Foreign exchange
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
FX volatility creates headaches for bond investors
Investors shift allocations to US dollar products as euro sinks.
Naked euro currency swaps face same fate as CDSs in Germany
Germany broadens shorting ban scope
In transition
Transition management is gaining popularity in Australia, with longer transitions using off-exchange trading platforms becoming increasingly common. But there are plenty of risks associated with such trades. Rachel Alembakis reports
Hedging hit hard
The Reserve Bank of India issued draft guidelines last November proposing a ban on reduced-cost derivatives structures – the source of much controversy in India’s corporate market during the past three years. But some corporates are not happy with the…
Asset owners increasingly switch on to transition risk issues
Financial crisis has been a ‘brutal awakening’ for Asian asset owners, say panel members at transition management event
Constructing a reputation
China Construction Bank (Asia) is enhancing its retail offerings in Hong Kong ahead of a planned expansion into mainland China. But the distributor is delaying sales of accumulators to high-net-worth and private banking clients for fear of reputational…
Brics back in fashion
The debt crisis in Greece has brought volatility to the eurozone and given global markets the jitters. For many private banking accounts the affair has further underlined the attractiveness of emerging markets, where budget deficits are often lower and…
Sovereign debt and LatAm-related hedging key for Spanish dealers
Winners of the Risk España dealer rankings explain how hedging related to sovereign debt issuance and Latin America will be key revenue sources in 2010.
Risk Espana rankings 2010
Changing of the guard
Delivering on FX
Banks in the Asia-Pacific region are ramping up their proprietary electronic foreign exchange platforms in an attempt to capture a bigger slice of Asia’s burgeoning forex business. How is the shake-up in the market progressing?
The increasing FX
FX-linked products are on the rise as yield hungry investors look to one of the few underlyings that has been feasible to structure into short term capital protected notes in recent times while hedging conditions improve for issuers. A transparent and…
Now you PRDC them...
Power-reverse dual-currency notes proved a bonanza for dealers when markets were tame, but risk-managing the product has become a drain on resources and cash in recent years. As a result, some firms have decided to exit the market. Mark Pengelly…
The hedge costs explosion
High volatility in foreign exchange markets over the past year has forced many corporates to reassess their hedge books. A number of banks have increased their advisory services to help companies conduct an in-depth analysis of their exposures as a…
The algorithm method
Algorithmic trading was once the preserve of the equity market, but is winding its way into foreign exchange trading. However, some question whether these services can be properly provided by dealers acting as principal. By John Ferry
