Feature
Asian thermal coal swaps trade picks up steam
The China-based API8 index has provided a risk management solution to the coal contract defaults that befell the industry last year and is gaining traction as one of the latest Asia-based commodity derivatives
Active ETFs: can they break into the mainstream?
Despite the lifting of a moratorium by the Securities and Exchange Commission last December, active ETFs have more hurdles to overcome before they're ready for the mainstream. Skittishness from the US regulator isn't helping, writes Yakob Peterseil
Extraterritorial clash continues for clearing houses
While the Group of 20 nations want to see progress with financial regulatory reforms, individual authorities around the world are reluctant to relinquish domestic sovereignty over standards for central counterparties. Luke Clancy reports
Huge settlements overwhelm op risk models
Capital punishment
Talent fuels growth of Asian hedge fund industry
Asian advancement
Top 50 Global Custody Mandates Survey 2013
BNP Paribas leads the way in global mandate survey
Asian refinery activity boosts oil derivatives trading
Fuelling activity
OTC reforms present technology challenges for insurers
Wide-ranging changes to the the OTC derivatives market are leading insurers to upgrade their collateral management systems, often quite substantially. But the complex requirements and computational power needed is providing a challenge - not just for…
Preparing for the risk of pandemic disease
Ten years on from the 2003 Sars epidemic, banks need to take stock of the lessons – and assess the risks ahead
Business continuity after Hurricane Sandy
Storm warning
FSA toughens insider dealing enforcement
Recent insider dealing prosecutions by the FSA have demonstrated a new regulatory commitment to pursue more complex cases. Financial institutions are under pressure to tighten up internal controls or face the bite of the watchdog
Banks fear capital swings if Basel III kills bond filter
Filter furore
South Africa's securities lenders seek collateral clarity
Security in lending?
Proxy war: Shrinking CDS market leaves CVA and DVA on shaky ground
Runaway adjustments
Technology providers look to the cloud to meet insurers’ modelling challenges
Cloud technology potentially offers insurers an efficient way to undertake the huge amount of actuarial and risk modelling calculations that need to be performed. But with concerns around data security and reliability, is it really a fail-safe option?…
AML and framework change at Nordea
Anders Meinert Jørgensen, head of group operational risk at Nordea, talks AML awareness and pace of framework change at the bank
CLO market appeals to yield-hungry investors
Post-financial crisis structured credit has been in hiding: but 2013 has seen the re-emergence of the collateralised loan obligation (CLO) market, with yield-hungry Asian players demonstrating a strong appetite for the paper
Viva Las Vega: Japan banks take advantage of volatility play
Viva Las Vega!
Rise in CCPs may spur collateral fragmentation
Currency controls
Central clearing obligations cause collateral headaches in Asia
Collateral thinking
Another RWA, another dollar: Capital pressures prompt questions over pay
Basel III is forcing banks around the world to reduce their risk-weighted asset numbers. Some have set up specific teams to do so, but how will these traders fit into a remuneration system that focuses on revenue generation? By Michael Watt
Uridashi losses put at $500 million after Nikkei rebounds
When the Nikkei slumped last May, banks were forced to sell volatility to protect positions built up through the sale of uridashi products – leaving many with losses. A rally in the index at the end of the year inflicted further pain. In total, the…
Interdealer rankings 2013 winner: BGC Partners
Interdealer rankings 2013 winner: BGC Partners