Trading systems
Credit model meltdown
Dealers are trading increasingly high volumes of bespoke tranches of synthetic credit risk with each other, yet there still appears to be little consensus on the application of credit models. Is there a danger the house of cards may come tumbling down?
Markit and Calypso join forces to speed up trade confirmations
London-based data provider Markit and San Francisco capital markets trading software company Calypso have announced that the US-based company will integrate Markit Trade Processing into its software platform.
The MiFID Threat
Thanks to compliance, many of the European Union’s smaller exchanges now face fresh competition.
Barclays Capital launches online bookbuilding for structured products
UK investment bank Barclays Capital has launched a multi-asset class bookbuilding facility for its BARX for Investor Solutions trading platform.
BarCap begins online book-building for structured products
Barclays Capital has launched online book-building on equity structured note issues.
Hedge funds' biggest IT hurdle...
tete à tete: information technology
The way forward for Asian FX
special report: asia
Hedge funds - Prime time
South Africa
Hedge fund technologies
Energy markets continue to attract hedge funds - but, as recent high profile losses have shown, operating in them is challenging. Having the right trading and risk management IT is essential. Stewart Eisenhart reports
Risk management for LDCs
US Gas Distribution Companies, long experienced in managing volumetric risk, now face market risk, high commodity prices and credit risk. Matthew Frye looks at strategies to model these risks in aggregate
Which STP service is the best fit for you?
Plugging in to STP
Enterprise 2.0: the next generation
A growing number of banks are using Web 2.0 technologies within their risk management, trading and research operations. Clive Davidson looks at how blogs, wikis and podcasts are being applied by financial services companies
The arrogance of hindsight
Some governments are reportedly becoming more active in using derivatives to manage their debt and funding costs. While arguably quite sensible, public distrust and sensationalist journalism present special dangers, argues David Rowe
A successor to VAR?
Regulators may be pressing banks to more rigorously stress test their portfolios, but when it comes to how hedge funds apply the technique, debate remains as to how and what they should be testing. John Ferry reports
Barclays adds functions to Barx for FX
Barclays Capital has added new functions to its Barx for FX trading platform.
BarCap and Integral develop FX trading system
Barclays Capital and Integral, the Mountain View-based foreign exchange systems vendor, are developing a new product aimed at regional banks and brokers.
A successor to VAR?
Strees Testing
Convertibles are back in fashion ... but how can they avoid the pitfalls of the past?
Convertible bonds are back on investors' radars after an overvalued market imploded early last year. But how sustainable is the recovery - and how can it avoid repeating the pattern of the last bloodbath? Jean-Paul Carbonnier investigates
Calypso launches ERS module
Compliance tools
CMC adopts SunGard network
Compliance tools
Software vendors show their strengths
Inaugural technology survey
From legacy to leading edge
Front Arena