News
NewAlpha and Woori Asia seeding fund makes first investment
Former Brevan Howard and Trafalgar Capital hedge fund manager is recipient of first joint seed investment by NewAlpha and Woori Absolute Partners. The strategy is Asia equity long/short.
Eusipa optimistic that fall in structured products sales across Europe is a 'temporary blip'
A good start to 2013 means fall in turnover for structured investments and leverage products across six European exchanges in Q4 2012 does not spell bad news, says Eusipa
Swedish DMO raises concerns over Basel III impact on bond trading
The chief economist of Sweden’s debt office fears new rules on available-for-sale securities will make government bonds less liquid
NDF traders face up to Sef reality
Non-deliverable forwards are likely to be mandated to be traded on swap execution facilities before any other foreign exchange products, but are traders ready?
EC investigating collusion in CDS market – Almunia
European competition commissioner confirms probe of banks' attempts to scupper CDS trading platforms
FSA’s cyber resilience review ‘may reveal shortfalls’
Review of 30 financial institutions will lead to first new guidance in seven years
SG plans to securitise €1.9 billion of derivatives exposure
Deal is said to pay a coupon of 11% for first-loss protection – which some investors say is too low
Germany in no hurry to sign its Fatca IGA, expert says
One of the original five Fatca partners likely to take its time over signing IGA, expert warns
FX liquidity fragmentation costs reduced by technology
The increase in electronic trading venues in the foreign exchange market has created the potential for further fragmentation of liquidity. Technology vendors have developed a variety of solutions in response
Six terminates Scoach partnership with Deutsche Börse
Differences between German and Swiss markets cited as Six focuses on Switzerland
Hedge Funds Review European Single Manager Awards 2013 open for entries
Hedge funds with a significant presence in Europe are invited to enter the European Single Manager Awards. The awards recognise the best hedge funds, judged on quantitative and qualitative criteria.
Insurers ramp up commercial loan portfolios in response to Solvency II delays
Firms seek short-term opportunities before directive implemented
Citi loses Asia structured products head as restructure rolls on
Harold Kim mulling other opportunities at the bank
Swedish regulator to introduce Solvency II discount rate in 2014
Long-term solution to discount rate needed due to Solvency II delays, says regulator
CFTC's 60-second rule will force rejections, FCMs warn
Given a minute to accept or reject trades for clearing, FCMs warn they will err on the side of caution
Barnier: US will implement Basel III
Europe's internal markets commissioner dismisses suggestions that US will retreat from new rules, but says "technical delays" are possible on both sides of the Atlantic
Dividend-based ETPs stage a comeback
This year has seen a revival of interest in dividend-based exchange-traded products as investors continue their search for yield
Vickers implementation provokes operational risk concerns
Unanswered questions remain over the implementation of Vickers by 2019
Swiss structured products market boosted by the hunt for yield
Investors in Switzerland turn towards equity-linked products to beat fixed-income returns
Options clearing pushed to 2014 as solution search begins
As the search for a viable clearing mechanism for FX options begins, market participants suggest clearing won't begin before 2014
Liquidity fears temper uncleared margin proposals
Rules see two-way posting of initial margin, but apply threshold of €50 million in counterparty risk
First OTC clearing wave to catch 77 fund managers
List reveals 77 managers have funds that will be required to start clearing on March 11 - and dealers say up to a third are not ready to start