News
Jain takes sole charge of Deutsche’s investment banking division
Cohrs' retirement leaves Jain in pole position to succeed Ackermann, say analysts.
Capital protection retains its allure in Switzerland, SSPA
Investors continue to buy capital-protected products, but shy away from leverage.
Korea moves to restrict FX derivatives leverage
Bank of Korea and Ministry of Strategy and Finance cut back leverage caps and limit corporate hedging of currency risks to 100% from 125% of exposure
Hong Kong structured product providers warm to ‘cooling off’ period
New SFC rules will also force dealers to offer secondary pricing
Korean securities firms seek new technology to offer complex products
Hyundai Securities’ signs landmark deal with Sophis in bid to offer more complex products
Investors keep options open with floored and collared FRNs, RBC
Floored and capped floating-rate notes have become increasingly popular with investors seeking low-risk investments.
QFII investors may get access to exchange futures in China
SHFE considering allowing foreign institutional investors access to commodities futures contracts through QFII scheme
Superannuation changes may ignite Aussie VA growth
Variable annuities set to grow as Australia tackles pensions longevity issue
First box-office futures contract approved for trading
CFTC lifts final barrier to film futures hedging, but trade may still be banned soon
UK ETF trading reaches record levels in May, says Barclays
The trading of ETFs in the UK recorded a healthy uptick in May, with FTSE and emerging markets-based products dominating demand.
EC derivatives consultation stops short of detail on corporate exemptions
Long-awaited derivatives proposals focus on standards for central counterparties that clear OTC derivatives.
EC proposes tough shorting rules but stalls on CDS ban
Shorting shares and bonds could be restricted or even banned under new EC proposals, but naked credit default swaps are safe for now.
Education and simplicity key to Netherlands market recovery
Investors in the Netherlands are still wary of structured products. A return to simple products and boost in educational efforts is needed to overcome this, according to bankers at Structured Products' conference for the Benelux region in Amsterdam
Options exercise process subject to operational risks, say experts
Manual processes in exercising or abandoning listed options positions are being handled by ops teams
Canada ponders best route to derivatives clearing
Dealers and regulators are in separate discussions on over-the-counter derivatives clearing.
Watch funding gaps, BIS warns Europe
European banks still have significant dollar funding gaps, leaving them vulnerable to foreign exchange shifts
Exclusive video: Power companies to be hit by US financial reforms
Senate financial reform bill could leave power companies facing major collateral problems
Korea opens up licensing
The move by the Financial Services Commission will bring some additional clarity to the tricky business of obtaining licences in the country
Hong Kong and Malaysia to offer common bond settlement system
The move to accept securities issued in both countries is the first serious effort to develop common settlement since Asean +3 governments called for such a move in 2003
UK firms neglected environmental resilience in IT business continuity drive, says SunGard
SunGard says focusing on resilient technology has left some firms flatfooted for business continuity