News
RBS gold exchange-traded note aims to mitigate volatility
The third US-listed ETN from Royal Bank of Scotland tracks either gold or US Treasuries, giving investors access to a commodity while mitigating some of its volatility.
Nasdaq OMX to launch Nordic swap CCP
Stockholm-based service already has Swedish debt office on board. Launch planned for second half of 2011
BarCap’s Brown takes up Asian post
One of Barclays Capital’s most senior European traders, Conor Brown, has relocated to Singapore to head up the bank’s Asian credit trading business.
US: States rethink carbon trading scheme
New Hampshire House votes to leave RGGI, New Jersey could follow; change in states’ attitudes to cap-and-trade “not surprising”
Bahrain CDSs tighten again in quiet markets
Sovereign risk largely unchanged in early trading
Volatility spike boosts oil options trading volume to all-time high
The sharp increase in oil price volatility resulting from political upheaval in Libya and across the Middle East has helped push the volume of oil options traded to a new all-time high
Lyxor to launch five sectoral ETFs in Singapore
Lyxor will cross-list five Asian equity sector-based ETFs in Singapore from February 28. These are believed to be the first Asian sectoral ETFs in the region
CFTC divided on user fee for regulated entities
Commission split on budget proposal to part-fund agency with fees
Return to Glass-Steagall essential: Kansas City Fed’s Hoenig
Kansas City Federal Reserve president Thomas Hoenig says reform only scratches the surface without basic separation of investment, commercial banking activity for biggest banks
Lehman shortcut could slash value of derivatives claims
Proposed derivatives settlement framework may knock billions of dollars off dealers’ derivatives claims against the bankrupt estate
China leads the way as UK structured product providers try new underlyings
China leads the way as UK structured product providers try new underlyings
Middle East risk perceptions continue to rise
CDS spreads in the Middle East and eurozone are increasing as the price of oil spikes
UK assets in retail ETFs more than double that of a year ago, says iShares
The number of retail investors using ETFs is rising fast, boosted by regulatory initiatives such as the Retail Distribution Review and greater product knowledge among financial advisers.
Muted demand in Hong Kong for renminbi-denominated structured notes
Muted demand in Hong Kong for renminbi-denominated structured notes
World's first leveraged loan ETF will launch on New York Stock Exchange
Powershares expects leveraged loan ETF to appeal to mutual funds, hedge funds and individual investors.
Powershares list 39 ETFs on Bolsa Mexicana
Invesco PowerShares aims to tap potential in Mexico's institutional and high-net-worth markets.
Walia joins DTCC as equity risk head
Citi Americas investment risk head moves to New York clearer
Dealers fear client data leaks via repositories and regulators
Names of derivatives counterparties and deal details could wind up in the public domain, unless regulators are bound by data controls, industry argues
Netherlands heralded as next longevity market
An €11 billion increase in the liabilities of the top four Dutch pension funds owing to life expectancy improvements could see a longevity swap deal agreed in the Netherlands
S&P index takes Vix methodology to Hong Kong
S&P index takes Vix methodology to Hong Kong
'Democratic deficit' at new UK regulators worries industry
British Bankers' Association concerned over lack of accountability for new bodies
FSA's Ross to join Esma
Head of international division moves to European market regulator
Spreading protests send Moroccan CDSs higher
Risk perceptions still climbing across Middle East