Exchanges

The FSA’s quest for respect

Hector Sants, head of wholesale markets at the Financial Services Authority, talks to Nicholas Dunbar about his plans for increased regulatory focus on fixed-income structured products and hedge funds

CSFB launches Taiwan broking business

Credit Suisse First Boston (CSFB) has launched its derivatives broking business in Taiwan. The bank will trade futures and options listed on the Taiwan Futures Exchange (Taifex) for qualified foreign and domestic clients.

Credit managers hope for new accounting blueprint

Mark-to-market accounting has frustrated credit portfolio managers at the largest international banks. It’s made their loan books more volatile and their derivatives hedges less efficient. But accounting standards setters may be ready to review the rules…

In a muddle over MiFID

The EU’s Markets in Financial Instruments Directive (MiFID) has appeared like a bolt from the blue for most op risk managers. Should they be scared? By Duncan Wood

Greenpeace protest at IPE fuels debate on emissions trading

Greenpeace’s invasion of London’s International Petroleum Exchange (IPE) on Wednesday was intended to draw attention to the environmental impact of ‘big oil’ on the day the Kyoto Protocol came into force. However, by attacking an exchange that is about…

UK broker trade group to launch emissions indexes

The London Energy Brokers’ Association (Leba) will launch a series of ‘green indices’, which it says are designed as independent benchmarks for the European emissions market. The association will release both spot and forward indexes, with the aim of…

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