Exchanges
The View on Flu
Extreme Risks
Bridging the Gap
Deficit Financing
A Hybrid Future?
Life Company Funding
The world of indexes
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CESR says yes to commodities
Regulation Update
A year of change
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Doing things the Sharia way
Sharia Compliance
Duke Energy to adopt Cinergy trading approach
Following the transfer of its energy derivatives portfolio to Barclays Capital, Duke Energy is targeting a lower-risk trading strategy pioneered by Cinergy, the company it is buying
CBOT volumes rise as shift to electronic trading continues
Volumes on the Chicago Board of Trade continued to rise in November, as trading on the exchange shifted steadily from open-auction to electronic means.
RiskNews
RiskNews
Asia’s op risk quantification challenge
Asia’s regional regulators have mixed opinions when it comes to operational risk, finds Ellen Davis
A step up the ladder
Following Barclays' acquisition of Absa in July, the South African bank has decided to implement the advanced internal ratings-based approach to Basel II. Other banks have decided to follow suit. By Laurence Neville
BarCap takes on Duke trading book
Barclays Capital will acquire and manage the bulk of Duke Energy North America’s (DENA) power and gas derivatives contracts, as part of parent Duke Energy Corp’s takeover of US utility Cinergy.
Leading the pack
Nordic banks are well ahead with their Basel II programmes compared with their international peers. But there are concerns about home regulator rules and advanced credit risk data requirements. Laurence Neville reports
Weather fund Pyrenees closes, traders set up weather desk at Sempra
Weather hedge fund Pyrenees Capital Management closed at the end of October, a year after its launch, and two of the company’s three staff have moved to energy trader Sempra Commodities to set up a new weather desk.
Nice price for Ice as exchange floats
Atlanta-based energy-trading platform IntercontinentalExchange (Ice) hit the ground running as a public company today, pricing at $26 per share – at the top of its $24-$26 target range.
Pushing the boundaries
The introduction of IAS 39 this year has caused some corporate treasurers to rethink their use of derivatives. Banks are looking to structure derivatives solutions that achieve the economic objective of a hedge, while avoiding undue volatility on the…
Derivatives exchanges eye Asia, address large trader problem
Derivatives exchanges in Europe and the US view Asia as a significant future source of growth in trading activity. “Asia is the next wave of growth for our industry,” said Craig Donohue, chief executive of the Chicago Mercantile Exchange (CME), speaking…
More IT for MiFID
MiFID's success hinges on IT prospects, write Choongo Moonga and Phil Craig . But many in the industry are balking at the costs involved
Powernext launches weather indexes
French electricity exchange Powernext – in partnership with Météo France (the French meteorological office) – today started offering national European temperature indexes.
LSE profits fall on derivatives write-off
The London Stock Exchange announced its profits for the first half of the year had fallen by a third due to a drop in the value of its EDX derivatives unit.
The urge to converge
Market view