News
Same-day affirmation could save €200m a year
Daily news headlines
GFI introduces Nymex CAPP
Inter-dealer broker GFI has introduced a Nymex look-alike Central Appalachian (CAPP) coal contract that can be cleared via Nymex Clearport.
Pivot accesses over-the-counter market
Pivot Instant Markets is an improved version of Pivot 360 which offers over-the-counter (OTC) traders faster and more efficient methods for trading.
Barclays Capital launches US power index
Barclays Capital, the investment banking division of Barclays Bank PLC, has launched the first US national benchmark index for power prices.
FSA to order CFD disclosure
The UK Financial Services Authority (FSA) will treat contracts for difference (CFDs) in the same way as shareholdings for disclosure purposes, it announced today.
Markit appoints head of bespoke index service
London-based data provider Markit has hired Scott Stark as a director in its index division, leading a new bespoke index service.
Creditex and Markit to run Isda's tear-up service
Interdealer broker Creditex and London-based market data provider Markit will run an industry-wide tear-up service for credit default swaps under the aegis of the International Swaps and Derivatives Association (Isda), starting later this month.
UBS in tax evasion probe
Daily news headlines
RBC expands structured products in Latin America
RBC Capital Markets has appointed Flavio Paparella as director and head of institutional structured products sales for Latin America, marking a further expansion for the bank in the region.
Investors should heed lessons of credit crisis
Choose products carefully, warns BNP Paribas, Tighten up risk infrastructure, says the OECD's Hans Blommestein
SEC hits out at credit rating agencies over RMBS
Two ratings agencies issued ratings on products even though outstanding issues were raised
Moody's slashes Ambac, MBIA ratings
Securities wrapped by Ambac and MBIA also suffer