Feature
US power hedging suffers from low prices
Low power prices have dented the need for electricity producers and consumers to hedge with derivatives, while regulatory reform is also making life difficult for market-makers. But market participants are optimistic the trend could be reversed. Pauline…
Ferc chairman to step down
Glencore Xstrata poaches Morgan Stanley LNG team; CME Group adds former bank commodity head; Tullett Prebon hires Icap weather broker; LME chief executive resigns; SEB replaces commodity chief
Risk parity outperforms 60/40 portfolios, says Aquila
Par for the course
Mortgage hedge funds refine focus after bumper 2012
Finer focus needed
Asian insurers slow to embrace central clearing
New clearing rules are not on the agenda of most insurers in Asia, but as derivatives use increases they could become more relevant. Blake Evans-Pritchard reports
Liability modelling speeds boosted by computer games technology
As insurers look for ways to improve the speed of their modelling calculations, some are turning to microprocessors originally developed for computer graphics in games consoles to increase calculation times. But while graphical processing units can…
Lack of local currency OIS markets problematic for Asia banks
The move towards OIS discounting is proving difficult enough for banks in US and European markets but firms in Asia are facing the added difficulty of a dealing with multiple currencies
Basis risk in palm oil market after Indonesia growth
Guessing game
CSOB Asset Management keeps up the structured supply
When third works
Canada takes aim at tax-advantaged bond funds that use derivatives strategies
Targeting the little guy
Proprietary indexes under scrutiny as banks keep their insights secret
Indexing in the dark
Adapting to survive: new structured product distribution models in the UK
Take your partners
Asia Risk awards open for submissions
The only Asia-based publication which covers derivatives and risk management is taking submissions for its 14th annual awards
ASX and LCH battle for Australian clearing market
Two's a crowd?
Too much power: Sefs warn on 'available to trade' rules
Final execution rules in the US have given swap execution facilities the power to determine what products they will be allowed to trade. The entire industry appears to agree this is a terrible idea – including the trading venues themselves. Peter Madigan…
Basel challenges big banks to improve risk data aggregation
Crunch time for data
Futurisation dooms energy swap execution facilities
The US Dodd-Frank Act envisioned a new type of trading venue for over-the-counter derivatives, known as swap execution facilities (Sefs). But in the energy markets, at least, it appears Sefs are dead and traditional futures exchanges have emerged…
Regulatory concerns mount as Dutch insurers maintain guarantees
Race to the bottom
Rogue trading questions remain, says US head of op risk at Mitsubishi UFJ Securities
Lack of commonality in rogue traders adds to the risk banks face from within
Bond investors attack 'disastrous' CRD IV rules on CoCos
Don't go CoCo
Accountability for a data breach
The blame game
Mobile banking brings new risks
Virtues and devices