News
Harcourt appoints van Houten as head of risk
CRO of Swiss investment firm to leave in May
High sales prompt Finra to investigate certificates of deposit
After mass investor flight to the perceived safety of certificates of deposit, US regulator Finra plans to investigate quite how safe the investments are, especially those that include a derivative component
CFTC requests 50% increase in funding for 2013
White House resurrects idea of funding CFTC through fees paid by regulated firms
Clemons to head iShares EMEA capital markets
Blackrock subsidiary iShares has created the role of head of EMEA capital markets in anticipation of growth in European exchange-traded products
Nasdaq proposes new rules to challenge NYSE ETP dominance
Nasdaq is attempting to be a more competitive player in the exchange-traded products market by proposing new listing rules based on those of the New York Stock Exchange
Deposit-based structures dominate UK issuance as risk appetite shrinks
Investors are less likely to opt for exotic structures and underlying assets, UK distributors warn
Closing price uncertainty hits traders on Hong Kong Stock Exchange
Use of median calculated price and restrictions of trading capacity are causing problems for participants on the Hong Kong Stock Exchange
Basel DVA capital deduction could cost banks billions
Billions of dollars in capital could be excluded under Basel proposals on derivatives DVA - with US banks hardest hit
Latest turnover figures tell positive story for FX, say committee members
Steady volume rises in US and UK indicative of healthy state of foreign exchange markets
Lower interest rates to 'significantly impact' emerging markets currency debt performance
Amid a surge in demand for exposure to emerging markets currency debt from private investors, HSBC Private Bank prefers building structured products around Asian assets to emerging Europe
US product providers express relief as IRS eases Fatca implementation
The US Internal Revenue Service has announced an extension and modification to Foreign Account Tax Compliance Act compliance procedures, as well as an expansion in the range of financial institutions that will not have to enter into agreements with the…
Hedge fund manager charged in Galleon insider-trading case
Douglas Whitman illegally profited from tips on Google and Polycom, SEC says
Groupe Consultatif chair fuels concerns over Solvency II delays
Eurozone instability making application of harmonised Pillar 1 ‘difficult’
LCH.Clearnet’s ForexClear awaits regulatory approval
Forex clearing platform for NDFs is ready for launch, pending regulatory approval, LCH.Clearnet confirmed in its annual report
Shorter supply chains ease the effect of regulatory pressures on private banks
Shorter supply chains mean UK private banks will feel the effects of regulation less than retail banks
Del Missier: "status quo won't work" for long-dated trades
Dealers will have to change the way they approach long-dated derivatives business, says Barclays Capital’s Jerry del Missier
Pimco total return ETF will be tipping point for actively managed funds
Actively managed ETFs are becoming more and more popular with investors, and the launch of a big mutual fund strategy with an ETF wrapper by Pimco will be a watershed moment for the industry
European CCP group elects Eurex exec as new chair
Eurex's Marcus Zickwolff elected to chair European clearing house group
Hong Kong retail investors look to ELIs for their yield needs
Retail investors in Hong Kong are favouring equity-linked investments on the back of more stringent regulatory requirements for structured products. At the same time, the appetite for foreign exchange-linked products – most of which escape the new rules …
Fatca statement adds to confusion
A statement released alongside draft Fatca regulations makes for further confusion, says expert
High-yield investor stampede met with new ETF offerings
The long-promised revival in Europe's high-yield bond market has sent ETF providers rushing to create fixed-income investments that fit the bill
Emir clearing rules agreed - but calls grow for delay to Esma deadlines
Delays in the adoption of Europe's new clearing rules have eaten into the time Esma has to meet its June 30 rule-writing deadline
Strongest ever start to the year for US ETPs, say reports
January sees record high in exchange-traded product assets under management, with US inflows representing 84% of global new assets for the month
Industry split over draft Fatca regulations
Industry experts disagree on the effectiveness of the much-anticipated draft Fatca rules