April 2012
Financial Times, “Financial reforms: Regulators aim to make ‘middle office’ a safer place,” April 13, 2012
This article by Telis Demos offers insight into regulatory risk in our evolving market environment, and features commentary by Ryan Baccus regarding the regulatory landscape in the US and Canada, as well as the impact of changing regulation on financial firms and their resulting fears.
March 2012
The Trade, Dodd-Frank takes its toll on the buy-side, March 28, 2012
This piece by Bruce Love discusses the implications of Dodd-Frank for the buy side. In it, Mark Israel explains the new requirements for reporting as well as in the clearing and collateral arena.
Derivatives Intelligence, Option Prices As A Time Machine, March 23, 2012
This contributed article by our own Fabrice Rouah examines the use of options prices, and in particular, implied volatility and risk-neutral density, to predict the future behavior of their underlying equities. The piece was featured as a “Learning Curve” derivatives tutorial in the publication and daily newsletter.
Funds Europe, RISK MANAGEMENT: Take charge of risks in-house, March 21, 2012
This article by Nik Pratt features commentary from Mark Israel on how risk management practices are changing across the buy-side. He notes that many buy-side firms are now developing risk tools in-house, which they are then supplementing with off-the-shelf products. The story accompanies Funds Europe’s survey of risk system vendors.
The Trade, A Step Into the Unknown, Oct-Dec 2011 (digital issue)
This article, featuring commentary from Aisling Grimes and Gordon McDermid, looks at how buy-side firms are preparing to be compliant with OTC derivatives clearing regulations. Aisling is quoted discussing how buy-side firms are handling regulation that is constantly shifting, and Gordon is quoted on how the changes in collateral rules will impact firms.
Wall Street & Technology, 3 Pain Points on the Road to Swaps Clearing, March (digital issue)
This article by Ivy Schmerken looks at derivatives reform, and in particular, how companies will be impacted by the central clearing mandate. Ivy quotes Phil Forkan on how companies will need to change their collateral management practices in order to be compliant under the new rules.
February 2012
Financial News, Remit leaves energy traders in the dark, February 6, 2012
This article, featuring commentary from Paul Saunders, looks at the new EU rules that are trying to reduce insider trading and market abuse in the derivatives and physical energy markets. Saunders discusses the need for pre-emptory measures to prevent this abuse.
January 2012
FX-MM, “The industry awaits further regulatory developments,” January 5, 2012
This article, featuring commentary from Aisling Grimes, looks at how firms trading FX products will deal with new regulatory requirements in 2012. Grimes discusses how buy-side firms will strike a balance between preparing for new regulations while still not over-committing investment until the rules are finalized.
Advanced Trading, “Taming the Market Data Beast,” January 30, 2012
This article, featuring commentary from Kevin Samborn, looks at the proliferation of market data and how firms can address the resulting challenges. Samborn discusses where firms obtain their data, and how they can try to integrate all of the relevant information.