Currency risk
Dollar distress
Scottish Power has announced a £400 million cash windfall through its currencyhedging programme. Others have not been so lucky – but everyone is nowwaking up to currency trading. By James Ockenden
Energy firms turn to overlay
Energy companies face a tough future over pension provisions – a problem that could well exacerbate credit deterioration. Paul Lyon finds that innovative use of currency overlay could provide some form of refuge
FiXing op risk
In a post-Rusnak era, operational risk management is a high priority. Could the Financial Information eXchange messaging standard provide a safety net?
The CLS age dawns
Introduction
Propping up returns
Proprietary trading
FiXing op risk
Technology
An integrated view
Hybrid products
Robust rho hedging
Sponsor’s statement
Continuous-linked conflict
Clearing and settlement
White-labelling systems
Liquidity outsourcing
IBM: covering all the angles
Corporate Q&A
Travelex: the one-stop currency shop
Corporate profile
How Merrill got the message
Dealer profile
Electronic platforms short circuit
E-trading
Floating towards disaster
Argentine peso risk
Towards the mainstream
Emerging forex modelling
Against the currency grain
Mexican peso modelling
Can we say goodbye to currency crises?
Currency divergency
Exotic FX pulse set to race
The forex business
Every currency counts
Overlay management
CMC becomes latest e-FX loser
Currency Management Corporation (CMC), one of the longest-serving firms in the retail and mid-market online FX trading industry, has pulled out of the US. The UK company, which carried out its first online FX trade in 1996, said this was in response to…