Foreign exchange
Whose side is your consultant on?
Choosing the most appropriate front- and middle-office software often requires companies to seek expert advice. However, consultant expertise and objectivity can vary greatly. Choosing the right software consultant is a task itself, writes Ryan Rogers of…
Morgan Stanley
US Natural Gas House of the Year
Electrabel
European Natural Gas House of the Year
Feeling the heat
Uncertainty over future fuel prices is proving a headache for airlines. While many put on successful hedges last year ahead of widely anticipated price spikes, this year's price falls have discouraged hedging. Joe Marsh looks at how airlines in Asia are…
HSBC
Precious Metals House of the Year
Measuring success
A cutting-edge survey by McKinsey & Company reveals which types of trading are most prevalent and successful among utilities. Using survey data, McKinsey's Jörg Doege, Sven Heiligtag and Peter De Wit suggest guidelines for creating successful trading and…
GFI/Amerex/StarSupply
Broker of the Year
Commissioning change
Ferc chairman Joseph Kelliher talks with David Watkins about his views on the US energy markets, the Ferc's competition review and what needs doing next
Merrill Lynch Commodities
Coal House of the Year
Société Générale
Oil and Products House of the Year
The return of the bank balance sheet CDO
5. bank balance sheet CDOs
CDS: the building blocks for synthetic CDOs
2. credit default swaps
JDA analysis: Moody’s fights back
Moody's senior execs Ray McDaniel and Brian Clarkson speak out about the JDA debacle
The Big Interview: Chris Flanagan
Following the crisis in subprime mortgages in the US, the head of global structured finance research at JPMorgan in New York talks to Dalia Fahmy about spillover risks for auto loans
Lukewarm reception for Eurex credit futures
Eurex admits that trading volumes have been "disappointing" since the March 27 launch of the new contract, but denies that the product is illiquid
Invention is the mother of CDO market expansion
1. introduction
What's behind the demand for CDOs
3. product demand
Second-generation CPDOs hit the market
Rating agencies welcome evolution of CPDOs into managed structures as Lehman Brothers and Pioneer, and ABN Amro and Fortis bring deals to market
When - not if - the cycle turns
10. survival strategies
How to keep the barbarians at bay
The recent attempted buyout of Sainsbury's showed that no one is safe from the clutches of private equity; cash-rich houses are now clubbing together in joint bids to target even the largest names. Matthew Attwood explains the consequences for credit…