Exchanges
CESR publishes consultation paper on the passport under MiFID
CESR has published a consultation paper on the passport under MiFID that sets out proposals for a common approach to the notification procedures
CME to list electronic FX options on Monday
The Chicago Mercantile Exchange plans to offer nine American-style foreign exchange options for trading on its Globex electronic trading platform from Monday, December 18.
FASB suggests more in-depth derivatives reporting
The US Financial Accounting Standards Board (FASB) has issued a proposal for more rigorous reporting of derivatives in financial statements.
Singapore Exchange to license Topix indexes
The Tokyo Stock Exchange (TSE) has agreed to license Topix-related indexes to the Singapore Stock Exchange (SGX) to create derivatives and exchange-traded fund products.
Nybot members support Ice merger
Members of the New York Board of Trade (Nybot) have voted overwhelmingly in favour of a proposed merger with IntercontinentalExchange (Ice).
Hong Kong exchange re-appoints chief, sets out strategic plan
Hong Kong Exchanges and Clearing (HKEx) today renewed Paul Chow’s contract as chief executive for a further two-year term from May 1, 2007 to April 30, 2009. The move follows the exchange’s announcement last Thursday (December 7) of its strategic plan…
FASB suggests more in-depth derivatives reporting
The US Financial Accounting Standards Board (FASB) has issued a proposal for more rigorous reporting of derivatives in financial statements.
CEIOPS out with Quantitative Impact Study 2 Report
CEIOPS has published its second Quantitative Impact Study, QIS2.
Citigroup launches Islamic finance products in Singapore
Citigroup in Singapore has launched commodity murabaha investments denominated in the US dollar, euro, pound sterling and Singapore dollar, the first such products launched in the city state since the Monetary Authority of Singapore approved the sale of…
US options volume may break two billion in 2006
The Chicago-based Options Industry Council (OIC) has reported both total US options volume and average daily US options volume have increased by 36%.
Montréal Exchange listing without offering in 2007
The Montréal Exchange has announced it will list its shares without an offering in March or April next year.
Passport to Portugal
Country Profile
Liquidity's new routes
Listed Options
Lessons learnt
This year was one of unprecedented volatility for energy markets, yet it also marked a step-change in market maturity. Energy Risk asked some key players what they see as the defining events of 2006 and how they will affect behaviour in 2007. By Stella…
The cruellest month
The impacts stemming from volatility in natural gas futures contract spreads – in particular the effects of seasonality on the March-April spread – have been seen in the recent dramatic losses by major hedge funds. Daven Voorhies explores some of the…
Changes at intra-day
Nord Pool and the European Energy Exchange are going head-to-head in an effort to deliver intra-day trading to Germany's power market. Oliver Holtaway investigates
Urge to merge
The landscape for US commodity exchanges is undergoing considerable change, with many heavyweight names announcing mergers or new co-operations. David Watkins looks at what this will mean for energy trading
More than just talking about the weather
Energy Risk launched the Environmental Risk brand on October 17, with an e-symposium on the weather risk market, which attracted over 500 online delegates. A range of other online conferences on emissions and renewables will follow
Food for fuel
In part II of our investigation into the attraction of 'cleantech' investment, Catherine Lacoursière looks at the growth of biofuel plants, and asks: does the world have enough feedstock to power them?
iTraxx launches leveraged loan cds indices
The two new indices, LevX Senior and LevX Subordinated, which began trading at the start of November, are referenced to a basket of 35 European leveraged loans
The tools investors use to price securitisations
Evaluating ABS
Jilted Argentina bondholders appeal to World Bank in final throw of the dice
Creditors holding $20 billion in defaulted Argentina bonds are taking their case to the World Bank in an effort to force the sovereign to pay up, or at least return to the negotiating table
A covenant for change
A sharp rise in LBO risk - thanks mainly to private equity funds' groaning warchests - has forced credit investors to look to protect themselves by pressurising issuers to include more robust covenant language in their offerings. So does this mean that…