Feature
Hope for increased use of derivatives exchanges by hedge funds
While derivatives may be going through a dodgy patch with regulators and the public, the exchanges that trade these instruments expect hedge funds to increase their use of these markets.
Deja vu all over again: regulation in reaction to the financial crisis may miss the target
Financial markets (or politicians) are not known for their long memories. Judging from the latest rash of erratic and somewhat irrational behaviour one could easily believe no one has ever read a history book.
Settlement settled?
The collapse of Lehman Brothers and other banks last year proved that settlement risk in the forex market has been greatly reduced. But while forex operational risk managers may be giving themselves a pat on the back, there are warnings that settlement…
Hedge simple
Extreme shifts in foreign exchange rates have forced corporate treasurers to reconsider their hedging strategies. With currency volatility expected to remain high, many are shifting away from complex structures towards simpler approaches. By Ryan Davidson
Fit for forex
A variety of online trading and analytics platforms are being offered by banks to their clients. Risk looks at the functionality and benefits of some of these systems. By Ryan Davidson
Unblocking the euro pipeline
Last month brought a huge EUR48.4 billion of new corporate bonds, more than half the total amount of supply one investment bank predicted for the whole year in the euro market. Matthew Attwood looks at the drivers of the trend, and finds that in one…
A capital offence
In believing that healthy capital reserves would enable banks to weather the credit crisis, lawmakers and banking chiefs neglected one important fact, says Suresh Sankaran of Fiserv IPS-Sendero: that robust capital adequacy ratios do very little to keep…
Credit Investor Survey 2009
Our exclusive poll of leading credit investors gives an insight into the factors affecting today’s investment decisions. Which assets provide value? Which sectors should you avoid? When will conditions improve?
The repo effect
The ability of banks to use securitisation deals as collateral for repo funding from central banks has resulted in larger deals with more esoteric assets. Laurence Neville looks at how this change is affecting the securitisation market as a whole
Insurance debt: Don't take a tumble
Holders of bonds from the insurance sector should prepare themselves for a rough ride in 2009. Lingering concerns over the exposure of certain names to toxic structured credit assets and the difficulty of raising more debt in the current environment are…
Q&A: David Pagliaro & Peter Jones
Two S&P executives explain how the rating agency's ABSXchange platform for structured products and the VSS valuations service benefit investors in today's unpredictable markets
The measure of success
Compensation reform
Laying down the law
Financial Crime
Are disclaimers enough?
Legal Beat
An enterprising solution
Financial Crime
Evolve or die
Management
Regulation bites
Regulatory News
Crime a la mode
Financial Crime
Shipping out
The shipping industry has suffered huge losses in recent months, with the Baltic Exchange Dry Index sinking 94% between May and December last year. What are the knock-on effects for the developing freight derivatives market? Christopher Whittall…
Systems for best practice - Oiling the cogs
Technology
Software Survey 2009
Software Survey 2009
Headed for a fall
Annuities and deflation