SEO News


  1. SEC gives green light to Eaton Vance’s active ETMFs

    Under the NAV-based trading model, the product will trade throughout the day at a small premium or discount around the NAV, as determined by trading costs. US SEC exempts exchange-traded managed funds from disclosure protocols

  2. Looking back: El Niño boosts weather derivatives

    The appearance this year of the El Niño weather pattern, the periodic warming of the tropical Pacific Ocean by a few degrees, is leading to a burst of interest in weather derivatives – financial contracts designed to protect company profits from...

  3. Smart beta indexes gain currency with Asian investors

    Dealers say that the costs between the two formats are similar and the choice between the two is down to the client with some clients preferring swaps that make it simple to achieve leverage and also make it easier to create unfunded solutions.

  4. "Europeans are the problem" in CCP oversight standoff

    Although some clearing houses have warned that the costs of any increase in CCP capital would have to be passed on to FCMs already struggling under the weight of Basel III capital charges, panellists were surprisingly receptive to the idea.

  5. Dealers fret over NSFR impact on equities

    There is no exemption for default fund contributions related to client trades, meaning large client clearing businesses will require more funding, increasing costs on a business already under considerable pressure.

  6. Netting problems will restrict pension funds, FCMs warn

    FCMs say they are not yet passing the extra costs onto clients, but one has reduced clearing limits for its clients to help manage the impact; another claims to be considering similar action. Some on the buy side see the issue as posturing by...

  7. UBS offers bankruptcy remoteness and white-labelling twist

    Clients would generally have the opinion that implied vol tends to trade rich compared to subsequent realised, but to trade involves the operational complexity of posting margins, rebalancing delta hedges and paying transaction costs.

  8. BAML increases inflation market share

    This will lower the costs, given there is no overlap on risk for the new and existing bank up until the break date. Bank of America wins inflation house of the year award Bank of America Merrill Lynch (BAML) has maintained its commitment to...

  9. Network investment works for Raiffeisen Centrobank in CEE

    Raiffeisen Centrobank is facing growing competition in individual countries, but having invested heavily to build a strong network right across the central and eastern Europe (CEE) region, it can spread the costs of its structuring team based in...

  10. HVB wins with placements and self-directed products

    Being able to spread operating and IT costs across different distribution channels is a clear advantage for HVB, as well as other major German providers in contrast to the pure public distribution practiced by many foreign banks, where market...

  11. US bilateral margin rules: a hit parade of horrors

    That may mean we are forced to post when trading between affiliates, increasing some costs significantly without really reducing that much risk," says the US dealer. The additional costs may discourage banks from hedging risk internally, says...

  12. AIFMD: hedge funds reported to be struggling with reporting

    Although these costs may be charged to the fund entity, it will impact the net asset value performance numbers and may lead to further challenges in raising capital. Many hedge funds will struggle with submitting their first Annex IV reports to...

  13. The secrets of successful energy trading firms

    The beneficiaries would be large energy firms with a strong balance sheet that could afford the heavy costs of compliance, including the additional work needed on IT systems, for instance. The future traders – those that occupy the majority of the...