Infrastructure
Risk amplifiers will endanger credit market, report warns
High levels of speculation, leverage and securitisation mean the credit market is riskier than it appears, according to research published this month by the UK independent financial research company Clear Capital.
LSE consults on proposed product solutions for Mifid
LSE comes up with a raft of product ideas to aid Mifid implementation
Deutsche Börse expands in Asia
Deutsche Börse has expanded its Asian index business. It has added to the DAX Global Index Series with the release of the Dax Global Asia and has also signed a memorandum of understanding (MOU) with China Securities Index Company.
CESR publishes first Mifid Level 3 recommendations
CESR is out with the first in a series of Level 3 recommendations for the implementation of Mifid.
Susan Schmidt Bies resigns
Susan Schmidt Bies has resigned as a member of the Board of Governors of the Federal Reserve System
Credit Suisse goes online
Swiss investment bank Credit Suisse has expanded its e-commerce platform for trading of structured products. Following trials in Europe, US and Asia, the Securities Network platform is now available to Credit Suisse clients across the globe.
Synthetic indexes on ARMs created
CDS IndexCo, a consortium of 16 dealers, and Markit, a London-based independent pricing and valuations specialist, have developed a family of indexes on the hybrid adjustable rate mortgage (ARM) market. The Hybrix indexes are cash-settled forward…
A Ratings Quandary
The US Securities and Exchange Commission is set to hammer out several key provisions of the US Credit Rating Agency Reform Act, intended to increase transparency in the ratings industry. But some analysts are concerned the legislation could go too far.
With a bang or a fizzle?
With the deadline having passed for submitting Basel II risk model applications to national regulators, Europe's financial institutions should be well on their way to compliance. But the reality is that many are still struggling to implement the new…
CESR out with CPs on Mifid Best Execution and Transaction Reporting
CESR has published its long awaited guidance on Mifid best execution and transaction reporting.
A View on 2007: By Interwoven’s Jos Stoop
What will 2007 hold for structured products? In the final part of our series of thoughts on the subject we invited Jos Stoop, general manager of financial services solutions, at US risk technology firm Interwoven, to provide his predicitions. Look out…
Feeling the liquidity pinch? Then move over to the Dark side
dark liquidity
Safeguarding buyout-investment IRR levels through operational change
financial engineering
Falling on deaf ears
Cover story
Editor's letter
Editorial
Going for gold
Energy and Commodity Rankings 2007: Metals
A new twist
CPDOs
Phase II takes shape
Despite the EC's tough stance on Phase II national allocation plans, carbon prices are drifting downwards. The potential for legal wrangling and uncertainty over the importing of project-based credits could be to blame, reports Henrik Hasselknippe
Beyond compliance
Operational risk for the energy sector covers everything from production to transportation. Companies are now seeking sophisticated solutions to integrate op risk into wider risk-management programmes, as Oliver Holtaway reports
Gas portfolio and transport optimisation
Deciding which instruments to use to balance gas flows is not easy. Gido Brouns and Alexander Boogert discuss how to achieve gas portfolio optimisation by integrating this with the various gas transportation options available
Calling for clarity
As a US federal carbon trading scheme begins to look increasingly likely, the current lack of a definitive regulatory framework is frustrating the forward planning of utilities and power suppliers, finds David Watkins