Infrastructure
Tranche trauma
Correlation
FinCEN releases new BSA/AML manual
Daily news headlines
Fortis and Enel sign 10-year wind deal
Fortis has signed a 1.1 million megawatt hour, 10-year financial fixed-price power purchase agreement with Snyder Wind Farm, a subsidiary of Enel North America
BNP Paribas adds in EM structuring
BNP Paribas has appointed Vlad Galea as head of Emerging Markets structuring in Europe, within Fixed Income’s Institutional Client Group (ICG). The role incorporates all structuring, with Galea reporting to Kara Lemont, European head of FX and Interest…
S&P launches US commercial real estate index
Standard & Poor's and the California real estate and investment research group GRA have launched the S&P/GRA commercial real estate index (SPCREX), which, unlike other US indexes, will be based on closed commercial transactions only.
LSE launches consultation on changes to its rulebook
Daily news headlines
The magic of macro...
While getting the strategy and manager mix right may be the 'visible' end of a successful fund of hedge funds house, Permal's Omar Kodmani explains to Solomon Teague advances, such as those in technology are also allowing the $35bn London house to…
Demystifying the practice of synthetic CDO valuation
Nosheen Khan, vice president, structured credit valuations at Markit, examines the base correlation mapping methods for implying bespoke collateralised debt obligation (CDO) correlations from standard index tranche correlations
Getting strongly bullish about the prospects and future opportunities in the land of the bear
russia equity long/short
Foreign exchange - Algos a go-go
Structured products
Foreign exchange - Carry on regardless
Carry trade
Collateral concerns
CFXOs
SEC names financial reporting committee members
Christopher Cox, the Securities and Exchanges Commission (SEC)’s chair, announced the members of the new Committee on Improvements to Financial Committee yesterday.
Regulatory compliance to transform market data
The introduction of the Markets in Financial Instruments Directive (Mifid) in the EU and the Regulation of National Market System (Reg NMS) in the US could increase the amount of market data published by 900%.
Lufthansa
The German airline group stresses strong communication between those handling the physical and financial sides of the business as paramount to energy price risk management
Tales from the sell side
Asia, and in particular China and India, represents the largest source of project-related emissions reduction credits going into the UN's Clean Development Mechanism system. Oliver Holtaway speaks to Asia Carbon Exchange's N Yuvaraj Dinesh Babu about the…
AstraZeneca
Pharmaceutical company AstraZeneca has restructured its supply contracts towards a more flexible model
Weathering risk
Earlier this year, Storm Exchange unveiled its electronic weather exchange, based on 500 proprietary, industry-specific weather indexes serving the over-the-counter markets. David Watkins speaks to David Riker, Storm's president and chief executive,…
South Korea hedges its bets
Corporate hedging of energy and commodity price risk in South Korea used to be the purview of a handful of large conglomerates. But a recent change in regulation has opened up the door to a whole new tier of potential hedgers. Local banks are now teaming…
Matchmakers
Post-trade confirmation in the energy market, once slow and prone to error, is becoming increasingly efficient due to the successful rollout of trade confirmation standards. David Watkins looks at how two of the competing standards have developed
Clearing the way
The Futures and Options Association has called on UK power market participants to come forward to help develop the market's structure. Chris Cook proposes an enterprise model that aims to overcome the obstacles to co-operation