News
Gas groups rethink regulatory issues
Global co-ordination needed between gas regulators and operators; international group to report on infrastructure and environment in 2012
Thomson Reuters Matching hit by four-hour outage
Banks say liquidity was affected by the service outage but it was fortunate to occur at a quiet time for the market
NY Fed’s Krieger: liquidity backstop for shadow banks vital
New York Federal Reserve executive vice-president Sandra Krieger stresses importance of backstop measures to reduce systemic risk arising from shadow banking activities
European parliament embraces Tobin tax
Lawmakers throw their weight behind Tobin tax on financial transactions; say global difference of opinion should not stop Europe implementing levy
CPSS-Iosco proposes risk standards for CCPs
Central counterparties should be ready for failure of one or two largest customers, regulators suggest
Investors watch Saudi protests with interest
Sentiment in the bond markets has not been unduly affected by MENA tensions, but Saudi unrest could change that.
Deutsche Bank ETF gives investors returns from supporting charity
Deutsche Bank has taken its Global Fund Supporters ETF to London. The ETF provides exposure to those who support the charitable work of the Global Fund and in turn gives fees to the cause
Record highs for Greek CDS raise market concern
Greek sovereign risk continues to rise on haircut fears
Transition Management Forum Asia 2011: Asian market crowded, say transition managers
Transition managers question whether the number of them in the Asian market - 13 - is already too many.
Greek CDS spreads close to all-time high
Downgrade of Greece's credit rating widens spreads, while rest of eurozone remains steady
Dealers and issuers protest European ban on ‘naked’ CDS
Ban could harm government debt markets, according to UK DMO – dealers say any prohibition would backfire
Transition Management Forum Asia 2011: Costs of a failed transition outweigh efficiency benefits
Two keynote speakers at a transition management event in Hong Kong today warned that the costs of a failed asset transition far outweigh any potential efficiency gains and outperformance from a successful transition.
BarCap index captures systematic alpha from monetary policy
A new index that extracts value from the US dollar and euro yield curves by capturing the momentum in cross-market rate spreads has been launched by Barclays Capital.
Nomura launches India Local Government Bond index
The India Local Government Bond index is a tracking tool that investors can replicate in order to generate higher portfolio returns from liquid bonds.
Moody’s lowers Greece's credit rating
Greece's credit rating moved from B1 to Ba1 while spreads rise across eurozone periphery
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People
Cat risk – Solvency II standard formula is up to double industry view of nat cat risk
Standard formula is up to double industry view of nat cat risk
Solvency II DTA rules “unimaginable” – CRO Forum
Solvency II DTA rules “unimaginable” – CRO Forum
German finance ministry to lower guarantee rates below actuaries’ projections
German finance ministry to lower guarantee rates below actuaries’ projections
Credit Suisse looks to enter Dutch longevity market
Credit Suisse looks to Dutch longevity
Factor Advisors puts spread-trading ETFs on the menu
Factor Advisors has launched a series of ETFs which offers investors a streamlined and cost-effective approach to spread trading.
More hedge funds using ETFs as diversification tool
Exchange-traded funds provide a straightforward way to diversify a portfolio across markets and asset classes for hedge funds, says Sonia Schulenburg, head of The Maya Fund.
HKEx to launch renminbi secondary market facility to support IPOs
The exchange says the new offshore renminbi secondary market liquidity pool will not introduce additional counterparty or forex risk, thanks to a back-to-back arrangement with interested partner banks and brokers
RBS promotes Eichel to head of US credit
RBS promotes Eichel to head of US credit