Infrastructure
Dexia and AEMS team up to develop new Mifid solution
Daily news headlines
Dexia partners with AEMS to offer brokers a Mifid solution.
New AEMS/Dexia platform to have a smart order router and an analysis and reporting tool
Security is being overlooked in Mifid programmes
Daily news headlines
Broken joints
Moody's Investors Service's determination to change its rating approach, and its subsequent decision to revise its controversial joint default analysis methodology, has left the agency's reputation in tatters.
A flawed structure
Rising default rates in the US subprime mortgage market have caused serious difficulties for lenders, with some filing for bankruptcy. Regulators have demanded a tightening of underwriting standards, but bankers say other factors were also at play.
Structured Products Americas: greater industry co-operation needed
Kevin Mahon, Florida-based senior vice-president at Countrywide Securities, has called upon the US structured products industry to work more closely together to provide greater transparency for investors. “Dealers need to clarify in plain English what a…
Model mismatch
instruments
Addressing multi-strategy hurdles
open platform
So what if the US slows? The party's thumping in Asia
Allocators to hedge funds are one-eyed that Asia and commodities are where it's at - but their other eye is firmly on the US, report Solomon Teague and David Walker...
Deriving credit for change
credit risk
Profile - Savvy with synthetics
Credit Risk
Exchange-traded funds - Gaining currency
Structured Products
Towers Perrin
Advisory Firm of the Year
UBS
Energy Finance House of the Year
UBS
Base Metals House of the Year
Is the EU ETS working?
The EU's emissions trading scheme has created a massive oversupply of allowances for its first phase. Kjetil Røine and Henrik Hasselknippe ask whether the scheme is causing emissions reductions, whether there will be a sufficient shortage in Phase II and…
Feeling the heat
Uncertainty over future fuel prices is proving a headache for airlines. While many put on successful hedges last year ahead of widely anticipated price spikes, this year's price falls have discouraged hedging. Joe Marsh looks at how airlines in Asia are…
Measuring success
A cutting-edge survey by McKinsey & Company reveals which types of trading are most prevalent and successful among utilities. Using survey data, McKinsey's Jörg Doege, Sven Heiligtag and Peter De Wit suggest guidelines for creating successful trading and…
CDS: the building blocks for synthetic CDOs
2. credit default swaps
The Big Interview: Chris Flanagan
Following the crisis in subprime mortgages in the US, the head of global structured finance research at JPMorgan in New York talks to Dalia Fahmy about spillover risks for auto loans
Lukewarm reception for Eurex credit futures
Eurex admits that trading volumes have been "disappointing" since the March 27 launch of the new contract, but denies that the product is illiquid
