Our take
Rolet is right – for now
CME/Nex deal could change the established logic on how to deliver rates market savings
Putting swaptions pricing in the fast lane
Derivatives consultant proposes a model for arbitrage-free pricing
Europe struggles to get a grip on derivatives transparency
Mifid reporting has fallen short of US swaps data, but national regulators are partly to blame
Why Asia should hold fire on replicating EU holdco rules
China and Japan should wait for outcome of US regulatory review and Brexit before retaliating
From prophets to ‘parasites’
How post-trade vendors went from problem-solvers to ‘rent-seekers’
How not to control trading behaviour
Quants show popular risk measures fail to limit risk-seeking behaviour among traders
ECL regimes a volatile brew of risk and accounting
Fed asks banks to propose a solution to address CECL-CCAR mismatch
The renewable future
The shift to solar and wind is creating new challenges
Regulatory merger keeps China on course for deleveraging
Combination of banking and insurance regulators offers opportunity to co-ordinate debt reduction measures
A Brexit financial services deal and the 12 tasks of Hammond
UK call for turbo-charged equivalence with the EU faces big hurdles
Buyer beware: the FX code has not gone far enough
New standards for currency dealers have brought some big improvements, but many practices remain hazy
Multicurve modelling is about to get more complex
Research into rates pricing is becoming more urgent given recent regulatory changes
The top 10 op risks – a field guide
Survey should be read as industrywide attempt to relay and share worries anonymously
Bitcoin’s busy month
Bitcoin could give us a safer central clearing mechanism
Waiting for Giancarlo
CFTC no-action relief to be codified, but big changes on de minimis and position limits still distant
How Asia’s structured products dodged equities sell-off
Dealers deserve praise for improved structures, greater diversification and better risk transfer
Now casting: options traders needed for disaster movie
Gamma deserves share of spotlight in volatility drama
What causes forex correlation swaps to be mispriced?
UBS quants show prices can differ by up to 25 correlation points if products modelled accurately
Banking union: big bang or damp squib?
Eurozone needs package of interrelated measures to prevent project going backwards
How energy players are reaching the limits of hedging
Commodities firms face lasting changes in 2018
Reducing noise is as important as radical change
Quants study ways to reduce noise in XVA Greeks calculations
FHLBs: safe as houses?
Health of huge bank funder rests on home loans and money market funds
The DIY approach to China bond investing
Lack of international ratings means foreign investors will need research resources of their own
‘Catching the outliers’ does not always make sense for Basel
The capital impact of Basel III on Nordic banks is disproportionate to the risks they face