Feature
A time for special FX
Dealers are beginning to think a lot more seriously about credit-adjusting the prices they quote on foreign exchange derivatives. How are they calculating this, and how are clients responding to the move? By John Ferry
Go east
Once on the periphery of risk management technology, Asia has become the focus for research and development of risk and trading systems. Various technology vendors have bolstered their activities in the region, but what is driving the move? Clive…
Crossing the floor
The inflation market has experienced a severe dislocation, with breakevens plunging during October and November. It has left dealers scrambling to hedge their exposures to 0% floors embedded in structured notes. By Duncan Wood
Portal combat
The first central clearing houses for credit default swaps were expected to start business at the beginning of December, but hold-ups in regulatory approval delayed the launch in the US. With four ventures now due to take off within months of each other…
SG strengthens LatAm team
Société Générale Corporate and Investing Banking (SGCIB) has strengthened its coverage of Latin America by appointing Thomas Jacquot as vice-president, equity derivatives, structured products, LatAm.
UK pension funds look to hedge against falling inflation
UK pension funds are looking at inflation structured products in order to hedge the risk embedded in pension liabilities they pay at retirement, amid a falling inflation environment. Pension fund liabilities are adjusted for Limited Price Indexation (LPI…
Closer regulatory links needed, says US structured products industry
An overwhelming majority of members of the US structured products industry are calling for closer links with regulators in the wake of the financial crisis, a survey by the US Structured Products Association (SPA) has shown. The survey, which was…
Another week, another fraud
Editor's blog
Opportunities in 2009 in equities and bonds
Contrary to popular market sentiment, there are outstanding opportunities in equities in the foreseeable future. This is the view of Nigel Blanshard, portfolio manager and founder of London based fund of hedge funds Culross Global Management.
Citi rings the changes in structured products reorg
Citi has announced a host of changes to its structured products business, including the appointment of Jean-Luc Bernardi as Emea head of structuring. Bernardi has developed and led the Emea Equity Derivatives Structuring Team since 2006 and will be…