Trading systems
Aviation industry calls for inclusion in Copenhagen deal
Four of the world's leading airlines have today called for carbon dioxide emissions from international aviation to be included in any new global climate change deal agreed at the UN's Copenhagen Summit in December.
Fit for forex
A variety of online trading and analytics platforms are being offered by banks to their clients. Risk looks at the functionality and benefits of some of these systems. By Ryan Davidson
Lean machines
As many hedge funds close and the banking sector incurs huge losses, budgets are tight for new front and back-office systems and analytics. But banks looking to cut costs are continuing to invest in more efficient technology, while demand for better risk…
A model approach
The financial crisis has highlighted shortcomings in the use of risk management technology. The lessons are proving a useful guide towards strengthening internal risk management practices at Asian financial institutions. By Wietske Blees
JP Morgan wins Risk's derivatives house of the year award
JP Morgan has won Risk magazine's derivatives house of the year award for the second successive year. In a 12-month period that saw the collapse of Bear Stearns and Lehman Brothers, unprecedented volatility in the market and capital injections into…
Counting on the counterparty
High-profile banking failures have led to uncertainty over the ability of credit derivatives counterparties to honour their side of the trade. Contingent credit default swaps, or CCDS, are designed to mitigate this risk. But will plans for a central…
Regulatorisches Chaos
Im September führten die Aufsichtsbehörden weltweit vorübergehende Leerverkaufsregeln ein, um das Abrutschen der Bankaktienkurse aufzuhalten. In einigen Gerichtsbarkeiten wurde das Verbot inzwischen zwar aufgehoben, aber nach Einschätzung mancher Händler…
Electronic OTC commodities platform launched
Agora-X has launched an electronic communications network (ECN) for the negotiation of over-the-counter (OTC) transactions in commodity and derivative contracts.
The drive for automation
Technology vendors have long championed the benefits of automated trade processing - removing the potential for human error and eliminating the backlog of unconfirmed credit derivatives trades to name but two - and the buy-side is starting to listen…
The final frontier
Rates. FX. Treasuries. Government bonds. All asset classes that have been swift to adopt e-trading on single-dealer, proprietary systems. But credit has so far remained resistant to the idea - a situation only exacerbated by the financial crisis. Simon…
Iosco to tackle trading abuses
The International Organisation of Securities Commissions (Iosco) will crack down on "trading abuses", according to technical committee chairman Christopher Cox.
Iosco launches task forces to support G-20 aims
Global securities regulator launches three task forces to study causes of the financial crisis outlined by the G-20
G-20 principles spell increased financial regulation
World leaders issue declaration on financial markets and the world economy
G-20 backs derivatives reform
The Group of 20, which contains the world's leading developed and emerging economies, backed derivatives reform proposals in a summit hosted by US president George Bush in Washington, DC on Saturday, November 15.
CFTC petitioned to allow clearing of OTC agricultural contracts
Agora-X an electronic trading and negotiation platform for commodities, has petitioned the Commodity Futures Trading Commission (CFTC) to allow the clearing of over-the-counter (OTC) contracts in major agricultural commodities.
Bailouts fail to lift markets
The news of massive bank bailouts on both sides of the Atlantic failed to support the stock markets this morning - UK and European equities fell sharply in early trading, led by a weak financial sector.
JP Morgan launches mobile forex platform
A new proprietary e-trading platform that allows clients to access real-time executable streaming foreign exchange rates (forex) from their desktops and Blackberry devices was launched on Wednesday by JP Morgan.
SuperDerivatives recruits derivatives systems implementation expert
SuperDerivatives, a derivatives solution provider, has appointed Zohar Hod as vice-president, Strategic Sales. Based in New York, Hod will be responsible for implementing the company’s multi-asset solutions to a range of clients in the global banking and…
A long road ahead
Compliance officers are beginning to see the benefits of automation, but they're struggling to get the management buy-in they need to implement programmes effectively. Dianne See Morrison discovers how an enterprise-wide approach to risk management could…
Asia sets the pace
Technology suppliers throughout Asia are increasingly customising their technology services to meet the demands of clients in the region and exporting these techniques to Europe and the US. Against this backdrop, Thomson Reuters has overhauled Murex as…