Exchanges
A new dawn
Now that the financial community has finally become comfortable with derivatives, the next challenge is to trade these instruments using STP methods. STPforum reports
A new focus on old risks
Operational risk can wreak havoc on financial institutions’ businesses, yet measurement of operational risk is not nearly as developed as that of credit or market risk. Legislation is forcing firms to face up to the problem and STP may help them on their…
GASB issues new derivatives guidelines
The US Governmental Accounting Standards Board (GASB), a not-for-profit organisation that seeks to establish standards of financial accounting and reporting for state and local governmental entities, has issued new derivatives accounting guidelines for…
Hedge Funds’ Double-Edged Sword
To meet investor and regulator concerns, many hedge funds must provide more transparency--while still keeping their strategies close to the vest.
Euronext.life to launch FTSEurofirst index derivatives
Euronext.liffe said it will launch futures and options contracts based on the FTSEurofirst 80 and FTSEurofirst 100 indices on Monday 23 June.
HKEx names new COO and alters corporate structure
Hong Kong Exchanges and Clearing (HKEx) has named Patrick Conroy as chief operating officer as from August 18. Conroy will replace Frederick Grede, who has not sought a renewal of his employment contract, which expires at the end of July.
SG to be first to market with UK currency warrants
SG, the investment banking arm of Société Générale, will issue the first currency warrants in the UK next week. The move follows the release of warrants linked to oil, gold and house price moves by Goldman Sachs, SG’s biggest rival in this area.
European buy side still lags in risk management
The findings of a recent survey show that buy-side firms have increased their focus on risk management, but are still well behind their sell-side counterparts.
German regulators begin industry dialogue
FRANKFURT - Germany's regulators are about to change the way they interact with the banking industry as they gear up to implement the operational risk portion of Basel II by 2006.
Weather derivatives notional volumes fall by $100 million
The Weather Risk Management Association (WRMA), the international trade organisation of the weather derivatives industry, yesterday said that the notional value of weather derivatives contracts fell by $100 million from last year’s figures.
CSFB debuts Cindi
Credit Suisse First Boston (CSFB) has launched a pair of credit default swap indexes called the Credit Indexed-Note Default Index (Cindi).
Tokyo exchange-listed 10-year rate swaps well recieved, says Tiffe
The Tokyo International Financial Futures Exchange (Tiffe) believes its 10-year interest rate swaps contracts have exceeded expectations during their first month of trading.
New Mexican options exchange to spring out of Spanish alliance
MexDer, the Mexican derivatives exchange, has struck a deal with the Spanish futures and options exchange, Meff, to develop an options exchange in Mexico.
RiskLatte launches new Asian volatility indexes
RiskLatte, a Hong Kong-based business consultancy, has developed a series of market volatility indexes for customers in Asia.
All in Accord
Basel II
SAB – the magic brew
Company focus
Bursting the bubble
Credit of the month
MMS set to debut analytics tool
Credit tech
Standing out from the crowd
Credit Risk
A clear answer to credit problems
Credit Risk
Who pulls the strings
Research
Building a better benchmark
Hedge fund indexes
Losing track?
Tracking error
A closer look at risk
Buy-side systems