
Ice retains lion’s share of positions at shuttered European CDS service, but LCH gets more clients
Downside protection of Sfr9 billion must cover numerous outstanding claims against Credit Suisse
Cash-like tokenised instruments find takers; initiatives based on less liquid assets struggle to take off