News
Italian anti-austerity vote could halt structured products revival, fear providers
Despite strong growth in Italy's structured products market last year, bankers say the mood has quickly turned conservative following the elections this week
China to get its first Euro Stoxx 50 ETF
Stoxx has licensed the Euro stoxx 50 to China Universal for an ETF, marking the first of its kind in the country
Gensler: OIS rate could be replacement for Libor
New benchmark must be based on "facts, not fiction", says CFTC chairman
EU bonus cap doubted by industry experts
1:2 maximum is "poorly thought through"
China shows signs that it is moving towards opening to hedge funds
China is showing encouraging signs that it is willing to open its market to foreign investors and funds. Hedge funds are still excluded from the market but steps are being taken in the right direction.
ASX to use cross-margining efficiencies in battle for Australia clearing market
Australian domestic clearing house hoping to use lower margin costs as a means to win market share
Man Group plans hedge fund acquisitions and expansion of US business
Man Group is looking at opportunities for acquisitions and establishing a larger presence in the US hedge fund market.
FSA arrests three in insider dealing investigation
Cost means insider prosecutions will be rare, legal expert warns
SEC says crucial information being withheld from investors in structured notes
In its latest letter, the SEC orders banks to highlight the difference between fair market value and issue price to help investors see what their investment is worth
Insurers urged to explore positive basis trades
Arbitrage opportunities on government bonds could bring yield boost
Swedish Solvency II discount rate move 'must address sensitivity concerns'
Extrapolation methodology must be robust and allow insurers to manage solvency positions, says Insurance Sweden
Let swap platforms trade futures – Icap’s Spencer
Icap's chief executive says proposed derivatives rules are reinforcing exchange monopolies
Tankard natural gas indexes greeted with scepticism
Traders show little enthusiasm for Tankard indexes of European natural gas, despite ongoing concerns about the reliability of assessments by price reporting agencies. Gillian Carr reports
Bank commodity VAR remains muted in Q4
Bank commodity value-at-risk remains muted in Q4
Energy firms scramble to avoid swap dealer label
Switching to futures and rewriting corporate websites could help reluctant energy companies avoid having to register as swap dealers under Dodd-Frank, reports Alexander Osipovich
Nordea rules out AMA
Another institution rejects AMA because of lack of clarity in requirements
Institutional investors shift portfolio allocations to hedge funds
Institutional investors are set to allocate 11% more to hedge funds this year, according to a Deutsche Bank survey. Less money is flowing to FoHFs while emerging managers are in favour.
Finex launches first Russia corporate bond ETF
Finex notches up industry first with LSE listing of ETF linked to Russian corporate debt
Ex-UBS Adoboli supervisor hired in Knight takeover
UBS-dominated management team formed as Getco prepares to take over Knight Capital
NewAlpha and Woori Asia seeding fund makes first investment
Former Brevan Howard and Trafalgar Capital hedge fund manager is recipient of first joint seed investment by NewAlpha and Woori Absolute Partners. The strategy is Asia equity long/short.
Eusipa optimistic that fall in structured products sales across Europe is a 'temporary blip'
A good start to 2013 means fall in turnover for structured investments and leverage products across six European exchanges in Q4 2012 does not spell bad news, says Eusipa
Swedish DMO raises concerns over Basel III impact on bond trading
The chief economist of Sweden’s debt office fears new rules on available-for-sale securities will make government bonds less liquid
NDF traders face up to Sef reality
Non-deliverable forwards are likely to be mandated to be traded on swap execution facilities before any other foreign exchange products, but are traders ready?
EC investigating collusion in CDS market – Almunia
European competition commissioner confirms probe of banks' attempts to scupper CDS trading platforms