Tabb: HFT makes up a third of OTC energy swap trading
Attention over-the-counter (OTC) energy traders who think there’s no prominent high frequency trading (HFT) presence in their section of the market.A Tabb Group research...
How much is this plain vanilla derivative in the window?
Just to be totally clear we’re talking plain vanilla derivatives like, say, interest rate swaps a bank might arrange on behalf of a company. But it seems they’ve taken...
Eurostat isn’t happy with Greece and its Goldman swap
Greece’s currency swaps with Goldman Sachs may have slipped your memory.Luckily Eurostat, in a just-published review of its methodological visits to Greece in 2010, has a quick reminder....
Hedge commodities in euros from Monday
Olivier Jakob, at Petromatrix (who we know we quote a lot, but only because he really does constantly come up with interesting points) alerts us to the fact that from Monday onwards...
Further further reading
For the commute home, where no-one criticises your fiscal policies,- More on Goldman’s bearish commodities turn.- Richard Koo talks balance sheet recessions.- A read-out from Soros’...
PDRCs, the 30-year swap spread and Japan
FT Alphaville has already cautioned about the chaotic effects the Japanese crisis is having on variance swaps. But here’s another potential (derivatives) spillover.It’s...
The where and what of regulatory arbitrage
Get the little flags at the ready: on Tuesday JP Morgan Cazenove published the final installment of its trio of reports on regulatory arbitrage.It is stirring patriotic sentiment up on Capitol Hill,...
Anglo Irish indigestion, off-balance sheet
What on earth has been going on in Anglo Irish’s derivatives book?Irish citizens might want to find out, now that they’re guaranteeing it.According to the European Commission,...
The Lehman flip [updated]
So the Lehman Bros estate has managed to clawback $500m worth of deposits from Bank of America — which means its sights are firmly set on its next legal pursuit.Bloomberg,...
The levelling-off in OTC derivatives
Fresh from the Bank for International Settlements – lots and lots of derivatives statistics.And according to the central bank’s bank, growth in the OTC derivatives...
