Indexes
Index rule change could test bond market liquidity
More than 1,000 bonds will be removed from the Barclays US Agg on April 1
‘Great rotation’ highlights clash over unseen risks in factor investing
Gaps in performance of apparently similar products rekindle debate on index construction
Bank CDSs straining under TLAC
UK and Swiss bank Opco CDSs losing relevance as a hedging tool, experts warn
Synth City: how synthetic dividends could save autocallables
New indexes promise higher coupons and lower dealer hedging costs
Market expects Holdco CDS switch for iTraxx index
TLAC-driven issuance changes likely to see UK and Swiss holding company CDSs included in iTraxx Financials
Trump victory: market whipsaw could spell exotics losses
Seesawing markets prompt speculation of big losses for structured product issuers
Bank prop indexes threatened by US tax changes
IRS’s Section 871(m) rule places burdensome requirements on non-qualified indexes sold to non-US persons
Risk premia providers claim Brexit success
Index providers say strategies passed critical test convincingly
Structured note issuers warned on faulty disclosures
Fines for BAML and UBS highlight importance of accurate cost disclosures
Index provider of the year: S&P Dow Jones Indices
Index provider capitalises on smart beta trend
Post-Libor squeeze could stifle benchmarks, industry warns
Obligations set to mushroom for administrators and contributors
Proprietary indexes: private products face public scrutiny
Post-UBS enforcement action, what next for custom indexes?
Overcrowding puts low volatility indexes under pressure
Inflows increasing correlations and reducing performance, say traders
UBS case shines light on proprietary index disclosures
US dealers’ custom index operations under heightened scrutiny following SEC enforcement action
Fed TLAC proposals put structured notes in limbo
Vague rules spark confusion; Morgan Stanley may face headaches
SEC targets ‘switching’ of structured products
Frequent early redemptions used to boost broker commissions
SEC probing more proprietary index cost disclosures
US official says regulator is examining "a case or two"
Korean crunch: how HSCEI fall hammered exotics desks
Dealers lose over $300 million in scramble to hedge autocallables
Index publishers’ woes endanger market transparency
Price reporting agencies are an integral part of modern commodity markets
Autocallable issuance upsets Euro Stoxx volatility market
Frenzied issuance on European indexes stacks up vega risk for dealers as natural hedge suffers
US gas price reporting drop raises questions about indexes
Energy companies blame regulatory risk for reluctance to report trades
Report highlights decline in US gas price reporting
Fewer energy firms reporting to Platts and other index publishers, report says
Benchmark rules risk stifling innovation, says Stoxx chief
New product issuance in Europe could dry up as result of overbearing new rules, says Graf
Indexing multi-asset solutions
This paper explores the potential role of multi-asset solutions in the indexing landscape as well as challenges in constructing multi-asset indexes