Exchanges
Ready for the challenge
Profile
India awaits options rules
New angles
A blend of assets
Credit/equity hybrids
People moves
People
A different class of asset
Mortgage-backed securities
Implementing a scenario-based AMA
TECHNICAL FOCUS
Databases scramble to completion
DATABASES AND MODELLING
German regulators begin industry dialogue
COVER STORY
Profile: Wachovia manages merger risk
COVER STORY
Losses and lawsuits
LOSS DATABASE
The leading stories from RiskNews
RiskNews
A clear approach to credit
Review
Basel II: Time to prepare
Basel Accord
Facing up to Basel II
Comment
Trailing expectations
South Korea
Hong Kong Futures Exchange suspends international equity derivatives trading
The Hong Kong Futures Exchange is to suspend trading of its international stock futures and options, it was announced today.
Cross-border conundrums
Credit Risk
Boston Options Exchange links up with RadianzNet
The Boston Options Exchange (Box), an electronic equity derivatives market, will use US electronic network services supplier Radianz to connect the exchange’s trading system to RadianzNet, an internet protocol-based global financial extranet.
Eurex and BOTCC in global clearing accord
Eurex, the Swiss-German derivatives exchange, has signed up the US Board of Trade Clearing Corporation (BOTCC) to clear the contracts that will be traded on the futures exchange that Eurex plans to launch early next year. BOTCC customers will have direct…
Cargill Investor Services expands into Italy
Cargill Investor Services, the futures and options broking unit of commodities trading company Cargill, has joined the Italian Derivatives Market (IDEM) - part of the Borsa Italiana - as a general clearing member.
Roundtable > Operational risk quantification: a discipline at a crossroads
Operational Risk magazine held its first European roundtable during Risk magazine's annual European congress, in Paris, on April 9.
Sponsor's article > Is 8% for all seasons?
Considering the potential pro-cyclical impact of Basel II and the limited effectiveness of countervailing influences, David Rowe concludes that making the 8% ratio of capital-to-risk-adjusted-assets a discretionary policy variable should be part of the…
The consulting conundrum
Gone are the Y2K days, when consultancies could exploit their strong positions and bill their clients big money for questionable services. The roles have been reversed for financial services firms, and consultancies are having to back up their ‘smoke and…
Exceptional Rates of Failure
With industry exception rates so high that the word exception is hardly appropriate, some firms are taking drastic steps. Among them: demanding that partners meet minimum standards to continue getting business.