News
ETF Securities to launch 31 ETCs on Deutsche Börse
ETF Securities, a leader in exchange-traded commodities (ETCs), will launch 31 ETCs on Deutsche Börse’s Xetra platform on 3 November.
UBS to launch European electricity and gas trading business
UBS, the Zurich-based global investment bank, will launch a European power and gas trading desk in the first quarter of 2007.
UK authorities issue best practice guide for business continuity
An operational risk benchmarking exercise completed by financial institutions and UK authorities in 2005 has led to the creation of a new business continuity practice guide for the UK financial industry.
Agencies feel the hot breath of regulators as reform bill clears Congress
The new rules aim to increase the oversight of rating agencies by the SEC and open up the industry to more competition by making it easier for agencies to gain SEC recognition
CDS volumes hit new record ... but processing backlog spikes back up
UK regulator, the FSA, talks tough on the backward step in CDS processing that has resulted in unconfirmed trades rising to 20,000 from 16,000