Structured products
Investors ditch Bric basket plays as correlation soars
Correlation between Bric currencies has risen steadily since the onset of the crisis as investors have allocated heavily in favour of emerging markets rather than G-10 currencies
Structured products had strong finish to 2009, says Greenwich Associates
The global retail structured products market made a strong comeback at the end of last year, is poised to return to previous levels and might even grow in the near future, according to research by Greenwich Associates.
MAS lifts structured notes ban for DBS, Malayan Banking and RBS
Regulator eases controls as dealers improve risk systems
Banks pull out of PRDC market
Dealers exit as hedging costs surge
Belvisi takes structuring role at BoA ML
Bank of America ML makes key hire in FX structuring
Indonesia bans FX derivatives
JAKARTA - Indonesia's central bank moved to curb speculation on the rupiah last week, by banning banks from making loans for derivatives transactions. The regulations went into effect last Tuesday (December 16).
All change for Citi's structured products team
LONDON - Citi has announced a host of changes to its structured products business, including the appointment of Jean-Luc Bernardi as head of structuring for Europe, the Middle East and Asia (EMEA).
Risk reversals slowing down
LONDON - Risk reversals on emerging market currencies indicate a reduction in the magnitude of the sell-off compared with that over the past six months, according to Barclays Capital.
Retail FX benefits as traders go DIY
LONDON - The retail foreign exchange revolution could benefit from reduced headcounts within the financial services industry, according to Mark Davison, vice-president of pro-sales at Forex Capital Markets (FXCM).
UBS shines as CLS provider during turmoil
UBS took home the accolade for the best third-party CLS provider, in a year that has tested the model's basic premise.
Calls on low yielders overpriced
GLOBAL - Dealers report an overpricing on calls in low-yielding currencies, as investors move into less risky assets.