Oil prices are recovering, but for producers, consumers and even investors, some of their most difficult decisions are just beginning. Danielle Myles reports.
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As correlations break down and hard currencies stumble, corporates have been forced to reassess their approach to foreign exchange risk. More favourable accounting treatment of options could help them achieve their longer term strategies. Danielle Myles explores why.
The credit default swap market has suffered years of declining volumes, thanks to regulatory burdens and the quiet economic cycle. However, as idiosyncratic risk rises, there is a new feeling of optimism among credit traders. Can the CDS market bounce back?
The advent of swap execution facilities has not brought about the open access to trading that buy-side participants expected.
The EU has introduced a liquidity coverage ratio for banks that is noticeably weaker than its US equivalent.
The netting of swap payments against variation margin would reduce liquidity requirements in cleared transactions, according to clearing house risk expert Stephen Elliott.
Kenneth E Bentsen, the head of one of the industry's largest trade associations says international regulatory bodies need to do more to ensure coordination between national regulators on the construction and timetable of rulebooks for global derivatives markets.
Low volatility and low yields are making life tricky for structured product providers. But by broadening their range of products and by doing more to tap upcoming markets, such as Asia, they have been able to ensure they get plenty of business.