News
Eurozone periphery sees CDS fall
Debt protection costs fall in peripheral Eurozone nations, but continue to rise in Germany.
Icap pilots bank-only block trading platform for manual users
Pilot comes at a time when news reports suggest a group of 10 banks plan to launch a bank-only FX trading platform
Sants details new regulator’s approach
UK FSA’s Hector Sants says primary objective of new banking regulator will be to resolve failed institutions without disrupting financial system; outlines new risk model
Barnier draws UK lawmakers’ fire over new European supervisory structure
UK parliamentarians cross-examine European Commissioner for internal market regulation Michel Barnier on how much power new European supervisory authorities will have over national regulators
Multi-pronged tack expected for US carbon cuts
Cap-and-trade to continue as part of portfolio of emission reduction tools for states and regions; scheme co-operation expected
CDS spreads on Germany approach six-month high
Risk perception of German debt continued a week-long rise, on fears of the country's exposure to fellow eurozone members with weaker finances.
BIS: listed derivatives activity dropped in third quarter
Turnover of exchange-traded derivatives fell from June to September, with commodities the only exception, survey figures show.
Rabobank lists Dutch ETF in partnership with ETF Securities
Rabobank has teamed up with ETF Securities to list an ETF tracking the Dutch AMX index
CDS spreads widen across eurozone peripherals
European sovereign debt protection costs rise as Merkel says no to expanding EU bail-out fund
Coughlan exits JP Morgan
Global ALM advisory chief, co-head of European pensions advisory and key LLMA figure leaves bank
IEA: Derivatives not to blame for oil's strength
The International Energy Agency (IEA) says that supply and demand fundamentals are to blame for oil price strength, not speculative derivatives products
European Commission floats concept of investment bans in latest Mifid consultation
The European Commission has produced a consultation paper that suggests a basis for banning certain investments, with structured products making their usual appearance in the limelight
Sound Practices paper updated by Sigor
Long-awaited redrafted paper on Sound Practices for Operational Risk Management released for consultation by Sigor.
Sigor consults on new AMA supervisory guidelines
AMA range of practices tackled in new Sigor paper.
Positive outlook for 2011 commodity inflows: survey
Commodity investment to strengthen and become more active in 2011 as natural gas producers look to hedge low price expectations
MSCI broadens its micro cap and all cap index series for developed markets
MSCI broadens its micro cap and all cap index series for developed markets
LCH.Clearnet poised to announce FX options venture
Clearer will extend coverage to third asset class in 2011, with support from 13 banks
Irish CDSs widen on Fitch downgrade
The cost of insuring against an Irish government default rose today as Fitch lowered its Ireland rating to BBB+
Source offers investors ETF exposure to single Bric markets
Exchange-traded funds provider Source has launched three ETFs that provide exposure to MSCI emerging markets indexes for Brazil, China and India
IASB has change of heart on hedge accounting
Proposed new rules on hedge accounting - published by the IASB this morning - are intended to make life easier for corporate hedgers
Exchanges urge US to keep forex swaps and forwards under Dodd-Frank
The World Federation of Exchanges has urged US Treasury secretary Tim Geithner to keep forex derivatives under Dodd-Frank to block banks from using the exception for interest rate derivatives transactions. But a senior Westpac banker and rival trade…
Martin Wheatley leaving the HK SFC next year
The SFC's first chief executive, Martin Wheatley, will leave the commission in the middle of next year.
Prudential names Foley as group chief risk officer
Prudential has announced the appointment of John Foley as group chief risk officer and an executive director on the board, starting on January 1.
Would-be Sefs await CFTC proposals
The CFTC announces its proposals on swap execution facilities on December 9, which could trigger a race to meet the new definition.