Exchanges
Bürgenstock 2006: McCreevey may force exchanges to end clearing monopolies
High clearing charges are limiting the growth of Europe’s capital market and the European Commission should act now to open the clearing market to competition, according to speakers attending a Swiss Futures and Options Association conference in…
Mizuho seeks $350 million from TSE
Mizuho Securities is demanding ¥40.4 billion ($347 million) from the Tokyo Stock Exchange (TSE) to compensate it for a trading error that it was unable to cancel on time.
Mizuho seeks $350 million from TSE
Mizuho Securities is demanding ¥40.4 billion ($347 million) from the Tokyo Stock Exchange (TSE) to compensate it for a trading error that it was unable to cancel on time.
DME partners with Emirates National Oil Co. to develop jet fuel futures
The Dubai Mercantile Exchange (DME) and Emirates National Oil Company (Enoc) subsidiary Enoc Supply & Trading LLC today announced the signing of a Memorandum of Understanding (MoU) to explore the development of the first exchange-traded jet fuel futures…
Dubai plans to develop first exchange-traded jet fuel futures contract
The Dubai Mercantile Exchange (DME) and Emirates National Oil Company (ENOC) plan to jointly develop the first exchange-traded jet fuel futures contract.
Fortis Chicago merges with O'Connor and Company
Benelux bancassurer Fortis has completed its acquisition of O’Connor and Company, the Chicago-based clearing house. The new company is called Fortis Clearing Americas and will be run within Fortis’ merchant banking division.
Chinese brokers to set up in Hong Kong
Six Chinese futures brokerages will soon get the green light to start derivatives broking operations in Hong Kong, a source close to the Hong Kong Exchanges and Clearing (HKEx) tells RiskNews .
Markit continues acquisition spree
Markit has acquired Netherlands-based MarketXS, a provider of software and technology for data distribution and trading solutions to the financial services industry.
Managing the mortgage maze
Uk Mortgages
Hot property
Derivatives
Kick-start for coal futures
Ice Futures and the European Energy Exchange have gone head-to-head in the latest attempt to kick-start coal derivatives trading. Oliver Holtaway investigates
Making green with ethanol
Financial investors and commodity traders are paying closer attention to the US corn crop, due to the potential impacts it may have on the growing ethanol market. Daven Voorhies explains
Bright forecast for weather derivatives
To attract more corporate end-users, purveyors of weather derivatives are creating new products in search of the perfect hedge, as Catherine Lacoursiere finds
L Sankar, Jure Skarabot
Citigroup credit derivatives specialists explain why the Gaussian copula model, despite its flaws, is still the market standard for analysing correlation
Convertibles are back in fashion ... but how can they avoid the pitfalls of the past?
Convertible bonds are back on investors' radars after an overvalued market imploded early last year. But how sustainable is the recovery - and how can it avoid repeating the pattern of the last bloodbath? Jean-Paul Carbonnier investigates
Swiss restructuring
As regulatory pressure on insurance companies to improve their solvency requirements increases, one reinsurer's reaction stands out from the crowd. Hardeep Dhillon looks at how Swiss Re is using innovative structures in the debt capital markets to…
Leveraged loan CDS
Looking beyond the hype
Overcoming the barriers to a CDS futures market
The long-awaited CDS futures contract from Eurex has suffered repeated setbacks. Initially planned for launch last year, it is yet to make an appearance. Sell-side inertia, documentation disputes and a booming OTC market are some of the obstacles it…
UK FSA seeks to define Mifid best execution requirements
Regulatory update
FSA opens Mifid period for depolarisation consultation
Regulatory update
Playing a long game
Longevity
Regulatory tango
Regulation