Foreign exchange
Counting the costs
The cost of much needed oil exploration and production projects has spiralled recently. Roderick Bruce looks at what is driving the cost rises and what their effect may be
Closer to the asset
As physical oil trading is increasingly influenced by supply and logistics issues, integrating specialised operational aspects into commercial risk models has become key. David Newton, CEO of TradeCapture, looks at how these challenges are changing…
Weathering the subprime meltdown
While conventional markets have been battered by the subprime crisis, weather market players have enjoyed high returns. Investing in weather derivatives provides insulation from volatile, chaos-prone and unpredictable human decision-making processes,…
Doing the right thing
HBOS has been at the forefront of structuring mortgage finance deals in the European markets. During recent turmoil, the bank has twice issued covered bonds in a bid to reopen that sector. It seems that head of securitisation and covered bonds at Bank of…
Bleak news from Boston
Conference Coverage
Primary markets revival delayed as bank announcements drive jitters
Investors will be hoping the worst is behind them as banks reveal extent of subprime losses
Banks devise 'super conduit' in bid to save Sivs market
Can rescue fund M-Lec bring much-needed liquidity, or is it a temporary measure destined to fail?
Changing the rules
Regulation
Russia reels from liquidity crisis
Central bank lowers minimum reserve requirements in a bid to buoy up vulnerable banks
Banking on a fall
Rates
Plugging the data gaps
Technology
UK revisits plans to boost fixed-rate loans
Treasury agrees to re-examine proposal for government to write long-dated interest rate derivatives
Aussies show their backbone
Australia
Not stressed enough
Stress testing
Starting from zero
The EBRD's Alex Tanase has worked with mortgage lenders across central and eastern Europe to develop nascent mortgage markets - often starting from nothing. By Dippy Singh
Apocalypto Now
A misguided trust in models to predict likelihood of default lies at the heart of this instability, reckons Nigel Sillis
Q&A: Rick McVey
In the wake of news that Thomson is to sell off part of TradeWeb, we ask the chief exec of e-trading platform MarketAxess how he sees the electronic bond trading landscape evolving
The subprime shake-down
The subprime mortgage market - the root of all the summer's troubles - may well be in turmoil but nobody is suggesting it is about to disappear as a source of financing for securitisations. The question is, what part will it play when the dust finally…