Archive: Page 2

Global FX Scandal

The thought for this post was triggered by the Foreign Exchange Committee sponsored by the Federal Reserve Bank of New York. The Committee has recently observed in its 2014 March 26th meeting that order handling, hedging, disclosure policies...

Packaged trades – The renewed focus

Packaged trades are very much in news these days. One of our readers wanted to know what these trades are and why the focus on them now. Hence this write up Packaged trades are products that provide flexibility to trade transactions. They are...

LIBOR Revisited

Do you know? When LIBOR was born? Minos Zombanakis, born 88 years ago on a Greek island, remembers well the birth of the interest rate benchmark. “I was, more or less, if you excuse the lack of modesty, the one who started the whole thing,”...

Next Level for Trade Repositories – Part II

QUANT MEASURES Size refers to the scale of activity (eg volumes) or positions (eg outstanding notional or mark-to-market amounts) in a defined population. Financial institutions with large notional or mark-to-market amounts or volumes may pose...

Next Level for Trade Repositories – Part I

Introduction In financial markets, trading means performing a transaction that involves the selling and buying of commodities, equities, fixed income securities, foreign exchange and derivative products Trade Repositories are entities are required...

Do we need any behavioural changes in banks?

The thought for this topic was provided by Ross McEvan, Chief Executive of Royal Bank of Scotland. Ross McEvan said in a commentary to UK’s Guardian newspaper “We need to change our behaviour at every level to reflect this simple truth.” This...

Financial Technology and Market Leadership

This write-up traces the financial markets, financial institutions and financial technology, the business benefits that can be reaped by financial institutions by acquiring FT – Financial Technology to achieve leadership position in the...

Systemic risks and Investment Banking

  In financial markets, the systemic risk is the risk of failure or collapse of the entire financial markets as opposed to the risk associated with any one of the asset classes, individual financial institution or group.   It can be...

Hedge Fund Industry – a stock taking

Internationally many regulations impacting operations of Hedge Fund industry cover the following major areas –          Advertising –          Broker Dealer Issues –          Principal Underwriter...

Trade Repositories under European Market Infrastructure Regulation

Trade Repositories under European Markets Infrastructure Regulation will shortly become a reality once the European Securities and Markets Authority approves the registration application made by multiple trade repository aspirants.  European...