News
Lack of co-ordination contributes to European market sell-off
The Bafin decree on short selling in May signalled a lack of agreement by European regulators, say participants
Tricorona purchase aimed at bolstering Barclays' CER portfolio
Barclays' $143 million bid for Tricorona should provide the bank with value all along the emissions supply chain
Industry calls for wider standardised baselines for CDM
CDM would be boosted by the introduction of standardised baselines, say experts
Mortgage lenders fret over FASB hedging proposals
Popular risk mitigation strategies could be sunk by new rules on the designation of hedges
Singapore's SMX WTI contracts seen struggling against NYMEX and ICE
The Singapore Mercantile Exchange WTI contracts, which offer a WTI contract throughout the Asian time zone, are unlikely to challenge Nymex and ICE, say market players
FOA: Details of new infrastructure derivatives rules expected shortly
European Union regulators to clarify controversial new derivatives and central clearing rules in a new regulation rather than previously intended directive, avoiding lengthy and politically sensitive procedure
German economic strength 'a fallacy': Charles Dumas interview
The Lombard Street Research chairman tells Credit the German economy is far weaker than has been supposed.
Highland Capital boss slams shorting restrictions for exacerbating volatility
Credit fund veteran Mark Okada says Bafin restrictions on short selling have increased market volatility
Trading positions – June 2010
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Korean securities firms seek new technology to offer complex products
Hyundai Securities' technology deal with Sophis may be the start of a trend as Korean firms build their structured products capabilities
Senate energy bill expected to stifle carbon market
The long-awaited release of the American Power Act provoked little immediate market reaction but could curb future US carbon market participation. Pauline McCallion reports
Floor price may send UK carbon price through the roof
The cost of carbon is likely to become more expensive in the UK than elsewhere in Europe under changes proposed by the UK’s new coalition government. Alex Davis investigates
Gensler calls for end to financials’ information advantage
CFTC chairman supports trading requirements in both versions of the financial reform bill that would benefit derivatives users rather than Wall Street banks, but calls for tighter exemptions to prevent systemic risk
EXCLUSIVE VIDEO: Shell Energy chief on market challenges
Mark Quartermain, president of Shell Energy North America (US) talks exclusively to Lianna Brinded about major market challenges in oil, gas and carbon markets.
Circuit breakers to stem NYSE trading falls
A 10% move in a stock price would trigger a pause in trading to prevent sudden falls
UK Bribery Act shakes up systems and controls
Banks operating in the UK may no longer make facilitation payments
Moody’s widens op risk definition for securitisation
Ratings agency breaks down boundaries of counterparty, credit and liquidity risk
CFTC commissioner questions Senate ban on support for swaps
CFTC commissioner says Lincoln's proposal to ban federal support for swaps might not fly
Brazil leads booming sovereign CDS trade
Sovereign CDS transactions eclipsed corporate protection volume in past nine months.
Third countries dominate AIFM negotiations
The question of how to deal with funds and managers based outside the European Union (EU) is proving the main dividing point in negotiations over the alternative investment fund managers (AIFM) directive.
Brussels calls for European ratings supervisor
European Commission proposes new body to oversee all credit ratings agencies operating in the European Union; security issuers must provide information to all agencies to boost competition
Cut derivatives volumes down to size, says European Parliament report
European Parliament committee calls for a smaller derivatives market, citing "distorting" effect.