Asia Risk
Portal combat
The first central clearing houses for credit default swaps were expected to start business in December, but regulatory hold-ups delayed the launch in the US and are also causing issues in Europe. Although four ventures are planned, some dealers expect…
Death by CDO
Synthetic credit
Islamic inroads
Cover story
A model approach
Technology
Delta and vega hedging in the SABR and LMM-SABR models
Riccardo Rebonato, Andrey Pogudin and Richard White examine the hedging performance of the SABR and LMM-SABR models using real market data. As a by-product, they gain indirect evidence about how well specified the two models are. The results are…
Damage limitation
Book review
Bypassing Basel
Risk management
Bridging the divide
Profile
Forex freefall
Funding risk
Beyond AMA approval
Operational risk
On the move
People
Buy-side backlash
Trading costs
Funding fears
Editor's letter
Out of the comfort zone
Operational stress
Seeking security
Cover story