Foreign exchange
RBS teams up with Trader Vic to launch multi-asset index
Victor Sperandeo, chief executive officer of Enhanced Alpha Management and the Royal Bank of Scotland have partnered to launch a new long short strategy index designed to deliver absolute returns. The Trader Vic Index (TVI) is a managed futures index…
Risk Derivatives Summit : balance sheet reform is essential
Runaway credit growth was at the root of the crisis, and regulatory reform must start by clamping down on it, John Greenwood, chief economist at Invesco in London, told the Risk Derivatives Summit audience yesterday.
Basel changes could "kill off correlation trading”
Proposed changes to the Basel II Accord’s trading book regime, due in early July, will make correlation trading uneconomical unless a compromise can be found, say dealers.
Iosco recommends compulsory registration of hedge funds
Hedge funds and fund managers should be subject to mandatory registration and an international system of oversight should be established for the hedge fund industry, the International Organisation of Securities Commissions' (Iosco) Technical Committee…
BlueNext launches OTC registration service for brokers
Environmental exchange BlueNext has launched a new registration service for brokers to help secure over-the-counter (OTC) EUA and CER spot transactions.
Price fluctuations biggest risk for power companies says Aon
Volatile commodity pricing is the biggest risk facing power companies in 2009 according to risk management firm Aon's Global Risk Management Survey.
Q&A: Osfi chief champions Canada's regulatory framework
Julie Dickson, superintendent at the Office of the Superintendent of Financial Institutions (Osfi) in Canada, talks exclusively to Risk about how Canada's regulatory framework has helped institutions weather the financial crisis, and shares her views on…
US regulatory reforms will target the big players
The Obama administration’s proposals on regulatory reform make it clear that, in future, size will matter to the regulation of US financial firms.
SNB considers restricting size of Credit Suisse and UBS
The Swiss National Bank (SNB) may impose size limits on Credit Suisse and UBS due to "unique" systemic risks in the Swiss financial system, it revealed on June 18.
UK House of Lords criticises EC's regulation proposals
Daily news headlines
UBS and Credit Suisse poised for tighter regulation
Daily news headlines
Obama proposes sweeping changes to US regulation
Daily news headlines
Obama reform plans show no progress on OTC derivatives clearing
The Obama administration's much-hyped regulatory reform proposals disappointed over-the-counter derivatives dealers and end users yesterday by again failing to provide new details on how OTC markets with mandatory central clearing would operate.
Deutsche Börse introduces real-time information trading product
Deutsche Börse Market Data and Analytics has introduced a product that provides fundamental data for electricity trading and real-time data for the European power market.
Lawyers highlight grey areas in securitisation regulation
Securitisation regulation recently passed by the European Union could have problematic legal implications for originators and investors, according to lawyers.
Troika Dialog issues capital protected notes in Russia
Troika Dialog closed the book earlier today on its first issue of capital protected notes in Russia. The Troika Index Bonds were issued by a special purpose vehicle - OAO Troika Invest - and incorporate a binding offer from by Troika Dialog Investment…
Pure Capital offers targeted negative correlation
Pure Capital, a New Zealand-based quant hedge fund manager, has launched a new open ended fund which aims to provide protection similar to a structured product but make money in both rising and falling markets, replicating the standard strategy adopted…
Q&A: Basel Committee's Walter outlines Basel II reform agenda
In an exclusive interview with Risk , Stefan Walter, secretary general of the Basel Committee on Banking Supervision, discusses everything from capital to cyclicality while outlining the reform agenda for Basel II.
Isda aims to improve collateral management processes
The International Swaps and Derivatives Association’s collateral committee has revealed a set of goals for improvements to collateral management processes.
US securitisation regulation will force 5% retention
US regulators will require originators and sponsors of securitisations to retain 5% of securitised exposures and increase transparency of transactions, according to a leaked draft of a US Treasury report on improving the regulatory system, due to be…
Waxman-Markey early action provisions criticized as unclear
Industry commentators have spoken out about the provisions for early adoption of carbon emission reduction strategies in the cap-and-trade legislation currently going through the US House of Representatives.
S&P downgrades 18 US banks to reflect 'new reality'
New York-based rating agency Standard & Poor's (S&P) has cut its ratings on 18 US banks - a decision reflecting less-favourable operating conditions, greater volatility in financial markets and tighter regulatory supervision, according to the firm.
S&P: Market confidence in UK RMBS makes slow return
There has been some improvement in worst-case expectations for defaults on UK residential mortgage-backed securities (RMBS) in the second quarter, according to research by Standard & Poor's Fixed Income Risk Management Services.
Carbon copies from Croci
The financial crisis generally puts paid to all things environmental, but not now. Deutsche Bank has just launched to retail and institutional investors two new Ucits III funds based on "a stock portfolio of attractively valued companies with low…