In December last year, Swiss investment firm Ram Active Investments created the genesis of what it hopes might become a new ...

The authors analyze the interest rate risk in the banking book regulations, arguing that financial institutions must develop robust models for forecasting ...

Friction-free foreign exchange is the prize offered by stablecoins such as Tether and USDC. But the prize remains elusive ...

The European Securities and Market Authority (Esma) plans to publish a supervisory briefing along with questions and answers setting out how firms should comply with an annual reporting obligation ...

Market participants have warned the Bank of England against a blanket mandatory clearing regime for gilt repo, arguing that a sweeping approach could raise costs and also fail to deliver the netting ...

CaixaBank added €9.9 billion ($11.7 billion) of structural deposit hedges in the fourth quarter of 2025, as it sought to manage net interest income (NII) sensitivity amid a pause in interest rate cuts ...

Dealers believe FX SpotStream’s entry into the US Treasury market will make a significant impact amid what they see as a continuing shift towards stream-based execution. The bank consortium-owned ...

It’s not alone in this, of course. But now, through the work of its Kinexys team – coupled with last year’s launch of its ...

Pre‑crisis, Fannie and Freddie hedged large duration mismatches by shorting Treasuries, shorting futures, paying fixed on ...

Lawyers have welcomed changes to China’s draft regulation on derivatives trading that scale back the overseas reach of the ...

The Dodd-Frank Act stress tests (DFAST) for 2026 will be based on a broadly gentler scenario than the 2025 cycle – itself a relatively lenient year that delivered record reductions in stress capital ...

Investors that dived into equity dispersion despite sky-high entry costs at the start of the year are seeing blowout returns, cementing its position as the relative value strategy of choice in an ...