Centralising the server

Yahoo! has been at the cutting edge of the internet revolution for the past 10 years, but its treasury risk management team has been relatively conservative in its use of derivatives. Jayne Jung talks to Yahoo! treasurer Gideon Yu

If you surf the internet, chances are you've encountered Yahoo!. On average, its websites get around 3.6 billion hits a month. In just 12 years, Yahoo! - which stands for 'yet another hierarchical officious oracle' - has grown from a small non-commercial project run by two Stanford University graduate students into a mainstay of Corporate America with a market capitalisation of around $41 billion as at August 18. Given its size, one might assume that the corporate is a big end-user of

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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