Infrastructure
Exchanging places
Exchanges
JP Morgan launches implied volatility indexes
JP Morgan has launched indexes tracking the level of implied volatility in G7 and emerging-market economies.
CESR issues consultation paper on the use of reference data standard codes in transaction reporting
The Committee of European Securities Regulators (CESR) issues CP on reference data codes for MiFID
BarCap launches options on hedge fund baskets
Barclays Capital has developed a range of new option products based on underlying baskets of hedge funds.
Hong Kong SFC suspends Credit Suisse prop trader
A convertible bond proprietary trader at Credit Suisse has left the bank after being suspended by Hong Kong’s Securities and Futures Commission (SFC) for alleged insider trading.
First moves on diamond derivatives
UK-based diamond market data provider Polished Prices, with New York-based news service Bloomberg and three international banks, has published a discussion paper on developing a market for diamond derivatives.
Seeking the stamp of approval
family office investment club
Consultants make the offensive play
consultants
One of these funds is doing its own thing...
correlation
Multi-strategy: the flexible alternative
multi-strategy roundtable
Liquidity's new routes
Listed Options
Over the wall
Compliance
Trading opportunities in the Nymex frac spread
This article examines the long-term relationship between natural gas and propane futures. Using a technique known as 'frac' spread trading, Mbodja Mougoué and Steven Slack illustrate the opportunities that can occur from using the price fluctuations in…
Changes at intra-day
Nord Pool and the European Energy Exchange are going head-to-head in an effort to deliver intra-day trading to Germany's power market. Oliver Holtaway investigates
Urge to merge
The landscape for US commodity exchanges is undergoing considerable change, with many heavyweight names announcing mergers or new co-operations. David Watkins looks at what this will mean for energy trading
Food for fuel
In part II of our investigation into the attraction of 'cleantech' investment, Catherine Lacoursière looks at the growth of biofuel plants, and asks: does the world have enough feedstock to power them?
iTraxx launches leveraged loan cds indices
The two new indices, LevX Senior and LevX Subordinated, which began trading at the start of November, are referenced to a basket of 35 European leveraged loans
The tools investors use to price securitisations
Evaluating ABS
A covenant for change
A sharp rise in LBO risk - thanks mainly to private equity funds' groaning warchests - has forced credit investors to look to protect themselves by pressurising issuers to include more robust covenant language in their offerings. So does this mean that…