India
Asia Risk 15: Commodity derivatives grow dramatically but Asia still not setting prices
Asia is now the largest buyer of raw materials and its companies face significant hedging challenges to manage price volatility. But the fragmented nature of the region’s economies has hampered the exertion of meaningful influence in global commodity…
Asia Risk 15: Shilpa Kumar, ICICI
Shilpa Kumar has championed the development of modern financial derivatives in India. The ICICI veteran talks with Asia Risk about some of the milestone events during the past 15 years. By Sarfraz Thind
Consortiums look beyond historical loss data
The financial crisis has shown historical loss data is not enough to help model and predict future op risk events, so some loss data consortiums are looking to include features such as scenario analysis results in their databases
Q&A: Dr James Markowsky, US Department of Energy
Clean slate for coal
SGX and LME partner on metals futures launch
The London Metal Exchange (LME) and the Singapore Exchange (SGX) have joined forces to launch cash-settled mini monthly metals futures contracts to be traded and cleared on the SGX
Corporates with emerging market operations prove attractive to bond investors
As growth in developing economies – particularly the Bric countries of Brazil, Russia, India and China – outstrips that of the developed world, companies with sizeable emerging market exposure are looking increasingly attractive to bond investors.
Asia plays catch-up on CCPs
While European and US regulators blaze a trail in over-the-counter derivatives reform, Asian supervisors have been much more circumspect. Some are now exploring the use of central clearing but many are still wrestling with how best to implement it. Matt…
Indian corporates frustrate international bond investors by sticking to domestic rupee markets
International asset managers are keen to gain exposure to India, but just how keen is India to court foreign investors? With local companies able to fund themselves adequately in the domestic market, investors may struggle to find suitable offshore bond…
Putting the building blocks in place
The concept of using derivatives for risk management is still relatively new to utilities in India and is viewed with caution by market regulators. Katie Holliday talks to market experts about how they expect the discipline of risk management to develop
Russia targets CLS inclusion by 2015
Settlement risk in Russia's ruble is preventing the currency realising its global ambitions
Murky rules mire ODIs
Foreign institutional investors have clashed with the Securities and Exchange Board of India in recent years over the issuance of offshore derivatives instruments. Barclays Capital and Société Générale are the latest institutions to run foul of the…
Hedging hit hard
The Reserve Bank of India issued draft guidelines last November proposing a ban on reduced-cost derivatives structures – the source of much controversy in India’s corporate market during the past three years. But some corporates are not happy with the…
Special report: India's energy derivatives market
Our Special Report for April focuses on India's nascent energy derivatives markets.
Q&A with JP Morgan’s head of commodities for India
Indian businesses are keen to learn how to recognise their exposures to commodity price volatility and, in turn, manage that risk, says JP Morgan’s Rahul Eapen. He tells Katie Holliday why the varying levels of knowledge and understanding make the Indian…
Building the blocks for energy risk management in India
The concept of using derivatives for risk management is still relatively new to utilities in India and viewed with caution by market regulators. Katie Holliday talks to market experts about how they expect the discipline of risk management to develop
Focus on India: Power market regulation
Despite a growing will to liberalise power markets in India, progress has been slow so far. However, regulatory changes are finally moving the market towards better transparency and competition, finds Katie Holliday
Energy Risk: What's coming next?
Energy Risk brings you a snapshot of what's moving and shaking the markets with a special look at the Indian energy derivatives sector.
India woos foreign investment with CDM project reforms
Government to push through more CDM projects
Indian CDM: does it have a future?
The CDM market in India has boomed since its 2007 inception, but its development has been dogged by both domestic and international regulatory uncertainty. Katie Holliday looks at the challenges faced by the Indian CDM market and asks whether it has a…
India woos foreign investment with CDM reforms
The Indian government is proposing a set of reforms to Kyoto Protocol standards for Clean Development Mechanism (CDM) projects, which involve scrapping further charges to developers, to push through more CDMs and keep investment flows alive, the Indian…