Top Section/Ad
Top Section/Ad
Most recent
Japanese firm plucks banker from UBS
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
The derivatives market gathered in London on Thursday night to celebrate its leading players
More articles/Ad
More articles/Ad
More articles
-
A large hedge fund snapped up a $500 million, six-month, 15 delta risk-reversal on the U.S. dollar against the yen Wednesday in London.
-
A proposal from the European Securities and Markets Authority for interoperable central counterparties to assess the need to harmonise their risk management frameworks has been tagged as unworkable by market participants. The European Multilateral Clearing Facility, SIX x-clear and LCH.Clearnet all think the proposal is not practicable.
-
Misconduct in interest rate submissions at the Royal Bank of Scotland continued into 2010, despite the firm’s management being made aware of potential misconduct related to Libor submissions, according to documents released by regulators. The firm was today fined GBP87.5 million (USD137 million) by the U.K. Financial Services Authority, USD325 million by the U.S. Commodity and Futures Trading Commission, and USD150 million by the U.S. Department of Justice for misconduct relating to Libor. -
Currency managers are seeing demand from institutional clients to hedge exposure in equities or emerging market bonds using fx options, Bernard Lock, director and head of Asia Pacific at Fx Concepts, in Singapore, told DI. The options can be a cheaper hedge than options directly referencing the underlying.
-
Barclays has set aside GBP850 million (USD1.33 billion) to compensate victims of mis-sold interest-rate swaps.
-
The Federal Reserve Bank of New York’s Payments Risk Committee has called on central counterparties to make available to members details on their risk management practices.
