Derivatives
Naked euro currency swaps face same fate as CDSs in Germany
Germany broadens shorting ban scope
Controversial swaps legislation survives as US Senate passes bill
WASHINGTON, DC - Foreign exchange swaps and forwards counterparties are being included in new rules blocking swaps dealers and major swap participants from federal government support.
BIS: FX derivatives notionals grew slowly in late 2009
The BIS reported a small increase in total outstanding FX derivatives in the second half of 2009.
CIBC adds to corporate solutions group
TORONTO – CIBC has hired Douglas Jones as executive director in the Corporate Solutions Group (CSG) in Toronto.
Sovereign debt and LatAm-related hedging key for Spanish dealers
Spanish dealers explain how hedging related to sovereign debt issuance and Latin America will be key revenue sources in 2010
Milan derivatives fraud trial hinges on banks' sums
Technical arguments over derivatives valuation will determine the fate of the four banks facing an Italian mis-selling trial in May.
Greek woes revive seven-year old Goldman swap story
The Greek debt crisis has refocused attention on a controversial swap trade first reported by Risk in 2003. The deal, completed with Goldman Sachs in 2002, effectively allowed Greece to borrow roughly €1 billion without adding to its public debt figures…
Banks pull out of PRDC market
Dealers exit as hedging costs surge
BGC plans to open China office
Broker plans China build-out despite derivatives documentation spat
The many faces of regulatory arbitrage
Happy new year (belated)! As we enter the new year the regulatory environment remains a key issue driving development, most recently in the form of the CFTC attempting to assert its authority on the US off-exchange retail forex market.
Credit concerns grow as Chinese companies shun new documentation
China derivatives market regresses on documentation standardisation
HSBC kicks off currency options market in Bangladesh
Emerging market in derivatives build-up
Banks adopt new options-pricing practice
Interbank market builds consensus
Ten dealers sign up for India's FX CCP
CCIL soft launches with group of early adopters
GFI upgrades Fenics options pricing platform
Brokers extends options coverage
Sennik quits Credit Suisse
Credit Suisse loses top FX options trader Chetan Sennik.