Top Stories
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The sudden bankruptcy of OW Bunker, the world’s largest shipping fuel supplier and Denmark’s third largest company by sales, in November last year shocked the equity capital markets.
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Asset managers and the funds that they manage do not present systemic risk according to a letter to the Financial Stability Oversight Council from two trade associations, and as a result, should be independently reviewed by the Securities and Exchange Commission.
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IInvestors are shifting their trading strategies from options on indices to single name stocks and exchange-traded funds on the back of pessimism regarding first quarter earnings results.
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For several years, US Federal Reserve chair Janet Yellen has insisted that there is a real difference between forecasts and insurance policies — between what we think will happen and the price we are willing to pay in case we're wrong. Many market participants have been unwilling or unable to accept that message.
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One institutional investor was seen picking up a large strangle on the Chicago Board Options Exchange volatility index as the VIX fell to its lowest level since December 2014 on Tuesday.
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The overall interest rate notionals and trades counts that were reported to swap data repositories last week increased by 22% and 35%, respectively, from the same time last year, according to data from the International Swaps and Derivatives Association.
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Active trading on central limit order books needs larger liquidity providers and better incentives for more dealers and buyside firms to actively participate, say market participants.
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The Moscow Exchange is overhauling its settlement period for Russian federal government bond (OFZ) derivatives by focusing on the automatic delivery of traded contracts.
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As part of MiFID II, the European Securities and Markets Authority is soliciting comment on debt instruments with embedded derivatives. The outcome could restrict retail customers’ access to such products.
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Eurex will launch options on Euro-Bund futures with weekly expiries in April, which will allow investors to gain short term exposure to interest rate moves and event-driven activity, experts say.
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LCH.Clearnet is replacing Gavin Wells as global head of CDSClear by promoting the product's head of in-business risk.
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As regulators begin imposing penalties for compliance transgressions in swaps markets, firms must build out their operational and reconciliation frameworks, as well as tracking the source of errors and adjusting to new problems dynamically, according to market officials.