Feature
Cross-border cultural concerns are a priority for Raiffeisen
Raiffeisen Bank International operates across central and eastern Europe – op risk head Nicole Murtinger discusses the cultural challenges this brings her
CTA trend followers suffer in market dominated by intervention
Return to normality
Trading costs force focus on maximising efficiency
Counting the cost
US broker-dealers face higher costs from new customer care standard
Uniform fiduciary standard may raise the bar for investment advisers and broker-dealers
Illiquidity premium taxes Asian regulators
Asian regulators are turning their attention to the illiquidity premium, but defining it within an Asian context will not be easy. Blake Evans-Pritchard reports on some of the challenges
Emir reporting questions pile up for corporates
Happy to report?
Search for new OTC underlyings gets tougher
The history of the derivatives market has been punctuated by regular attempts to find new underlyings – never an easy task. But would-be innovators now face regulatory and political obstacles too. Lukas Becker reports
Rand volatility jolts South Africa's quanto stock futures market
Currency controls in South Africa limit the ability of domestic investors to build stakes in big overseas companies. Listed quanto futures are one way round that, but the users remain exposed to currency risk – so some banks are now pushing an options…
Clearing: Third time lucky
The third US clearing deadline caused relatively little fuss. But the problems that emerged ahead of the first two deadlines haven’t entirely been solved, and some firms sought to postpone their first cleared transactions. Joe Rennison reports
WGMR rules create funding complexity for dealers
How long will a client hold a 10-year swap? It could be 10 years – or it could be 10 days – and the answer has big implications for dealer funding requirements
Remembering Lehman: CCPs hardwire collapse into models
Five years on from the collapse of Lehman Brothers, the chaos that followed is now being erased from some value-at-risk models – and clearing houses do not agree on how to prop up their margin requirements. By Tom Osborn
After three months, Ice CDS index future has less than 70 open contracts
Launched with a fanfare earlier this year, trading in Ice’s new credit index future has since stalled. Critics say it is dead, but its backers argue it is too soon to write the contract off. Peter Madigan reports
Leverage rumpus: Banks protest impact of ratio revisions
Client clearing, repo markets, credit derivatives – the leverage ratio casts a shadow over them all. But the overarching complaint is that the ratio should remain a backstop, and it’s a point on which many regulators agree. Lukas Becker and Tom Newton…
Sefs: Ready or not, here they come
Ready or not, here they come
Asia Energy Finance House of the Year: SG CIB
SG CIB has been involved in a raft of eye-catching energy finance deals across Asia during the past year
Asia Deal of the Year: Goldman Sachs
Sydney-based Origin Energy was able to raise $500 million against non-core assets in two structured deals by Goldman Sachs
Asia Corporate Energy Risk Manager of the Year: Etihad Airways
A conservative yet flexible jet fuel hedging programme has proven successful for Etihad
Asia ETRM Software House of the Year: Aspect Enterprise Solutions
Aspect delivers its software in a way that significantly speeds up implementation and processing time
Asia Technology House of the Year: ZE PowerGroup
ZE PowerGroup's Zema data management software suite is gaining a firm foothold in Asia
Asia Broker of the Year: BNP Paribas Commodity Futures
Strong links with trade finance group mean brokerage clients have access to impressive variety of services
Asia Commodity Derivatives House of the Year: Deutsche Bank
Despite cutbacks in Europe and the US, Deutsche Bank’s Asia commodities franchise continues to impress
Asia Oil & Natural Gas House of the Year: Citi
Citi has worked hard to rebuild its oil business and is one of very few banks that remain active in physical LNG
Asia Exchange of the Year: Dubai Mercantile Exchange
Steady growth and big ambition are on show at the Dubai Mercantile Exchange
Asia Commodity Research House of the Year: SG CIB
Accurate forecasting and insightful analysis prove a winning formula for SG CIB