Articles by Tom Osborn
Natural hedges: swapping the City for New Zealand
After a decade in forex sales, Tony Beard now advises a Maori tribe on hedging
Ice hires ex-Barclays OTC clearing chief in rates push
Ex-Barclays and Lehman banker Ray Kahn joins exchange group to focus on interest rate derivatives business
Could a phase-in save FRTB?
Regional banks fear they will run out of time to implement FRTB, but a phase-in could set a welcome trend
Trump victory: market whipsaw could spell exotics losses
Seesawing markets prompt speculation of big losses for structured product issuers
LSE forced to rework Curve deal over merger risks
Banks demand LSE use its own cash while awaiting verdict on Deutsche Börse tie-up
SGX to charge negative interest to clearing members
Excess euro and yen cash deposits expected to generate 20–40bp charge
Dealers’ WKSI woes: a case of rough justice?
Stripping firms of special issuance status suggests heavy-handed approach by SEC
Downgrade fears push South Africa banks to join CCPs
FirstRand, Barclays Africa and Standard Bank eye direct LCH membership
Goldman vs LIA: derivatives profits were masked, court hears
Prosecution cites Risk article that first described practice of inflating client valuations
Structured products' unseen enemy
Relentless focus on Priips compliance leaves industry vulnerable to hidden threats
Volatility traders wrestle with digital risk of Brexit
Skew on major indexes leaps after market wakes up to risks of UK's referendum
Europe set to delay variation margin regime
Delay to initial margin deadline likely to be accompanied by smaller shift in variation margin timetable
Three months left: dealers fret over slow start to Simm tests
Banks "still working like mad" in race to implement standard margin model
Smart beta evolves
Commanding the ground between active and passive strategies, smart beta looks set for expansion
US exchanges will be caught in Priips dragnet, lawyers warn
Futures and options sales to EU retail clients will need key information documents
David Rutter: gambling on blockchain and a Treasuries revolution
Former BrokerTec chief says technology can transform the financial markets
US fiduciary duty rules: a Labored delivery
Seismic changes rattle the market, but structured products could stand to gain
LCH-JSCC basis rockets for cleared yen swaps
Cost of receive-fixed swaps at JSCC jumps fivefold in a week
Priips rules set for delay, watchdog confirms
Technical standards to be delayed by at least a week, prompting implementation fears
Leeson: risk managers should be personally liable for trades
Former rogue trader says new UK rules could "change the way people look at risk"
South African banks may pool quants to tackle FRTB
Senior trader fears banks don't have quant resources to meet FRTB deadline
Beyond Libor: what reform plans mean for swaps users
Big bang still an option in plans to propagate new benchmarks
What credit auction friction says about the OTC market
Benefits of risk bifurcation threatened by collateral conflicts
Euribor administrator woos banks to revamp dwindling panel
Efforts to double number of contributing firms said to face strong resistance