Derivatives
Isda Asia chief: Forcing energy and commodities into CCPs creates more risk
Forcing energy and commodities contracts into central counterparty (CCP) clearing is “potentially dangerous”, says Isda's Noyes
NDX adds Goldman Sachs as Nordic activity picks up
The revival in structured products activity in the Nordic region recently can now boast an increase in the number of issuers on the NDX
BIS must fix data gaps: Bank of England paper
Bank of England paper identifies specific information gaps in cross-border banking statistics published by Bank for International Settlements; improvements thought to be under way
EU rules changes may cause power market liquidity risk
Power market risk managers face a new set of liquidity and market risks if the European Union (EU) enforces proposed regulation changes, says RWE chief
Concerns grow on correlation of derivatives collateral
Sovereign debt crisis raises fears about correlation of derivative collateral denominated in domestic currencies
Ashurst hires Nick Terras to bolster derivatives products group
Nick Terras has left Schulte Roth & Zabel to join Ashurst's derivatives products group in London
NY Fed discourages use of bespoke derivatives
Post-trade reporting and collateral seen as way to push OTC derivatives towards central clearing
Corporates should be forced onto central counterparties – BIS
Central counterparties are wrongly perceived as being more expensive than OTC transactions, says a leading economist.
Commodities investment – know your options, manage your risks
Events over the past three years have generated extreme levels of volatility in the commodities arena. In this article, Standard Chartered provides companies and investors with some keen advice on hedging against these sharp moves, and the clear…
Exclusive video interview: Lynda Clemmons
The former Enron derivatives pioneer believes forcing trades on exchanges will benefit niche players and smaller companies
Exclusive video: Impact of CO2 on power prices
Power risk managers may face previously unforeseen cost challenges in the next few years, as not enough research has been done to quantify the marginal effects carbon dioxide (CO2) emissions prices will have on the electricity generation sector, says…
European Parliament’s IAS 39 clearing eligibility proposal criticised by accountants
Accountants condemn a proposal to use IAS 39 as a means to determine whether a derivative has to be cleared through a central counterparty.
Lack of co-ordination contributes to European market sell-off
The Bafin decree on short selling in May signalled a lack of agreement by European regulators, say participants
Risk institutional investor rankings 2010
The resurgence of market volatility and growing regulatory uncertainty have made the past 12 months challenging for investors. In this difficult environment, respondents to Risk’s institutional investor survey voted JP Morgan the top provider of…
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…
FOA: Details of new infrastructure derivatives rules expected shortly
European Union regulators to clarify controversial new derivatives and central clearing rules in a new regulation rather than previously intended directive, avoiding lengthy and politically sensitive procedure
Gensler calls for end to financials’ information advantage
CFTC chairman supports trading requirements in both versions of the financial reform bill that would benefit derivatives users rather than Wall Street banks, but calls for tighter exemptions to prevent systemic risk
Cut derivatives volumes down to size, says European Parliament report
European Parliament committee calls for a smaller derivatives market, citing "distorting" effect.
Editorial: ETFs are not derivatives
There are very few certainties in the financial markets, particularly when you are dealing in derivatives, but one truth that will always affect structured products is that exchange-traded funds (ETFs) are not derivatives. Newswires sometimes write…
German short sell ban snares long euro FX derivatives
Long euro derivatives positions caught up in proposed legislation, while doubts remain over the exemption of market-makers
ETF role in Dow 'flash crash' under scrutiny
The role of ETFs in the US market “flash crash” on 6 May is under scrutiny following a preliminary report suggesting ETFs and index futures were linked to the event.
Financial regulatory overhaul to impact energy trading more than any other sector
The current overhaul of financial regulation will have a more profound effect on energy trading than any other sector, as ongoing challenges in energy trade confirmation will be exacerbated, says market expert