Morgan Stanley
Little seasonal cheer for bank CDS spreads
Europe's big banks have endured a rocky month of ratings downgrades, eurozone discord and funding stress
Morgan Stanley sees opportunities for prime brokerage in move to exchange clearing of OTC derivatives
Service provider rankings 2011
Market Snapshot
Market Snapshot
CFTC urged to rethink rules that threaten cross-margining
Pushed to the margins
Dealers face up to OTC clearing's tech revolution
All systems go
Pickel replaces Voldstad as Isda chief executive
Bob Pickel reappointed Isda chief executive, replacing Connie Voldstad, who will stay on as special adviser to the board
Quant Congress Europe: Peter Carr introduces ‘meta-modelling’
Morgan Stanley quant tells Risk's annual European quantitative finance event that modelling assumptions should be considered in light of calibration needs - even if this leads to discrepancies
Best in the UK
Best in the UK
Dealers predict CVA-CDS loop will create sovereign volatility
A recipe for disaster?
CFTC urged to rethink rules that threaten cross-margining
The cross-product margining maze
Dealers face up to OTC clearing's tech revolution
Clearing the way for IT
Cutting Edge introduction: the DVA debate
The DVA debate
‘No way’ Asia can meet CCP deadline; probably the same for Europe
Panellists speaking at a derivatives industry event in Hong Kong believe Asia is unlikely to meet its obligations to have full mandatory clearing in 14 months – the deadline established in the 2009 G-20 agreement. They say a lack of regulatory clarity is…
Energy Risk Manager of the Year, Asia: Morgan Stanley
Energy Risk Manager of the Year, Asia: Morgan Stanley
Margin models converge as CCPs battle for dealer support
Dealers say they won’t join clearing houses that are not robust – and have already blackballed one central counterparty. As a result, the initial margin methodologies employed by the big rates clearers have begun to converge. Matt Cameron reports
Prop trading ban set to crimp market-making and hedging activities
Putting a stop to prop
Basel III liquidity rules shaking up the corporate deposit market
Deposit(ive) thinking
Leveraged return super trackers back
Demand for leveraged call spreads, commonly referred to as super trackers, with highly geared upside and soft protection, is slowly coming back. Investors are looking to diversify counterparty exposure away from high street banks and inflation growth…
People: UBS expands derivatives structuring
People: UBS expands derivatives structuring
Slow return for Libya oil seen after Gaddafi topple
The overthrow of Libyan leader Colonel Muammar Gaddafi may have sent oil prices falling in recent days, but a return to full oil production in Libya is not likely for some time to come due to on-going security issues, say analysts
Market volatility sees potential payouts rise and interest in gold and volatility ETNs intensify
Market volatility sees potential payouts rise and interest in gold and volatility ETNs intensify
BoA appoints Laughlin as chief risk officer
Replaces Bruce Thompson, who becomes chief financial officer
European debt twilight zone claims Société Générale
Markets turn against French banks in general - and SG in particular - on a day short on solid news and long on rumours
US bank CDS spreads spike following US downgrade
Spreads on Bank of America spike following US debt downgrade and news of AIG lawsuit; other US names also widen