Foreign exchange news and analysis articles - Risk.net

Infrastructure

The Corporate Action Challenge

Concern (often justified) over the maturity of third-party systems and the lack of industry standards is putting the brakes on the progress of corporate-action automation.

03 Jun 2003

Markets

JP Morgan Chase launches 'equity default swaps'

JP Morgan Chase has developed an 'equity default swap', an equity-triggered derivatives product structured like a credit default swap.

03 Jun 2003

Technology

Sarbanes-Oxley Prompts JP Morgan Upgrade

The firm says that for years industry proxy voting systems have been so poor that automation hasn't been worth the effort - until now.

02 Jun 2003

Basel Committee

Basel Committee conference solidifies support for Pillar I approach

The long-awaited conference on operational risk issues, organised by the Basel Committee on Banking Supervisions' risk management group, helped solidify support among both bankers and international regulators for the inclusion of operational risk in…

02 Jun 2003

Foreign exchange

Making the most of Basel II

Introduction

02 Jun 2003

Risk management

Risk's Basel II Forum > Patricia Jackson to give keynote address

Patricia Jackson, the Bank of England's Special Advisor on Financial Stability, will be giving a keynote address at Risk magazine's first Basel II Forum ( www.risk.net/baselforum ).

02 Jun 2003

People

Prop desks set to reap rewards of forex volatility

Banks could be reaping rewards from their proprietary foreign exchange trading desks, as swift intra-day market moves continue, dealers told RiskNews ’ sister publication FX Week .

02 Jun 2003

Regulation

Exchange-traded derivatives trading rebounds, says BIS

Aggregate turnover of exchange-traded derivatives rebounded in the first quarter of 2003, according to the Bank for International Settlements (BIS).

02 Jun 2003

Foreign exchange

US power sector decline slows, says Fitch

The US power sector has seen little more than a slowing in the rate of its declinein 2003, said Richard Hunter, managing director of rating agency Fitch’sglobal power group, in May.