News
Commodity position limits could hurt entire market, experts warn
Proposals by the Commodity Futures Trading Commission (CFTC) - now also proposed in the recently approved Senate Bill on Finanicial Reform - to limit larger energy traders' positions, could drive down liquidity in energy markets across the board, causing…
Dealers prepping new CDOs
Despite growing risk aversion in the credit markets, behind the scenes dealers are working on new issues of collateralised debt obligations.
Vol and correlation cause equity derivatives pain
Hedge funds and dealers reported to suffer losses from recent equity derivatives moves
Valukas' findings challenged by Lehman lawsuit against JP Morgan
Intra-day credit debate re-surfaces as Lehman Brothers Holdings (Inc) (LBHI) accuses JP Morgan of coercing it into agreements that allowed JP Morgan to get hands on collateral
Goldman CDO suit throws focus on collateral manager conflicts
Goldman Sachs fraud allegations show portfolio managers credit selection interests are often not aligned with benefiting CDO note-holders, say lawyers.
Carbon trading to rival crude markets: CCX head
Carbon trading set to become the biggest commodity market in the world
Risk Europe: euro volatility and regulatory uncertainty biggest concerns, say CROs
Buy-side chief risk officers voice their concerns about the effects of regulatory inconsistency on volatility.
Korean bonds stay strong, despite rising tensions
Sound economic fundamentals have meant South Korea’s sovereign bond yields have remained low despite the political standoff on the Korean peninsula.
Quiet morning trading on the CDS market after dramatic moves
CDS spreads' volatility earlier in the week over for now
Risk Europe: Changes to liquidity ratios likely, say regulators
Bank supervisors may look to recalibrate liquidity proposals under Basel III following industry comment.
Risk Europe: Industry should stop fighting Basel III and focus on transition
Senior Basel Committee member tells banks to get involved in negotiations over the phase-in period for Basel II reforms
Reuters to buy Point Carbon
Thomson Reuters to acquire carbon emissions information provider Point Carbon
World Cup infects structured products
How much can investors earn if their national football teams perform well at the Fifa Football World Cup? Buy a structured product based on the fortunes of your favourite team and find out, says Richard Jory, speaking at a lunch meeting held in London on…
Lynda Clemmons: weather derivatives will benefit from regulation changes
The former Enron derivatives pioneer believes forcing trades on exchanges will benefit niche players and smaller companies
Power companies to be hit by US financial reforms: expert
Senate financial reform bill could leave power companies facing major collateral problems
Risk Europe: EU supervision package could be delayed
Creation of new European supervisory authorities is hampered by disagreements between EU parliament and council
German short sell ban snares long euro FX derivatives
Long euro derivatives positions caught up in proposed legislation, while doubts remain over the exemption of market-makers
Banks starting to think local after crisis, BIS finds
Banks around the world are slowly shifting to rely on local retail funding, says the Bank for International Settlements
ETF role in Dow 'flash crash' under scrutiny
The role of ETFs in the US market “flash crash” on 6 May is under scrutiny following a preliminary report suggesting ETFs and index futures were linked to the event.
FSA seeks to enhance op risk frameworks
UK regulator moves forward with its work stream focusing on raising the bar for TSA firms
Six Swiss Exchange CEO: Markets need 'single set of eyes'
More data sharing needed to empower local regulators, says Six’s Katz
Markets give backing to WTI as oil benchmark
Strong Q2 trading volumes reassert WTI's place as global pricing benchmark
Risk Europe: Don't be blindsided by politicians, risk managers warned
Sovereign interventions are sacrificing market efficiency in order to deliver price stability, according to the former US Treasury attaché to the European Union
FX volatility creates headaches for bond investors
Investors shift allocations to US dollar products as euro sinks.