Infrastructure/Commodities
High-frequency trading: how great is the need for speed?
Just how important is speed? Risk managers and traders are weighing the value of high-frequency market data and trading technologies against their costs. Gallagher Polyn examines the debate over using high-frequency data in risk models, and profiles one…
Julius Baer launches capital protected products in response to “volatile and difficult times”
Declining political and economic stability has led to Bank Julius Baer launching a number of capital protected products, including investments that offer private investors exposure to rising gold prices, said the Swiss banking group.
UK accepts large banks could use basic op risk approach
LONDON - The UK’s chief financial market watchdog said in July it accepted that a large international bank could use the basic indicator approach, the simplest of the three approaches to calculating operational risk capital charges proposed under the…
Beyond the pail
Australia’s regulator has hinted that it may work outside of the Basel Accord to set its own risk weightings for residential mortgages if adjustments aren’t made, writes Nick Sawyer.
True Quote trading platform adds electricity products
APB Energy has added electricity options to its online energy trading platform, True Quote.
How Japan got it covered
The fast-growing Japanese weather derivatives market is unique in both its product diversity and the range of small business end-users it serves. But where are the big players? Rob Dwyer reports
Success strategies
Since launching two strategy funds in 1999, ORN Capital has gone from strength to strength and is following up this success up with the launch of a European distressed debt strategy next month
Waiting for a boom
Weather derivatives
Losses and lawsuits
LOSS DATABASE
UK accepts large banks could use basic op risk approach
BASEL II UPDATE
The energy traders’ trader
Danny Masters co-founded a hedge fund to exploit the untapped potential for risk management in the energy market
Strategic shortcomings
A survey of 13 private banks’ risk management practices reveals some dangerous shortcomings. Lisa Kastigar of Sherwood Alliance, a Switzerland-based financial consulting firm, examines the challenges for risk managers at these institutions
Clearing the obstacles
Credit quality is essential to every energy firm’s success, as recent problems at Aquila and Dynegy attest. Couple this with the post-Enron threat of increased regulation for OTC energy derivatives and it is clear that the energy trading market needs…
From strategy to tactics
Effective tactical use of risk management information has long been an aspiration of many organisations, but technical obstacles have stood in the way. In this third of four articles on integrated credit risk management, David Rowe argues that the…
Running for cover
Energy
Beyond the pail
Basel accord
Sapient
Technology