Risk management
Indian corporates head for forex options markets as rupee volatility continues
Indian firms move away from using forwards in a bid to grab upside benefits of future rupee appreciation
Next economic crisis to come from pension funds
Unregulated pension fund industry will be a systemic concern
FX options initiative of the year: GFI Fenics
GFI Fenics wins the inaugural e-FX award for FX options initiative of the year in recognition of the successful launch of Fenics Trader in 2011
Diverse netting approaches create OTC headache
A lack of legal statutes over netting in several Asian countries means OTC trades could become prohibitively expensive in a post-Basel III world, potentially pushing international banks out of some markets in the region
Managing currency risk: the buy-side perspective
Saima Farooqi asked six industry experts to describe their strategies to navigate through a challenging 2012
Tail risk cheap, but few takers
Market dislocation has created attractive tail risk hedging opportunities, but demand is failing to take off, writes Joti Mangat
Dealers pitch loan format for swaps as CVA dodge
Banks are offering to replicate the economics of OTC swaps in loan format - avoiding new capital and clearing rules
Insight Investments installs interim management team for currency as Thomas leaves
Currency veteran leaves management firm
Europe’s institutional investors look to alternatives and cost-effective exposure
Institutional investors in Europe favour fixed-income and alternative assets as they continue de-risking their portfolios, with a focus on cost-effective market exposure and downside protection
Gain Capital adopts StreamBase LiveView
Real-time analytics platform will enable Gain Capital to ensure its liquidity partners are providing consistent FX prices
UBS to roll out new currency product to global clients
UBS has been granted a licence from FTSE Group to use its recently launched currency product, FTSE WPU (Wealth Preservation Unit).
Offshore renminbi bond market to take off in 2012
A maturing market combined with deregulation is sustaining demand for offshore renminbi bonds in the face of slowing RMB appreciation. Saima Farooqi reports
Solvency II highlights need for currency risk management
Solvency II is expected to impose a specific capital charge on currency mismatches between assets and liabilities for European insurers and re-insurers, bringing currency risk under the regulatory spotlight for the first time. Although FX managers are…
Spotlight on: Sven Carlsson, Ericsson Group
The head of markets at Ericsson talks to Joel Clark about the change in the telecommunications group’s treasury function and FX hedging strategy over the past 17 years, as well as his views on new regulation
FX Invest April-June now LIVE!
Read about risk-adjusting exposure to the renminbi; growth of the electronic FX options market; Solvency II and currency risk management; profiles with UK'as Financial Services Authority and Allianz Global Investors
Guidance on central bank risk management is needed, says BoE’s Fisher
The Bank for International Settlements should provide guidance on best practice for central bank risk management, says the Bank of England’s Paul Fisher
GFI soft-launches NDF risk-mitigation platform
GFI Group recently extended its ForexMatch Liquidity Swaps platform to new currency pairs, including USD/TWD and USD/CNY
Spotlight on: Damian Glendinning, Lenovo
The Chinese PC manufacturer’s group treasurer talks to Joel Clark about his role in setting up a global treasury function when Lenovo bought IBM’s PC business in 2005, and explains his belief that FX risk management should be kept as simple and…
Acquisition of Thomson Reuters risk business closes
Kondor+ product suite will now be known as Turaz, and will be 100% owned by Vista Equity Partners, with Bret Bolin as president and chief executive
Murex wins again on risk management and options pricing
The vendor has a number of new releases lined up for 2012, including a new version of its hybrid model and a new scripting language
The trick's in the tail
The Cambridge Strategy's focus on tail risk sets it apart from other asset managers. Saima Farooqi talks to its chief investment officer about emerging markets risk and reward
Read the new edition of FX Invest now!
If anyone needed any more reason to seriously think about employing a foreign exchange policy, then September should just about have done it.
Grensted parts company with LCH.Clearnet
The clearer's head of business development - and one of SwapClear's architects - left the firm on July 8
FX Invest: Implications for collateralisation under new CCP model
Saima Farooqi looks at the wave of upcoming regulations relating to central counterparty clearing, and what it means for collateral management