Opinion
Where next after May's month of mayhem? Rob Davies column
It seems that the European authorities are powerless to restore confidence to the financial markets, and the prospect of a double-dip recession is looming closer.
Maple bonds may offer sweet spot for credit investors: Simon Ballard column
Canada’s financial markets proved resilient to the credit crisis and debt issued in Canadian dollars should garner strong support from investors.
Credit ratings are a necessary evil: Gary Jenkins column
Credit rating agencies have been an easy target for investors’ ire – and in many cases the condemnation has been justified. But ratings perform an important function in the markets.
The true source of liquidity in financial markets: Caveat Emptor column
Liquidity – its origins and effects – have long exercised investors, but one thing is certain: banks are not the main source of liquidity, despite what they would have us believe.
Editorial: ETFs are not derivatives
There are very few certainties in the financial markets, particularly when you are dealing in derivatives, but one truth that will always affect structured products is that exchange-traded funds (ETFs) are not derivatives. Newswires sometimes write…
Looking at Black Swans
In the second of a four-part series on the development of risk management, David Rowe considers the phenomenon of high-impact events, or Black Swans
Pass the microphone: Nodal’s Cusenza to LCH.Clearnet’s Grensted
In this month’s Pass the Microphone, Paul Cusenza of Nodal Exchange puts his questions to Simon Grensted, Managing Director, Business Development, at LCH.Clearnet
Video Q&A: GFI’s Michael Cosgrove on carbon markets
Michael Cosgrove, head of commodities and energy brokerage, North America at GFI Group – which launched its North America Environmental Products Group just over four months ago – talks to Pauline McCallion about his outlook for US carbon trading
Greece bailout package needs to be extended: Rob Davies column
Three-year tenor of bailout package doesn't give Greece the long-term stability it needs to address its fiscal problems.
MBS investors need to choose their servicer wisely: Joseph Mason column
Having the right servicer in place is critical in maximising the recovery value of distressed loans in mortgage-backed portfolios.
US politicians don't know the difference between CDS and insurance: Aaron Brown column
Lawmakers seeking to clamp down on the use of credit default swaps should remember that hedging and insurance are two very different concepts
Bond syndication process cheats investors
New issue distribution is not a fair deal for bond investors because the syndication process is so opaque
Tackling the credit insurance challenge
Credit insurance was one of the main risks for energy buyers in 2009 and looks set to stick around in 2010. Wayne Mitchell, head of corporate sales at npower, discusses how using an energy-trading approach can help energy suppliers and customers manage…
A new VAR terminology
In the first of a four-part series, David Rowe considers the development of financial risk management over the past 25 years and offers some thoughts about its future direction
Where to from here?
Editor Victoria Tozer-Pennington reviews the op risk events from the month that range from volcanic ash clouds to civil fraud.