Exchanges
Tailoring internal models
Swiss Re's Pablo Koch Medina, Frank Krieter and Stephan Schreckenberg highlight the key features and main limitations of internal risk models for insurers.
CME and Shanghai Futures Exchange sign agreement
The Chicago Mercantile Exchange (CME) and the Shanghai Futures Exchange (SHFE) have signed an agreement to collaborate in derivatives product development, the exchanges said a statement.
GL Trade clients hit by Liffe API glitch
A software glitch that cut off some firms’ connectivity to the London International Financial Futures and Options Exchange (Liffe) late last month appears to have affected mostly clients of GL Trade, the Paris-based provider of data display and trading…
European demand for op risk talent set to surge in 2003
LONDON — Executive recruiters are seeing a strong rise in interest in hiring operational risk talent for commercial and investment banks, and dozens of fresh mandates.
Tailoring internal models
Risk models
Mark-it Partners puts it all on Red
Deutsche Bank, Goldman Sachs and JPMorgan are negotiating the sale of their credit derivatives reference entity database, Red, to UK credit risk data company Mark-it Partners.
Reliant bows out of energy trading
Houston-based Reliant Energy has exited the energy derivatives trading market as a result of an $80 million trading loss it suffered at the end of February.
Confusion over membership at WBOT continues
Dan Parker, chief executive of Atlanta-based Weather Board of Trade (WBOT), today told RiskNews that two institutions he originally named as charter members of the weather derivatives exchange never had such an agreement with the company.
Job moves
People
Diary Of A Data Center Relocation
After Sept. 11, Prudential Financial modified its disaster recovery plan. That modification involved closing its center in New York and opening one in Pennsylvania.
The SEC's E-mail Crackdown
Broker-dealers say vague wording in SEC rule 17a-4 will make compliance with the rule unnecessarily costly and burdensome.
BAE Systems: poor defence
Credit of the month
Mark-it Partners puts it all on Red
Credit tech
The beauty parade
Investment consultants
European demand for op risk talent set to surge in 2003
IMPLEMENTATION OUTLOOK
Modelling firm tackles surety bond woes
New angles
RiskNews review
RiskNews review
Goldman launches gold warrants for retail
New angles
Tailoring internal models
Insurance special – Risk models
Formation of WBOT blows off course
Atlanta-based Weather Board of Trade (WBOT) has missed its planned February 2003 launch date, and its viability has been called into a question by a number of market participants. The online weather derivatives exchange originally planned to launch in…