Exchanges
News
Risk news
Back-up systems key to blackout recovery
New angles
A plague on arbitrageurs
Cover story
A change for the better
Profile
Job moves
People
Euronext profits from derivatives growth
Pan-European exchange Euronext reported strong results today for second-quarter 2003, boosted by increased revenues in derivatives trading.
HHEx to launch China index future by year-end
The Hong Kong Exchanges and Clearing (HKEx) plans to introduce a new China index futures contract before the end of the year.
CBOT partners with Taiwan Futures Exchange
The Chicago Board of Trade (CBOT) announced that it has signed a memorandum of understanding with the Taiwan Futures Exchange to share information on market and product development and potentially work toward developing markets for new derivative…
Getting ready for IAS
With International Accounting Standard 39 set to be implemented in Australia in January 2005, John Kidd and Jim Godsil of Deloitte Touche Tohmatsu warn that early preparation is critical.
Operational risk: looking at the bigger picture
In the first of a two-part feature, Mark Holmes suggests that financial firms' operational risk issues would be better understood and handled by taking a leaf out of the op risk concepts and techniques developed in other industries.
UK warrants market sees growth on the back of equity rally
The upturn in equity markets that began in the spring has led to increased investor interest in UK warrants, according to Goldman Sachs. But the UK warrants market, which was launched in October by the London Stock Exchange (LSE), has yet to see…
CME to close open-outcry pits an hour early
The Chicago Mercantile Exchange (CME) will close pit trading in open-outcry interest rate products, including its flagship Eurodollar futures contract, an hour earlier – at 1pm – than normal as a result of the power cuts in the New York region, the…
Does CP3 get it right?
The Basel Committee on Banking Supervision's third consultative paper raises several complex issues, not least of which is: will it work in practice?
Getting to grips with legal risk in investment compliance
Pauline Ashall of Linklaters discusses the new compliance challenges that asset management firms are facing, and outlines the steps executives can take to mitigate legal risk.
CME and UK's Met Office to launch European weather derivatives
The Chicago Mercantile Exchange (CME), the UK's Met Office and its joint venture company, Weather Xchange Limited (weatherXchange), have unveiled plans to jointly develop global weather futures and options contracts.
A capital adequacy primer
A summary of the Committee of Chief Risk Officers' (CCRO) emerging guidelines on capital adequacy, by Cinergy's Antonio Ligeralde, Kenneth Robinson of El Paso Merchant Energy and CCRO head Michael Smith.
LSE appoints Stuchfield to head equity derivatives business
The London Stock Exchange (LSE) has appointed Nic Stuchfield as managing director of EDX London, the LSE-controlled derivatives exchange in which Sweden's OM holds a minority stake.
Winds of change
Introduction
Missing the train
Listed swap products
The objective strategy
Merger arb
The strong dollar challenge
Corporate hedging
CBOE prepares for battle
Equity options
Getting ready for IAS
Accounting