Structured products
Delayed trac-x Europe launches today
Trac-x Europe, part of a family of credit default swap indexes being assembled by JP Morgan Chase and Morgan Stanley, debuted trading today. A funded format is due to start trading the week of June 30. This follows a delay of about six weeks.
A new direction
Taiwan
Regulators could stifle retail derivatives development, warns speaker
Overly strict financial regulations could stifle the development of derivatives products for retail investors, warned a keynote speaker at an international derivatives conference today, co-hosted by the Futures and Options Association (FOA) and the…
Banks not ready for advanced IRB, says Trema speaker
Many international investment banks are not yet ready to implement the advanced internal-ratings-based approach to measuring credit risk, according to a controversial speaker at this week's Trema World Forum in Monaco.
European buy side still lags in risk management
The findings of a recent survey show that buy-side firms have increased their focus on risk management, but are still well behind their sell-side counterparts.
Weather derivatives notional volumes fall by $100 million
The Weather Risk Management Association (WRMA), the international trade organisation of the weather derivatives industry, yesterday said that the notional value of weather derivatives contracts fell by $100 million from last year’s figures.
Banks not ready for advanced IRB, says Trema speaker
Many international investment banks are not yet ready to implement the advanced internal-ratings-based approach to measuring credit risk, according to a controversial speaker at this week's Trema World Forum in Monaco.
CSFB debuts Cindi
Credit Suisse First Boston (CSFB) has launched a pair of credit default swap indexes called the Credit Indexed-Note Default Index (Cindi).
Securitisation will not be damaged by Basel II, says Mercer Oliver Wyman
Securitisation and related forms of credit risk transfer are unlikely to suffer in the long-term under the Basel II proposals, according to a report published today by financial and risk management consultancy, Mercer Oliver Wyman.
Lehman to launch credit default swap indexes
Lehman Brothers plans to launch a number of credit default swap indexes covering the US, Europe and Japanese credit default swaps (CDS) market by July.
Nomura taps retail market with Japan fund of funds
Nomura Securities has begun distributing its first Japanese fund-of-hedge-funds product targeted at Japanese retail investors. Called Nomura Japan Stock Market Neutral Fund 03-05, the fund invests in four underlying Japan-focused market-neutral funds.
Speed The Recovery
Half of the time it now takes for Evergreen Investments to restore its data in its offsite data center is spent driving to the disaster recovery site.
Securitisation will not be damaged by Basel II, says Mercer Oliver Wyman
Securitisation and related forms of credit risk transfer are unlikely to suffer in the long-term under the Basel II proposals, according to a report published today by financial and risk management consultancy, Mercer Oliver Wyman.
Creditex teams with Gimme Credit to offer credit derivatives research
US online broker Creditex has created a new company with partner Gimme Credit, a US corporate bonds research company, to offer independent research on credit default swaps.
Exclusive survey shows "reality gap"
There is a substantial gap between expectations and reality when it comes to the short-term benefits of putting an operational risk management framework in place. This gap is clearly shown in the results of an exclusive survey conducted by Operational…
The Corporate Action Challenge
Concern (often justified) over the maturity of third-party systems and the lack of industry standards is putting the brakes on the progress of corporate-action automation.
JP Morgan Chase launches 'equity default swaps'
JP Morgan Chase has developed an 'equity default swap', an equity-triggered derivatives product structured like a credit default swap.
A complex world
Introduction
A fast-evolving world
Introduction
All in Accord
Basel II
Back to school
Investment strategies
Enter the quant enforcer
Cover story
SAB – the magic brew
Company focus
