Derivatives
EC finalises OTC rules, leaves key technical items to Esma
Corporate hedgers claim a victory, but details on clearing eligibility and thresholds to be tackled by new authority.
Hedging activity growing in the Philippines
While authorities in the West increase derivatives regulation, the Bangko Sentral ng Pilipinas has liberalised rules governing both hedging and yield enhancement markets in the past few years. Despite the challenges in expanding penetration in a market…
NY Fed welcomes fresh round of OTC targets
Dealers promise to clear vast majority of credit and interest-rate derivatives centrally
BIS data show rebound in OTC derivatives
Notional amount of OTC derivatives trades rises by 10% in six months to June after fall in final half of last year
Central concerns
José Manuel González-Páramo, a member of the ECB’s executive board, talks to Risk about the role of the central bank and the need for greater oversight and transparency in the derivatives market
Why money still matters
Christian Noyer, the governor of the banque de France,explains why and how money retains a prominent role in monetary policy in the Eurosystem
Scorecard for the City
A recent CSFI survey asked London market participants for their views on London's competitiveness. It shows that the City still has much going for it, but it suffers from a lack of leadership.