Axel van Nederveen, treasurer of the European Bank for Reconstruction and Development, has retired after 30 years at the bank, including 20 years as head treasurer. He will be succeeded by Felix Green ...

Does your board really care about model risk? Not in the abstract, or in carefully scripted assurances that governance is robust and controls are strong. The better question is whether the board, and ...

Recent US dollar strengthening in response to the escalating conflict in Iran has done little to temper many investors’ ...

Futures commission merchants (FCMs) held a record $375.5 billion in customer funds for futures and options as of February 27, the day before the start of the US-Israeli war with Iran. Across 49 ...

Central counterparties (CCPs) are putting enough of their own resources on the line before losses from a defaulting member ...

An earlier draft version of the capital rules, published in July 2023, would have prevented banks from netting across different cleared Only users who have a paid subscription or are part of a ...

LCH’s ForexClear reported its highest stress losses since 2019 in the final quarter of 2025, while the share of initial ...

A reported plan for the US Treasury Department to combat rising energy prices by intervening in the oil futures market “might be a biblical disaster”, according to the head of the world’s largest ...

Institutional prediction markets are “only a matter of time”, according to Jeff Sprecher, head of Intercontinental Exchange. While he sees strong rationale for energy event contracts, the exchange has ...

National regulators in the European Union are at odds over transferring supervision of cross-border market players to the ...

CVI is an algorithm for constructing implied volatility surfaces that is framed as a convex optimisation problem. As such, it is suitable to be processed by modern optimisation solvers like CVXPY, ...

Three bank sources say the industry is requesting that the European Banking Authority delays the submission of results for a market risk benchmarking exercise, citing disruption caused by the outbreak ...