Settlement risk
CLS settles a trillion a day
NEW YORK — Continuous Linked Settlement, the new settlement service for foreign exchange, settled a record $1 trillion in FX payments on February 18.
Continuous-linked settlement: Extending to Asia
Continuous-linked settlement – the initiative designed to eliminate forex settlement risk – went live at the end of last year. But with only Australia and Japan represented in the first batch of currencies, what will CLS mean for Asia’s banks?
G-30 issues ground-breaking report
REGULATORY UPDATE
Extending to Asia
Continuous-linked settlement
Software survey 2003
Credit technology hogged the spotlight in 2002, as the spectacular collapse of a host of corporate giants combined with movement on the Basel II Accord focused everyone's attention on this class of exposures.
CLS showdown in 2003
TECHNOLOGY
Technology development of the year – CLS Bank
The Risk Awards 2003
Software survey 2003
Survey
CLS Is Live. What Next?
CLS participants breathed a huge sigh of relief when the long-awaited system launched successfully. Is anyone ready to start expanding the system to new products?
RiskNews review
The leading stories from RiskNews. For breaking news on derivatives and risk management, see www.RiskNews.net
Risk managers set to benefit from drive to address FX operational risks
Foreign exchange risk managers are waking up to new ways of addressing operational risk in the FX markets, Paul Fisher, head of the foreign exchange division at the Bank of England, told delegates at FX Week 's first congress in London this morning. As a…
Macro magic
Permal's global macro strategy has worked wonders for its FX, Financials and Futures fund.
US interest rate moves increases market activity
Managers are moving to take advantage of the current FX climate.
Citigroup, Deutsche Bank and UBS Warburg dominate FX derivatives in FX Week awards
Citigroup, Deutsche Bank and UBS Warburg led the FX forwards and FX options categories in FX Week’s awards again this year, confirming their dominance in derivatives.
First-half OTC derivatives volumes rise 15%
The value of over-the-counter derivatives notional outstandings grew to $128 trillion by June 30, up 15% from the figure at the end of last year, according to a study by the Bank for International Settlement (BIS). But much of the increase in the…
Citi to outsource e-liquidity
Citigroup has launched a unique liquidity outsourcing platform for foreign exchange, a senior forex official at Citigroup in New York told RiskNews ' sister publication FX Week .
Clients of settlement members go live today on CLS
Clients of banks that have signed up as settlement members to CLS Bank can from today have their foreign exchange transactions settled on continuous linked settlement (CLS), the system built to reduce risk in the global forex markets.
e-FX may affect liquidity and volatility, BIS says
Market participants fear the rise of electronic trading may adversely affect liquidity and volatility in the forex markets, according to the Bank for International Settlements (BIS).
FX options business booming
Banks are expanding FX options teams in London and Asia in response to increased interest in derivatives from clients, officials told RiskNews’ sister publication FX Week .
RiskNews review
September’s leading stories from RiskNews. Breaking news on derivatives and risk management, see RiskNews – www.RiskNews.net