Derivatives
Real Estate as a Tradeable Asset Class Faces Data Hurdles
The value of real estate markets dwarfs other asset classes, but a lack of data has hindered its development. Part 1 of a 2-part series.
Machine Learning Takes Aim at Black-Scholes
Quants are embracing the idea of ‘model-free’ pricing and deep hedging.
People Moves: Crux, Templum, Itiviti, CFTC
A look at some of the key "people moves" over the past week, including Asif Alam (pictured), who joins Crux Informatics.
People Moves: Baton, SEC, CFTC, Instinet, GAM, Ultumus
A look at some of the key "people moves" from 6/29-7/2, including Andres Choussy (pictured), who recently joined Baton.
Scotiabank Turns to Cloud GPUs for Risk Calculations
The Canadian bank has significantly improved the time it takes to run XVA calculations, and has big plans to further expand its XVA cloud GPU program.
Aquis Plans Tech Transformation at NEX Exchange
License to list allows Aquis to challenge established players like LSE as it makes plans to introduce a “hybrid model” for trading.
UBS’s Data Lake for Regulation Pays Dividends
Waters Europe: Data requirements are driving better data for consumption across the bank.
Desktop App Interoperability: On the Front Lines with RBC and OpenFin
Anthony Malakian spent several weeks with RBC Capital Markets and OpenFin to see how desktop app interoperability works in motion.
As Blockchain Projects Sputter, Capital Markets Firms are Having Second Thoughts
WatersTechnology examines some of the disillusionment permeating the capital markets when it comes to blockchain.
The KYC Headache Worsens: An Examination of the Onboarding Process
Despite technological advancements, the onboarding process is still a slog. Banks and vendors are trying to change that.
Warrants Issuers Battle Algo Predators in Hong Kong
The threat of high-frequency traders have forced banks to spend big on tech.
Could CFTC Bring Back Reg AT?
The CFTC's new chair could reopen the controversial algo-trading rules—if he gets time.
Using APIs to Increase Efficiency
FpML has been a key enabler of automation in the derivatives industry, but its value could be further enhanced by providing value-added web services with open connectivity.
JP Morgan Turns to Machine Learning for Options Hedging
These new models sidestep Black-Scholes and could slash hedging costs for some derivatives by up to 80%.
ISDA Deploys Reporting Blueprint for Derivatives Markets
ISDA's Common Domain Model (CDM. 2.0) aims to standarize regulatory reporting and bring greater automation to derivatives trading.
Tackling China’s Onshore Bond Market
An on-the-ground look at China's growing bond market and the challenges that remain for foreign investors.
How Bloomberg’s Failed FIGI Vote Reveals a Substandard Standards Process
A failed ballot for a Bloomberg-backed identifier reveals the enormous consequences of industry tendencies toward complacency and cost-cutting.
Blockchain Investments Survive the Crypto Winter
Investments into blockchain have continued to grow despite the crypto winter and the downfall of ICOs. VC investors are banking on their belief that blockchain will ultimately offer transformation across many industries,.
ParFX Plans Push into Derivatives
The trading platform has snapped up a MIC code as it ponders whether the growing market segment needs a ParFX model.
Digital Asset and Isda Create Rosetta Stone for Derivatives Smart Contracts
The event specification module will allow for a common DAML library that references machine-executable trade lifecycle events.
OpenGamma Raises $10 Million for Expansion
OpenGamma looks to release more products in the next 18 months and expand in US and Asia.
Safe as Houses
If you want the definition of a circular argument, talk to anyone involved with clearing about resilience and recovery. But more pernicious risks remain unaddressed.
Leading Swap Dealers Join DTCC-Euroclear Margin Transit Utility
DTCC can now focus on expanding coverage of the MTU with the addition of leading dealers.
Crypto at the Crossroads as Exchanges Weigh Traditional Market Structures
Questions of price discovery and centralized infrastructure point to an asset class that may have to lose its rebellious luster to become more widely accepted.