Derivatives
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
Naked euro currency swaps face same fate as CDSs in Germany
Germany broadens shorting ban scope
Shell Energy chief: US financial reform bill could dislocate energy prices
The newly approved US financial reform bill will have unintended consequences, which include a dislocation between supply/demand fundamentals and energy prices in the longer term, says Mark Quartermain, president of Shell Energy North America (US)
Controversial swaps legislation survives as US Senate passes bill
Swap dealers and major swap participants will be unable to qualify for federal government support
Cesr to step up securities and derivatives scrutiny
European regulators act as markets show “exceptional volatility”
Derivatives safe harbours under siege
Amendment to US financial reform package proposes an end to derivatives safe harbours
Industry disappointed by lack of clout in CCP standards
Dealers complain a long-awaited draft of standards for derivatives clearing platforms fails to address key issues.
Sponsored feature: BNY Mellon – focusing clients on their core activities
Never has the need for efficient management around over-the-counter derivatives business been more crucial, or such a focus, as it is today. BNY Mellon discusses how, with its collateral management services, it has helped clients achieve greater…
Senate bill raises the stakes in financial reform debate
The future of the derivatives market in the US has become the subject of a political tug-of-war, after the Senate Committee on Agriculture, Nutrition and Forestry passed a bill prohibiting federal support to all dealers, derivatives exchanges, clearers…
Sponsored statement: The problems with generally used interpolation spaces
In a world increasingly focused on effective enterprise-level risk management, there are notable discrepancies in volatility management techniques. Murex proposes a cross-asset interpolation space with potentially significant risk management impacts
Confusion over CVA
Dealers are becoming more disciplined in pricing credit – a lesson learned the hard way after the collapse of Lehman Brothers. However, banks are taking a variety of approaches, and some participants believe certain firms are habitually underpricing…
Dampening pro-cyclicality in margin
The Committee on the Global Financial System has released a proposal recommending changes to dampen pro-cyclicality in margin practices and haircuts for securities financing and over-the-counter derivatives. How could this affect collateral management…
Asian insurers hedge away solvency fears
Asian insurance companies have sat up and paid attention to their solvency ratios during the past two years like never before. This has led to unprecedented levels of derivatives take-up. But will this conversion to derivatives last? Harry Thompson…
Reform bill passes Ag Committee before full Senate debate
The US Senate Committee on Agriculture, Nutrition and Forestry has approved the Wall Street Transparency and Accountability Act, containing some of the strongest derivatives reforms proposed since the financial crisis.
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…
LCH.Clearnet considers revaluing $212 trillion swap portfolio
LCH.Clearnet could start using overnight indexed swap (OIS) rate curves rather than Libor to value its roughly $212 trillion swap portfolio, in response to changing market practice.
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
Risk corporate survey 2010
Price is still the most important factor for corporates when choosing which dealer to trade with. However, a wide divergence in pricing among banks means transparency is now a key issue. By Matt Cameron, with additional research by Alexander Campbell,…
Risk Espana rankings 2010
Changing of the guard