News
Volatility puts credit investors on the defensive
Investors are gravitating towards safe haven sectors such as utilities and telecoms as credit fundamentals on non-cyclicals continue to deteriorate
SEC aims to close the Gaap by prolonging consultation period on accounting rules
The extra 60 days for public comment on the amalgamation of US and international accounting standards does not signify a stalling of the process, says a financial accounting chief
Ukraine heads list of riskiest sovereign issuers
Central Asian and South American countries dominate the league table of sovereign issuers with the highest risk debt, while northern European nations - plus the US - are among the safest
FDIC extension gives breathing space to banks
The difficulties banks are facing in borrowing capital are ample justification for extending the TLGP scheme, say observers. Indeed, there are calls for the scheme to become more permanent
Limits to growth for Russian forex derivatives exchanges
The decline in the rouble led to a boom for Russian derivatives exchanges earlier this year, but local conditions mean growth is unlikely to continue.
Put spreads play part in the taming of the skew
The recent popularity of put spreads and put-spread collars has helped push down volatility skew to record lows on global equity indexes, according to dealers.
CFTC launches risk management committee
The Commodity Futures Trading Commission (CFTC) has established a Risk Management Advisory Committee to make reports and recommendations on risk management issues in markets under the regulator's jurisdiction.
CDS spreads tighten further on US financials
The cost of credit protection on US banks fell in early European trading today.