Infrastructure
NY Fed’s Geithner emphasises systemic risk in derivatives markets
Speaking in Hong Kong, New York Fed president Timothy Geithner has called for better regulation of hedge funds and the derivatives market.
Markit signs new derivatives processing client
Markit, the London-based data provider, has signed asset managers CQS as a client of its trade-processing service.
Highlights from the e-symposium
Yesterday’s e-symposium featured presentations from around the world on the state of Basel II implementation and outstanding issues. Following is a synopsis of what our speakers had to say.
JP Morgan uses T-Zero for prime brokered CDS
New York-based technology firm T-Zero has announced its prime brokerage electronic affirmation utility has been used by a JP Morgan client for the first time.
GFI to acquire most of Amerex in US
GFI, the New York-based interdealer broker, has announced it will acquire the bulk of Amerex Energy’s North American operations. The deal, worth $86 million, is due to be completed before the end of October.
Markit continues acquisition spree
Markit has acquired Netherlands-based MarketXS, a provider of software and technology for data distribution and trading solutions to the financial services industry.
Icap launches improved credit trading platform
London-based interdealer broker Icap has launched an upgraded credit trading platform, including pricing information on OTC derivatives from Markit.
Why illiquid instruments need no longer leave investors high and dry
illiquid instruments
Automating the derivatives dilemma
derivatives
More than just an academic interest...
private equity from universities
Managing the mortgage maze
Uk Mortgages
Hot property
Derivatives
Reinventing the fund
Funds of Hedge Funds
Bulking up
Annuities
A successor to VAR?
Strees Testing
Bright forecast for weather derivatives
To attract more corporate end-users, purveyors of weather derivatives are creating new products in search of the perfect hedge, as Catherine Lacoursiere finds
L Sankar, Jure Skarabot
Citigroup credit derivatives specialists explain why the Gaussian copula model, despite its flaws, is still the market standard for analysing correlation
Credit derivatives: the next generation
Now that credit default swaps and other credit derivatives are moving into the mainstream of financial trading, a new range of products and structures are being developed using synthetic techniques. Calyon's Loic Fery and Ally Chow review some of these…
Convertibles are back in fashion ... but how can they avoid the pitfalls of the past?
Convertible bonds are back on investors' radars after an overvalued market imploded early last year. But how sustainable is the recovery - and how can it avoid repeating the pattern of the last bloodbath? Jean-Paul Carbonnier investigates
Thomas Huertas
The director of the wholesale firms division and banking sector leader at the Financial Services Authority in London outlines the progress made in resolving the operational problems in credit derivatives processing. Interview by Nikki Marmery