Exchanges
Op risk loss exercise gets good response ahead of QIS 3
FRONT PAGE NEWS
US Airways files for Chapter 11 bankruptcy
LOSS DATABASE
The Basel II capital accord: op risk proposals in brief
BASEL II UPDATE
Artificial intelligence advances
Artificial intelligence is widely seen as more science fiction than science, a grab bag of 1960s theories that never panned out. But while computers still can’t grasp the difference between concepts such as ‘breadbox’ and ‘Chicago’, artificial…
RiskNews review
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Re-energising Nymex
In his first year as president of Nymex, Bo Collins has launched a series of ground-breaking product initiatives. Now he’s mulling credit mitigation tools for the besieged energy trading industry
FAS 133: routine or ruinous?
The Association of Finance Professionals, a 14,000-strong group of corporate treasurers and finance officials, gave Risk an exclusive look at its just-completed member survey on the implementation and consequences of FAS 133. Two years after the…
High-frequency trading: how great is the need for speed?
Just how important is speed? Risk managers and traders are weighing the value of high-frequency market data and trading technologies against their costs. Gallagher Polyn examines the debate over using high-frequency data in risk models, and profiles one…
Foraging for returns
Structured products
Australian capital/asset ratios consistent with credit ratings, says S&P
MELBOURNE – The capital to asset ratios of the four major Australian banks, as measured by credit rating agency Standard and Poor’s own approaches, are consistent with the banks’ double A ratings, S&P said today.
HEX prepares for weather derivatives launch
The Helsinki securities and derivatives exchange (HEX) will start trading weather derivatives from tomorrow.
Australia Stock Exchange to launch electricity futures
The Australian Stock Exchange (ASX) is preparing to launch its electricity peak and off-peak futures contracts on October 14.
Euronext Amsterdam early for on-screen derivatives trading
Euoronext Amsterdam believes it will have moved all Dutch futures and options onto screen-based trading by December 9 – three months ahead of schedule.
eSpeed settles patent dispute with CBOT and CME
eSpeed, a subsidiary of interdealer broker Cantor Fitzgerald and developer of electronic trading technology, has settled its lawsuit against the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT) over infringement on patented…
US single-stock futures venture lists more tradeable indexes
OneChicago, a joint venture of the three main Chicago derivatives exchanges formed in May 2001 to offer an electronic market for stock futures products in the US, has added seven 'narrow-based' equity indexes to an original eight it unveiled in March.
UK accepts large banks could use basic op risk approach
LONDON - The UK’s chief financial market watchdog said in July it accepted that a large international bank could use the basic indicator approach, the simplest of the three approaches to calculating operational risk capital charges proposed under the…
CME offers past derivatives data
The Chicago Mercantile Exchange (CME) is offering a new service called CME E-History, a fee-based service that will automate the provision of historical price data for CME futures and options for analysing price trends.
Amex and Iverson to monitor ETFs
Iverson Financial has developed a new service, Amex ETF Monitor (AEM), for the American Stock Exchange as part of a two-month-old joint partnership agreement, RIskNews ' sister publication Inside Market Data has learned. Amex ETF Monitor is a published…