News
BNP Paribas deploys Morningstar indexes for structured notes
BNP Paribas and Morningstar partner for index-linked notes
ETF roundup
ETF roundup
Index roundup
Index roundup
IFAs will abandon fee-based actively managed structured funds for ETFs as RDR bites
The Retail Distribution Review will encourage financial advisers to switch from selling structured funds to exchange-traded funds, say market participants
Mifid amendments lift barrier to brokers owning OTFs
Tweaks to Mifid text would allow owners of OTFs to engage in matched principal trading
New methodology for identifying systemically important insurers published
New methodology for identifying systemically important insurers published
New Omnibus II yield curve extrapolation proposals ‘a significant ALM challenge for insurers’
New Omnibus II yield curve extrapolation proposals ‘a significant ALM challenge for insurers’
Swedish regulator to conduct qualitative survey on Solvency II to support Orsa development
Swedish regulator to conduct qualitative survey on Solvency II to support Orsa development
CCP resolution plans start to take shape
LCH.Clearnet's re-launched CDS clearing service adopts a loss-sharing mechanism - in line with a "last gasp of breath" approach outlined in an Isda letter to the Bank of England
US Solvency II position anticipated by year-end – NAIC
US Solvency II position anticipated by year-end – NAIC
Dividend exposure in vogue with ETN providers
UBS and Société Générale are among several banks and index providers to tap demand for dividend exposure with new ETNs and benchmarks this year
People: JP Morgan veteran Ina Drew quits after $2 billion trading loss
JP Morgan veteran Ina Drew quits after $2bn trading loss
SwapClear hits $1 trillion mark for buy-side OTC clearing
A third of the figure was cleared in the last month alone - and volumes are expected to increase rapidly as clearing deadlines approach
Boultwood steps down as CRO of Constellation Energy
Move follows merger with Exelon Corporation. Risk management at the combined company will now be run by Exelon CRO, Joseph Glace
Second generation volatility ETPs not hamstrung by contango
Second generation volatility products are a much better investment than their previous iteration, according to one hedge fund manager – but buyers previously burnt by this asset class may be tough to convince
Structured Products Nordic Region: Sweden ‘most diverse market for underlyings’
Swedish investors are the best in Europe at taking global views when buying structured products, according to a panel at the Structured Products Nordic Region conference in Stockholm
OCC faces VAR vetting questions over JP Morgan loss
US regulator is responsible for signing off models used for regulatory capital purposes
Structured Products Nordic Region: Swedish regulator warns of information overload
Sweden's financial supervisory authority warns about standards of information, sales practices and conflicts of interest ahead of Mifid II implementation
Certificates of deposit becoming 'harder than ever to structure'
Low interest rates and equity market volatility are making it extremely difficult to structure certificates of deposit with attractive terms
Lack of local market-makers hampers the development of Asean ETFs
A reliance on external players is holding back the ETF sector in Malaysia and Indonesia
Risk & Return Brazil: BM&F Bovespa plans to integrate clearing houses
Plan to combine four clearing houses into one will result in margin efficiencies of 30-40%, the exchange estimates
Wealthy Greeks turn to offshore securities to escape redenomination risk
The massive drop in deposits held in domestic banks in Greece is partly attributable to transfers of savings into overseas accounts or securities to mitigate fears of a Greek eurozone exit and a return to the drachma
US farm lenders fear clearing will trip leverage ratio
Posted collateral cannot be used to offset liabilities when calculating farm credit banks' leverage ratio
Stripping out commission will transform UK market, says FSA's Woodall
Linda Woodall, head of investments at the UK Financial Services Authority talks about the balance between consumer protection and the need to police financial advisers ahead of the Retail Distribution Review