Clearing
Overcoming the barriers to a CDS futures market
The long-awaited CDS futures contract from Eurex has suffered repeated setbacks. Initially planned for launch last year, it is yet to make an appearance. Sell-side inertia, documentation disputes and a booming OTC market are some of the obstacles it…
Women in credit
Credit magazine profiles 50 top-achievers working in the global credit markets today
Building a market for credit options
Calls to improve efficiency in credit options trading are intensifying as the market continues to mature. Hardeep Dhillon looks at a recent initiative by Icap which brought together market participants to discuss dealers' proposals
The value of experience
Sunil Chadda was recently installed as head of Citisoft's hedge fund and derivatives practice. Victor Anderson speaks to him about trends that he's identified since his appointment, the impact Mifid (the Markets in Financial Instruments Directive) is…
Derivatives dealers step up efforts to slash trade backlog
Industry parties unveil the next initiative in the fight to improve credit derivatives settlement
Caruana to end stint as Basel Committee chairman
Jaime Caruana will step down as chairman of the Basel Committee on Banking Supervision in July, when his six-year tenure as head of the Spanish central bank expires. A Bank for International Settlements (BIS official says the Committee plans to discuss…
Prime time
Prime brokerage
RiskNews
RiskNews
BaFin eases clearing house restrictions
BaFin, the German regulator, has removed a requirement for financial institutions to hold capital against transactions with swaps clearing counterparties – a rule that had threatened German banks' use of SwapClear.
2005 in review
The energy markets were a dynamic place to be in 2005, with high volatility and an explosion of new players hitting the scene. Inevitably, though, it wasn't all smooth sailing. Energy Risk looks back over the highs and lows of 2005, from the launch of…
Jim Toffey
Profile
The keys to CDS success
Electronic trading
Major dealers issue joint letter to Fed on credit derivatives
The New York Federal Reserve meeting with 14 major dealers on September 15 appears to have succeeded in coercing the industry into taking more concerted action to tackle the mounting problems in credit derivatives confirmation backlogs. Following the…
The keys to CDS success
Electronic trading
RiskNews
RiskNews
Playing catch-up
The back office has found it difficult to keep up with front-office trading, prompting a warning by the FSA over the level of unsigned confirmations in the credit derivatives market earlier this year. Banks are now looking to improve the automation of…
Playing catch-up
Automated settlement
Eurex to launch CDS index product
Eurex has licensed International Index Company's European iTraxx indexes in preparation for the launch of an exchange-traded contract based on the European credit default swap (CDS) index before the end of the year.
Editor's letter
Comment
Battle of the bulge The e-trading offensive
electronic trading