Markets
Transitioning away from Libor is the biggest change to financial operations that many firms have ever undertaken. In the coming months, all Libor-based exposures will need to transition to risk-free interest rates such as SOFR or Sonia. While five US dollar Libor fixings will remain in place until June 2023, regulators insist that no new Libor risk should be traded after the end of 2021. The implications for products with floating rates beyond the Libor phase-out are huge. Risk.net is one of the most visited sites for up-to-the-minute information and analysis on the Libor transition.
This section features predominantly third-party content. Read more about our policy on this content here.
Japan’s yen swaps go global
JSCC isn’t just clearing swaps, it is clearing the way for the next stage of Japan’s financial evolution
Fitch Solutions Toolkit for Credit Risk Leaders: enhancing credit risk management, mitigation and strategic decision-making
The Fitch Solutions Toolkit for Credit Risk Leaders is a practical guide to enhancing visibility, agility and control across the credit risk workflow
How next-generation exchange infrastructure is redefining global market access
Designed to reimagine market connectivity, GAN offers strategic significance for financial institutions, regulators and exchanges
BIS 2025 FX survey: What the results mean for global markets
Key findings from the BIS triennial FX and OTC derivatives survey
Fixed income ecosystem
Manage risk, uncover opportunity and make informed decisions with ICE’s end-to-end fixed income solutions
US Treasury clearing success depends on competition and choice
The origins of the forthcoming clearing mandate for US Treasury securities and details of the ICE clearing platform scheduled to launch by end of year
ICE’s approach to pricing global fixed income assets
Accurate and transparent bond pricing is critical for managing risk, meeting regulatory requirements and making informed investment decisions
Repricing risk in a global rate reset
Firms are reallocating risk exposure, evolving forecasting models and leveraging deep macroeconomic data to uncover patterns and challenge assumptions
A paradigm shift for prepayment risk assessment
For MBS investors, the ability to link data to specific loans and securities offers more precise analysis, alongside other advances in data and analytics
Fixed income finesse: striking a balance amid shifting rates
An increasingly unpredictable economic environment leads investors to look for a wider range of products to satisfy evolving strategies
Digital asset derivatives: unlocking growth through regulated trading and clearing
The broader market trends driving institutional adoption before examining regulatory developments, risk management and the role of central clearing
Investors find smoother path with smart beta
In the face of evolving volatility, investors are demanding a smarter approach to strategic asset allocation
The future of quantitative investment
Discussion on the increasing appeal of QIS, latest trends and use cases in the Apac region
Repo on Execute: unlocking liquidity with innovations in market structure
Execute is driving the digital transformation of the repo market, creating a new standard for the industry
The future of fixed income
Apac investors’ use of fixed income products, the fast-track evolution of the UBS fixed income proposition and the innovations likely to be seen by 2030
The Term €STR transition: challenges and market readiness
The progress, challenges and factors shaping the adoption of Term €STR as financial institutions transition from Euribor
J.P. Morgan Inverse VIX Futures ETN: a more intuitive approach to risk
J.P. Morgan’s new inverse Vix futures ETN, designed for a more stable risk profile
Yen rise spurs Japanese rates market surge
Traders are moving on an expectation of increased yen volatility in 2025
Charting volatility: strategic insights on Apac monetary policy divergence and market dynamics
Key drivers of market fluctuations, the impact of currency and interest rate differentials, and technology-driven strategies for risk mitigation in portfolio management
Portfolio trading vs RFQ: understanding transaction costs in US investment-grade bonds
How factors such as order size, liquidity profiles and associated costs determine whether a portfolio trade or RFQ list trade is the optimal choice
From faxes to fintech: reflecting on more than 20 years of industry evolution
Financial markets have evolved from manual processes to streamlined, technology-driven workflows. This article covers this transformation and the collaborative innovations reshaping post-trade operations