Opinion
Is the financialisation of commodities being reversed?
Energy industry veteran Kaminski offers a verdict - and some career advice
Getting a conviction for Hayes was the least the SFO could do
The UK Serious Fraud Office had every advantage in the prosecution of Tom Hayes – even a taped confession. The next case may not be as easy
CCP basis and the future of cleared swap pricing
Dealers predict "more granular" pricing for cleared trades, after CME-LCH basis blow-out
How to fix the leverage ratio (by a prudential regulator)
“Embarrassing … ridiculous”: unnamed regulator lets fly at leverage rules
Locking in returns using quanto structured products
Hedges required to lock in performance on constant currency terms impact product pricing
Asia Risk 20th anniversary – how the region's markets evolved
From Barings collapse to China's rise – Asia has seen a dynamic two decades
Smoothing the way
Fraught matching adjustment applications push more firms towards transitionals
Riskology: What money markets can teach hedge funds
SEC stress tests provide foresight of damaging scenarios and increase time to react
Uneven progress towards close-out netting in Asia – Isda comment
Critical risk management instrument still not available in certain jurisdictions
Chinese slump demonstrates the weakness of 'government puts'
Unquestioning trust underlies most catastrophes
EC's criticised tax blacklist 'insignificant' for hedge funds
Larger clouds loom for jurisdictions seeking third-country passport issuance
Spotting the patterns of terrorist financing
Banks must recognise weak points and likely signs of Isis funding
Greek tragedy will run and run
Bargain staves off threat of Greek exit, but does little to inspire belief in the eurozone
Energy market liquidity faces threat from regulation
Financial rules putting progress towards liquid and transparent markets at risk
Economists, like hedge fund traders, need open minds
Economists, risk managers and traders must learn the lessons of crisis, says Kaminski
Bail-in: why derivatives are in scope, but out of bounds
Analysing early termination costs - and the risks of contagion - will be tough
BoE on Lehman's lessons for bank booking structure
Complex booking practices result in "worse oversight", say BoE officials
Narrow range of index products stifles investor choice
Lack of liquid options on European mid-cap benchmarks leaves investors stuck with the blue chips
Shapley allocation for operational risk capital
Mitic from Santander UK lauds method for allocating capital between business units
Why Europe’s QE resembles a CDS trade
Minenna of Italy's market regulator warns of serious unintended consequences
The dangers of herd behaviour
Policy-makers should take note of flaws being pointed out in capital rules
Agility vs transparency: a false fight
Bank information systems are hobbled by an old trade-off
Intervention isn't needed to secure flexibility in power
Capacity mechanisms are not the right answer to renewables, says EEX’s Köhler
Asifma: OTC extraterritoriality to boost Asia's capital markets
Asifma CEO, Mark Austen, says the resultant Asia regulator co-operation will have long-term benefits