Technology
Clearing the way
The Futures and Options Association has called on UK power market participants to come forward to help develop the market's structure. Chris Cook proposes an enterprise model that aims to overcome the obstacles to co-operation
UBS launches multistrategy commodity platform
UBS has launched an algorithmic trading platform for commodities, the UBS Commodities Portfolio Algorithmic Strategy System (Comm-PASS).
Keeping the wheels turning
When confronted with business continuity issues, energy giant E.ON used to turn to a printed manual. Now it has introduced a constantly evolving system to deal with BCP challenges. Duncan Wood investigates
Is it really alpha?
Hedge funds often characterise their mission as the pursuit of pure alpha. A growing body of research, however, argues that a significant proportion of observed hedge fund returns are really alternative beta. David Rowe considers the implications for the…
Putting backlogs up front
Equity Derivatives
Take me to your interdealer
Hedge funds
CDS portfolio trading platform hits market
Creditex launches online auction service for trading bulk CDS, named Q-Wixx, that it claims will cut costs and risk for dealers and CDO managers
Trio of vendors spearheading Basel credit risk work
SAS, SunGard, Algo lauded by Chartis
ICICI signs up to Markit for CDS price data
ICICI Bank, India’s second largest bank with assets of more than $79 billion, has signed up to Markit’s credit default swap (CDS) pricing service.
Imagine Software snares another Asia fund
Sandringham Capital, a Sydney-based long/short fund that uses derivatives, will use software provided by New York vendor Imagine Software for its portfolio and risk management requirements.
The responsive alternative...
Barclays Capital's Michael Brian explains hedge funds' nimbleness does put pressure on prime brokers to respond in kind but, as is the case with all rapidly changing industries, the cream does still rise to the top