Infrastructure
Looking before you leap
analysis: algorithmic trading and it
Algorithmic gymnastics - keeping at least one vault ahead of the rest
algorithmic trading
Survival of the fattest? Can smaller hedge fund houses survive pension funds' push?
institutionalisation
The Pimco component
Profile
Editor's letter
Editorial
Replicating returns
Asset allocation
Shifting sands
Foreign Exchange
Splitting the market
Interest rate swaps
Buying by the rules
Algorithmic trading
Entering volatility
Profile
Electronic trading
Introduction
Emerged economies
Profile
Weathering the impact of stormy price hikes
At the start of the 2006 hurricane season in the Atlantic Basin, Zachary Simecek takes a look at the impact on the energy markets
Asia's maritime centre
Traders hope that the arrival of freight and oil derivatives clearing for the first time in an Asian time zone will boost the growing FFA market in Asia
Industry gets energised
Attracting some 300 delegates, this year's Energy Risk USA conference was by far the biggest and most successful it's been since the fall of Enron, writes Stella Farrington
Knowledge is power
The first year of European carbon trading came to a bumpy end in May. But now the market finally has hard data about emissions, the ride should get smoother. Oliver Holtaway reports
The price is right?
For banks entering the physical power markets the opportunities are many, but pricing contracts in these volatile markets is fraught with difficulties. Aarzoo Shah, Riccardo Anacar and Antony Kakoudakis look at how to tackle these challenges
Optimal results
Effective portfolio management has become crucial for energy companies, but creating the optimal portfolio is fraught with challenges, writes Colin Cooper
Clearing the way for competition
Until recently, NOS was the only player offering clearing for freight derivatives. But with the arrival of new players, competition is set to intensify. Oliver Holtaway reports
A model of time-varying volatilities in futures contracts
Despite the utility of forward price models in the risk management framework, models of spot prices are used more prevalently. Ted Kury presents a tractable model with time-varying volatility, that allows for temporal changes
The end of an era?
Latin American governments are hiking taxes and forcing changes to contracts with oil and gas investors in a marked departure from the economic liberalisation of the 1990s. But reality may prompt a rethink, writes Maria Kielmas
How to avoid the high-yield blow-ups
With spreads at historic tights and default rates set to rise, high-yield investors are nervous. The advice from the experts is to pick your credits carefully, stay in short-dated paper and keep an eye on interest rates. Laurence Neville guides a path…
Ramon Maronilla
Asian local currency bond markets have tripled in size since 1997. Ramon Maronilla, product engineer at State Street Global Advisors in Hong Kong, outlines the steps being taken by Asian governments to promote further growth