News
HFT is changing the ecology of the FX market, says BIS committee
Bank for International Settlements report on high-frequency trading in the FX market is lukewarm about recent initiatives to monitor HFT and recommends further analysis by regulators and participants
Risk.net poll – UK Treasury is right over ECB lawsuit
Respondents to a Risk.net poll support the UK Treasury’s decision to sue the ECB over its proposal to require CCPs clearing euro-denominated contracts to be legally incorporated in the eurozone
Canadian OTC derivatives repository unnecessary, say market participants
Critics argue a Canadian OTC derivatives repository would lead to fragmented and inconsistent data
Airlines face 82-million tonne shortfall of carbon allowances in 2012
The commercial airline sector will have to buy 82 million tonnes of carbon allowances next year in addition to free allowances, according to an aviation consultancy
Turmoil continues at UBS as Grubel steps down
Chief executive takes the fall for $2.3 billion rogue-trading losses
Greater focus on OTC derivatives op risk required in Asia – Celent
Market participants in Asia need to focus more on operational risks associated with their resurgent OTC derivatives trading volumes, especially as the market moves towards trade repositories and central counterparty clearing, according to a new report…
Structurers seek ways to tap Chinese growth as equities suffer
Structurers seek ways to tap Chinese growth as equities suffer
Marsh appoints new head of risk consultancy
Richard Waterer becomes head of Marsh Risk Consulting (MRC) in the UK and Ireland
SEC could sue Standard & Poor's over faulty CDO rating
The SEC may charge Standard & Poor's with breaking federal security laws in its rating of a 2007 CDO.
Carney to banks: stop blaming each other
Mark Carney, Bank of Canada governor, tells banks to stop accusing others of bad behaviour
Banks make structured products cutbacks in Australia
Departures from Bank of America Merrill Lynch, RBS and UBS come as retail structured products sales have failed to regain momentum following a collapse in volumes since the global financial crisis
Video: BBA says banks at risk of losing investors under ICB proposals
The capital requirements in the ICB report could make investment in financial institutions unattractive
Three members of family jailed for boiler-room fraud in UK
Three members of family jailed for boiler-room fraud in UK
SEC files subpoena enforcement action against Deloitte
SEC files subpoena enforcement action against Deloitte
US CFTC charges investment adviser with $3 million fraud
US CFTC charges investment adviser with $3 million fraud
Axa Rosenberg clients 'betrayed' by co-founder
Clients of Axa-Rosenberg lost $217 million because its co-founder concealed an error in one of its models, regulator says
Pimco said to be behind OTC clearing spike at CME
Interest rate swap clearing volumes at CME leapt 2,172% between August and September, and dealers say one firm is responsible for the surge
SEC's Schapiro under fire in Madoff conflict case
SEC's former general counsel David Becker inherited $2 million account with Ponzi fraudster
Barclays launches volatility ETN in Japan
Barclays Bank has listed a volatility exchange-traded note linked to the S&P Vix Short-Term Futures Index on the Tokyo Stock Exchange
Video: BBA gives first, exclusive views on the ICB report
In an exclusive interview, the BBA discusses whether the ICB should have looked more closely at other separation models for its final report on financial stability in the UK
CCPs should be more transparent with margin models, say dealers
Dealers say CCPs need to be more transparent about how they calculate margin – including making their models fully accessible
Credit risk boundary events to be a focus for regulators
The Basel Committee's Sigor group will spend time on credit risk-related operational risk loss events at its upcoming October meeting in Frankfurt
Efficacy of alpha strategies called into question
Alpha strategies may result in lower volatility but they do not necessarily provide higher returns, according to market participants
Video: What is the future for actively managed ETFs?
"What is the future for actively managed ETFs?" is the fifth question in a series of videos from Structured Products magazine that address the development of the market for exchange-traded funds