Exchanges
Perspectives - Nick Sawyer
10-year anniversary
Looking to the East
Exchanges
Perspectives - Simon Topping
10-year anniversary
Perspectives - Craig Donohue
10-year anniversary
Best of both worlds
Hybrid products
Widening the spectrum
Credit risk
Brick by brick
Mortgage risk
A focus on ETFs
Structured products
A step up the ladder
Basel II
Counting on coal
NRG Energy's move to buy Texas Genco seems a wise one for a company with strong dark-spread exposure, but it has its risks, despite the target company being backed by an active hedging programme. Joe Marsh reports
A new sweet spot
Soft commodities
The evolution of variance
Cover story
Refco fallout hits industry
New angles
RiskNews
RiskNews
Pushing the boundaries
Accounting
Dealers work to meet deadlines
New angles
Weapons for mass construction
Supranationals
New auction to solve settlement woes
New angles
Beyond long only
Hedge funds
US retail in the firing line
New guidance from the National Association of Securities Dealers has put the retailisation of the US market in the firing line, sparking anger and confusion among distributors and structurers alike. By Paul Lyon
Trouble in paradise
Healthy balance sheets, swollen liquidity reserves and positive cashflows should be the words every bondholder wants to hear, but they could spell bad news for credit investors in the US as companies prepare to reward equityholders
NYSE calls for looser rules on derivatives trading
The SEC must relax its restrictions on broker-dealers to allow US markets to compete for derivatives business, New York Stock Exchange chief economist Paul Bennett told the US Senate yesterday.
Looking for clarity
The European Union's Markets in Financial Instruments Directive is set for implementation in April 2007. But there's plenty of confusion as to what the new regulations will entail – particularly with regards to 'best execution'. By Hann Ho