Feature
Sizing up skew
Structured products providers' methods for hedging skew are fairly homogeneous. Some banks, however, are searching for ways to refine their approach to hedging by transforming skew risk into an investment palatable to sophisticated investors. By Rachel…
The power law
MasterClass
Under pressure
Interest rate swaps
Data's destiny
Grid Computing
Mid-cap emerges
Equity derivatives
Tressis launches first fund of hedge funds-linked certificate in Spain
Tressis has become the first distributor to launch a funds of hedge funds-linked certificate for the Spanish market. Sonsoles Santa Maria, director of product development for Tressis, announced the news at the at Structured Products Espana conference in…
MiFid will eliminate sales of 'complex' products to retail, says CNMV
Implementation of the Markets in Financial Instruments Directive (MiFid) will eliminate sales of 'complex' structured products to retail investors without advice in Spain. That's according to Maria Jose Gomez Yubero, head of supervision at Spanish…
Meteor lands in UK market
A new company, Meteor Asset Management, has been set up to distribute structured products in the UK. The company is headed by Graham Devile and Phil Saunders both who previously worked at UK structured products provider, Nvesta. Meteor is targeting the…
No need for more hedge fund regulation, US group says
Despite its growth over the last seven years, there is no need to improve regulation of the private investment industry, a US government working group reported yesterday.
Two speeches; two very different views of Basel II in the US
Comparing the views of two US banking supervisors shows just how close the US is to reaching an impasse over Basel II.
Stoxx launches global high dividend index
Stoxx, the European index provider, has launched the Dow Jones Stoxx Global Select Dividend 100 Index, adding to the Dow Jones and Dow Jones Stoxx Select Dividend index series.
JP Morgan hires head of equity derivatives flow marketing
JP Morgan has hired Adrian Valenzuela as a managing director and head of equity derivatives flow marketing, covering hedge funds and asset management clients, for Europe, Middle East and Africa (EMEA).
IOSCO out with securities offerings conflicts of interest CP
The IOSCO has published a consultation paper (CP) on market intermediary management of conflicts of interest that arise in securities offerings.
RMA survey results released
The RMA Market Risk Council has published the results of its Trading Activities and Counterparty Risks Survey.
Wachovia three surface at Dresdner Kleinwort
Three members of Wachovia's equity derivatives sales team have left the US bank to join German rival Dresdner Kleinwort.
CESR publishes MAD responses
CESR publishes responses on the second set of draft guidance on the Market Abuse Directive (MAD).
Van Stappen joins as Equiduct as COO
Equiduct has appointed Willy Van Stappen as chief operating officer.
Dresdner Kleinwort hires head of global distribution
German investment bank Dresdner Kleinwort has appointed Stefan Guetter as its head of global distribution.
Commerzbank launches its first retail structured product in Italy
Commerzbank Corporates & Markets (CBCM) has launched its first structured product aimed at retail investors in Italy. The new five-year certificate, Twin Win, allows investors to gain from an increase in the S&P/MIB index, and, in some circumstances,…
Russia opens up
Russia is moving ahead with Basel II implementation, with a new industry working group and new regulatory rules. Ellen Davis reports
Anderson A Delicate Balance - buy-side risk management systems feature
Risk management on the buy side has, over the course of the last few years, become a specialist business process in its own right. But there are still a myriad approaches to essentially the same challenge: ensuring that you do not expose your…
JWG-IT out with Mifid roadmap
Think-tank JWG-IT Group releases Mifid whitepaper: MiFID: The roadmap to implementation.
Event horizon
Rick Cech takes a second look at what makes up operational risk event types, and asks if there is a more advanced way to define them
OP RISK IN ASIA: Time for change
Implementation of the core principles of op risk still has a long way to go in the Asia-Pacific region. Ellen Davis reports