News
Analysts quell crude supply fears from Gulf of Mexico spill
The effect on global crude supply in the short-term from the BP spill will be minimal, although production costs will rise, say analysts
Gazprom: European gas secure despite Belarus dispute
Gazprom quells market fears over a future European gas shortage by confirming its “readiness” to ensure additional gas deliveries to Europe in the event of Belarus shutting off Gazprom’s main gas transit system through the country
UBS hires new emerging markets head
Can Uran joins bank as co-head of FICC emerging markets.
Markit moves into commodities valuation
Markit, the giant independent financial information services firm, will bring energy and commodities risk managers closer to assessing real market risk with its launch of a commodities derivatives valuation service that is set to create more transparency…
Ashurst hires Nick Terras to bolster derivatives products group
Nick Terras has left Schulte Roth & Zabel to join Ashurst's derivatives products group in London
Wiener Börse launches two fundamental indexes
The Vienna Stock Exchange has launched the CECE Fundamental and the CEETX Fundamental indexes
NY Fed discourages use of bespoke derivatives
Post-trade reporting and collateral seen as way to push OTC derivatives towards central clearing
Russian exchanges energise market with power contract launch
Russia forges a stronger foothold in the global power markets, after two exchanges team up to launch a power futures contract
Energy Risk USA 2010
With the US set to unveil the largest set of financial regulation reforms of the past 30 years, Energy Risk USA's conference could not have come at a better time in order to gauge market concern
Market prepares for rising RMB
Swap rates and NDFs show traders expect the Chinese currency to rise after the weekend saw the end of its dollar peg
Cebs to disclose stress-test results, says EU Council
The European Council has mandated Cebs to issue the results of this year's stress-testing exercise of the EU cross-border banking sector
Jefferies recruits new head of rates sales
Marie-Laure Savelli-Timsit joins Jefferies in Paris to set up French rates business.
Delay of aviation EU ETS inclusion ‘unlikely’
Experts doubtful over a delay to aviation's entrance into the EU ETS due to the volcanic ash cloud, after Lufthansa CEO calls for delay until 2013
Social networking asks new questions of compliance
Companies must follow the varying demands of regulators in social networks, as markets have different obligations.
Deutsche Bank adds five to wealth unit in Hong Kong
German bank moves to increase its private banking coverage for North Asia
Long-term concerns over Gazprom dispute with Belarus
Market participants warn of possible long-term European gas import concerns, after Gazprom slashes gas supplies to Belarus over a debt payment dispute, echoing the European gas import crisis of 2009
New short-bond ETFs facilitate interest rate hedging and directional views
Deutsche Bank has listed short-bond ETFs on the London Stock Exchange as an interest rate hedge or for taking directional views on UK and US sovereign debt
ETF Securities offers emerging markets and G10 currency exposure
Exchange-traded currencies target retail and institutional investors
Regulators hit back at IIF’s doom-laden predictions of Basel III impact
Regulators believe the IIF has over-estimated the effect of the planned Basel III reforms.
Basel Committee adjusts market risk framework
A formal 8% floor is set for correlation trading capital charge following analysis of QIS results.
Swap lines better than foreign reserves during crises, research finds
Reciprocal currency swap agreements between central banks bolstered market stability in Korea during the crisis in 2007 and 2008
Eurozone has two years to agree fiscal union, says DB Advisors
The viability of the Eurozone project continues to weigh on fixed income market, says chief investment officer of DB Advisors.
Staff retention poses problems in operations depts, says Marex head
Internal departures can create a 'revolving door'