Feature
Fannie and Freddie – a look under the lid
Fannie Mae and Freddie Mac are two of the largest and most sophisticated participants in the US interest rate derivatives market. But criticism of their risk management has been growing. Is the market safe?
Scaling the wall
Corporate hedging
A piece of the pie
Comment
Rules of the game
Regulations
US bill proposes greater OTC regulation
Legislation to bring over-the-counter (OTC) derivatives under US federal regulation has been introduced to the US House of Representatives. Peter DeFazio, representative for Oregon (Democrat), introduced a bill named HR 4038 that proposes combining the…
FX dealers expect volatility upswing
Forex market participants are preparing for a surge in volatility in the second quarter, after enduring three months of one of the dullest periods in foreign exchange.
BIS reports global slowdown in derivatives markets
Derivatives market expansion slowed significantly for the period 1998-2001 relative to the three years before, reported the Bank for International Settlements (BIS) today.
Xcel chooses Panorama for trading and risk management
Xcel Energy, the US-based electricity and natural gas company, has selected SunGard Trading and Risk Systems’ Panorama suite for its trading and risk management practices.
Spike Trading signs with patsystems
Spike Trading, a Chicago-based supplier of clearing and support services to floor-based traders, has contracted independent software vendor patsystems, to provide it with J-Trader, the company’s online derivatives trading platform.
Cameron Systems launches CameronFIX 6.0
Cameron Systems, an Australian-based supplier of FIX (Financial Information eXchange) engines, has released CameronFIX Version 6.0 with its universal server – a server application offering clients a ‘plug and play’ system that can be interfaced and…
Taipei Bank opts for FNX’s FirstOrder
Taipei Bank has chosen FNX Limited, a Philadelphia-based software vendor specialising in straight-through processing applications used in global capital markets, to deliver Web-based electronic trading capabilities via its FirstOrder application.
Exchange-traded derivatives soaring, says BIS
The aggregate turnover of exchange-traded derivatives contracts reached a new record in the fourth quarter of 2001, said the Bank for International Settlements (BIS) in its latest quarterly review.
Nyfix to acquire Javelin Technologies
Nyfix, the Connecticut-based electronic trading and straight-through processing systems vendor, is set to acquire Wall Street-based FIX (Financial Information eXchange) infrastructure supplier, Javelin Technologies.
Staying clear of equities
Peter Brain has enjoyed success with the Stellar High Yield Hedge Fund by mixing different asset classes and a low correlation to equities
Talent spotting
Ronald Neumunz tells Jeff Benjamin why LJH is drawn to Europe and how the company plans to capitalise on the emerging hedge fund management talent
The Specialists
Finding experienced staff in such a young industry can be extremely difficult and so headhunting firms are starting to do big business filling this gap