Feature
Out of the zone: nodal pricing takes hold
Congestion-constrained US electricity markets are likely to find relief with the arrival of a new pricing regime, reports Catherine Lacoursière
Balancing the books
Regulators are taking advantage of a lull in power project development in the US to close loopholes in financing rules, reports Catherine Lacoursière
Managing risk under SMD
Scott Greene, Mark Niehaus and Pankaj Sahay examine the impact of Ferc’s proposed standard market design on power risk management
Keeping EAR simple
Brett Humphreys discusses how trading groups can be captured within earnings-at-risk and cashflow-at-risk models. He suggests taking a top-down approach instead of a bottom-up approach based on actual positions
The credit risk time bomb
Insurers
Realigning exposures
CDO restructuring
PFE: ahead of its time
Modelling
Modelling default rate dynamics in the CreditRisk+ framework
Credit portfolio risk
Reinventing the market
Cashflow CDOs
CDS: the quest for neutral pricing data
Price data services
The hire ground
Recruitment
Taming the FIX connection
With large firms now juggling dozens of FIX connections, industry organizations and vendors are trying to soothe the protocol’s first set of growing pains.
The credit risk time bomb
Insurers remain very keen to both guarantee and invest in credit derivatives products, but key regulators are about to release reports indicating that risk transfer between the insurance and banking sectors might not be such a good idea.
Basel II regulators issue key QIS 3 survey
Global banking regulators said they launched their key survey today seeking information on how the Basel II bank capital accord aimed at making the world’s banking system safer would affect banks.
PHLX Rigs Database For Contingency
When its internally developed database began showing signs of strain from rising options volumes, the exchange sought a new disaster recovery solution. Its choice: an in-memory database.
Basel II securitisation paper delayed
BASEL - The planned paper on asset securitisation in the context of the Basel II bank accord will not be published today as hoped, but is likely to be issued some time next week, global banking regulators said.
Rhodia
News
Untangling the web
Enterprise-Wide Risk Management
The three-way knock-on effect
Enterprise-Wide Risk Management
The CRO road
Enterprise-Wide Risk Management
Know your trade types
Enterprise-Wide Risk Management