Risk magazine
ASPs: new hope or false promise?
Risk analytics
Why outsourcing is in
Back office
Corporate software challenge
Enterprise-wide risk
Brokers break the mould
Market access systems
Making the right technology decisions
Sponsor's statement
European info squall to clear
Data difficulties
A change in atmosphere
Trading
Getting a grip on the market
ENERGY COMPANY PROFILE
How Japan got it covered
Asian market
Aquila’s troubles could break emerging markets risk
New products
Canada opens new pastures
Corporate profile
Exchanges eye weather
Listed products
Getting a grip on the market
Energy company profile
Euronext Amsterdam to lower fees for derivatives traders
Securities and derivatives exchange Euronext is to lower trading fees on options and futures traded on its Amsterdam equity market.
Icap faces SEC scrutiny over Blackbird role
UK inter-dealer broker Icap could face a raft of regulatory probes due to accusations that it bought a minority stake in US electronic brokerage Blackbird to stifle potential competition to its own voice-brokered business.
Credit Markets Update: Traders see rush for protection on European bank debt
Traders have seen a big increase in demand for debt protection on European bank debt, following a string of results announcements that saw a big increase in bad debt provisions, along with disappointing profits at European banks.
Japan Credit Market Update: Spreads rise on weak stocks and rating downgrades
The cost of credit protection on Japanese companies continued to rise this week, as weakness in the stock market prompted many players to hedge their credit exposure.
Basel II could reinforce economic cycles more than expected
The Basel II bank capital accord could reinforce economic cycles to a greater extent than expected, according to a working paper issued today by the Bank for International Settlements (BIS), the so-called central bankers’ central bank.
BoA hires Citi veteran to head Asian derivatives sales
Bank of America (BoA) has hired Freda Sze as regional head of global derivatives sales in its global markets group. Based in Hong Kong, Sze will report to Goetz Eggelhoefer, Asian head of global markets.
VAR you can rely on
Analytical and simulation-based methods often appear as rivals, but many real world problems are best served by judicious combinations of both approaches. In a first of a pair of computationally themed papers, Rabi De and Tanya Tamarchenko present a…
Trees from history
Option pricing
Calculating portfolio loss
For credit portfolios, analytical methods work best for tail risk, while Monte Carlo is used to model expected loss. However, products such as CDOs require a model for the entire distribution. Sandro Merino and Mark Nyfeler meet the challenge by…
Letter to the editor: Forbearance measures needed for Basel II
From Tom Wilde, director, risk management, Credit Suisse First Boston