The European Commission (EC) today served notice of its intention to push standardised over-the-counter derivatives onto regulated exchanges, in a move that could prove unpopular among dealers.
European credit derivatives traders remain divided on the number of fixed coupons that should be used for the trading of credit default swaps (CDS), just two weeks after the market was supposed to have switched to using only four standardised coupons.
The freely-traded portion of the electricity market in Russia was increased from 30% to 50% on July 1. The rise is in line with the state's plans to achieve 100% free pricing by 2011 and sends a positive signal to the market that it will follow through…
The ultimate objective of regulators and participants in the derivatives business is to see submission and matching on the date of trade. How far is the industry from reaching this goal? By Ryan Davidson
Tim Mortimer of Future Value Consultants looks at the pricing issues for structured products in different markets and provides his trade of the month
Changes will be made to how the Baltic Dry Index (BDI) is calculated in an effort to boost derivatives trading, the Baltic Exchange announced today.
Mark Yallop, chief operating officer, Icap, talks to Alexander Campbell
While institutions continue to put huge resources into creating standard repositories holding 'golden copies' of financial data, there is growing support for the view that the industry would be better off standardising the data at source, and thereby…
The US Treasury's plan to dispose of warrants in banks held under the Troubled Assets Relief Program (Tarp) could have a significant impact on the options market, according to analysts.
Inflation in the eurozone turned negative in June for the first time since the single currency was set up in 1999, but rising commodity prices are likely to push inflation back up soon across the world, some analysts believe.
The US Federal Reserve Board has cut back several of the support facilities put in place over the past 18 months, arguing the recovery of the financial markets has made them unnecessary.
Money market funds, the retail investment funds which exacerbated the effects of the financial crisis in September last year, are to come under far stricter oversight, under draft rules announced by the US Securities and Exchange Commission on June 24.
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…
Multiple central counterparties for clearing derivatives trades might be less efficient, but stability concerns make a single counterparty too risky to allow, a European Commission (EC) specialist said today.
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…
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.
NYSE Euronext and the Depository Trust & Clearing Corporation (DTCC) will join forces to clear US fixed-income derivatives.
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.