Can the CFTC Execute on its Mission?
The CFTC is on a mission to migrate interest rate and credit derivatives to transparent marketplace, fulfilling a role that is similar to what the first SEC Commissioner Joseph Kennedy did in the 1930s to revive equities, writes Andrew Waxman.
Mobility's Undeniable Benefits
Mobile is becoming so pervasive that only after the mobile functionality is developed are firms thinking about how to apply that same functionality to desktop browsers.
Rebuilding Trust in Our Markets in the Year Ahead
While regulators focus their efforts on automated or manual exchange-level risk management, firms should ensure that they have proper processes in place to manage risk from their own perspective in order to avoid the pain of repeating notable — and possibly avoidable — mistakes.
Finding Alpha in the New Normal
Adapting to the new normal of the equity markets, diversifying into other asset classes, and confidently managing the risks for healthy returns can be achieved by understanding, managing and analyzing data.
Gleacher Ends Search for a Buyer; Shares Slump
Shares of Gleacher & Co Inc lost
more than a quarter of their value after the investment bank
ended its search for a potential capital infusion or a buyer and
agreed to sell its mortgage lending unit ClearPoint to Ocwen
Thomson Reuters Revenue Outlook Disappoints
revenue forecast for 2013 failed to impress Wall Street
and the shares fell 3 percent, overshadowing bullish remarks
from Chief Executive James Smith that his turnaround plan was
Canada Wealth Managers See Shift to Equities in 2013
Buoyed by rising global stock markets, Canadian asset managers
are increasingly certain that 2013 will be the year that
investors who were burned by the financial crisis make a return
to equity-linked products.
Currency Sparks Rekindling Volatility
Sudden swings in currency rates
are refiring measures of future global markets volatility,
pushing these risk gauges back towards what some will see as
more realistic and even healthier levels.
Mexico Revamps Infrastructure to Compete on the Global Stage
Latin America as a whole is demanding a lot of attention at the moment, but, argues Alice Botis, Head of Latin American Business Development at Fidessa, it’s critical to recognize the individual nuances of each country. Here, she throws the spotlight on Mexico.
Price Manipulation Risk – The Big Unknown
Despite efforts to strengthen controls, the Libor scandal and recent valuation problems with JP Morgan's "London Whale" trade point out that banks still have exposure to price manipulation risk.
Dell to Go Private in $24.4 Bln Deal
Computer maker Dell Inc will go
private in a $24.4 billion deal that also involves Microsoft
Corp and private equity firm Silver Lake, the parties
said on Tuesday.
Money Manager Franklin Profit Grows 7 percent, Shares Up
Money manager Franklin Resources Inc
, which runs the Franklin and Templeton funds, said
Friday its quarterly profit grew 7 percent, beating analysts'
expectations even as additional investments from customers
slowed to a trickle.