Exchanges
Prodotti quotati alla riscossa
DERIVATI QUOTATI
Going electronic
Commodities
Vexed by variance
Variance swaps
Into the tempest
Natural catastrophe risk models suggest that insurers are significantly under-capitalised. Firms are tapping the capital markets for billions of dollars in additional reinsurance capacity, but it may not be enough to avoid damaging rating downgrades…
Korea derivatives trading volumes almost double in first quarter
South Korea saw a 93.5% increase in the notional volume of derivatives trading in the first quarter of 2006. In January to March, 12,907 trillion won ($13.7 trillion) were traded, compared with 6,671 trillion won in the corresponding period last year.
Man Group snaps up 70% of Eurex US
Hedge fund manager and futures broker Man Group is to buy 70% of US Futures Exchange, formerly Eurex US, at a total cost of $58.2 million.
The Waiting Game
With the Markets in Financial Instruments Directive deadline just 16 months away, Waters sits down with Chris Pickles, chair of the MiFID Joint Working Group and manager of industry relations at BT Radianz, to gauge the industry's state of preparedness.
Tell it to the judge
With well over a year to go to implementation, the Mifid bandwagon is already rolling through investment firms across Europe, but what punishment can financial services criminals expect, if any? Peter Madigan investigates
US firms poach reg workers
NEW YORK – The securities industry firms are snatching skilled personnel from the regulatory agencies at a worrying rate, NYSE Regulation executives say.
Can SOX services be outsourced?
Companies, especially larger ones, have been grappling with Sarbanes-Oxley (SOX) for over a year now. Maturity, say analysts, has set in, and most firms, now over the learning curve, are trying to find ways to reduce the labour and cost it takes to…
Dow Jones and AIG launch commodity forward indexes
Dow Jones Indexes and AIG Financial Products have launched three new versions of the Dow Jones–AIG Commodity Index.
Trade associations slam UK regulator's proposals for benchmarking
The UK Financial Services Authority’s (FSA) proposals for using benchmarking for over-the-counter derivatives and structured products have been roundly criticised by the International Capital Market Association (ICMA), the International Swaps and…
Noble signs India emissions deal
Noble Carbon Credits, part of global supply chain manager Noble Group, has signed a series of long-term certified emission reduction (CER) contracts with India¹s Gujarat Fluorochemicals (GFL).
BGC launches property derivatives joint venture
Inter-dealer broker BGC has launched a property derivatives joint venture with Cushman & Wakefield, a US-based real estate group. The venture, called Cushman & Wakefield BGC, will provide strategic solutions and execution services across the European…
Algorithmic trading accounts for 20% of forex trades
The algorithmic trading market has mushroomed to around one-fifth of the total volume of foreign exchange trading, according to Icap, the London-based interdealer broker. Latest figures show that application programming interface (API) or 'black box'…
Market View: Igniting growth in a mature market
Special report: Focus on France
Turning up the heat
Regulation
Commit to emit
Carbon Trading
In search of STP
Trading complexity, compliance issues and increasing competition are all driving companies to improve their electronic STP processes. Eric Fishhaut takes a look at some of the latest developments