Benjamin Klixball has joined non-bank market-maker IMC Trading in New York in a senior trading role.

The first quarter of 2026 roiled the derivatives portfolios of top US banks, with credit, commodity and interest rate instruments surging.

US capital proposals would entail a whopping 96% rise in derivatives counterparty risk charges. But while this potential doubling has struck fear into some in the industry, others believe it’s no big ...

In recent years, commodity market shocks – triggered by events such as Russia’s invasion of Ukraine, US tariffs and the most ...

Julien Guyon explains how bias, variance and luck affect teams in this summer’s tournament – and explores wider relevance for ...

Low tolerance and heightened threat environment combine to test banks’ limits for cyber, resilience, third-party risk ...

The future of a high-profile foreign exchange “cartel” case against six global banks is in doubt after the UK Supreme Court ...

How can distributors accelerate fund onboarding without compromising data quality? What does it take to deliver richer ...

Goldman Sachs more than doubled its holdings of long-term securities in the first quarter, bucking the broader US trend away from longer-dated assets. The bank ended Q1 with $92 billion of securities ...

Markets in recent months have offered up a reminder of the difficulty of modelling risk in private assets. Advances in ...

The concept of prediction markets long predates the sites where they now primarily unfold – Polymarket and its rival Kalshi – ...

Blockchain can curb settlement risks, but that could come at the expense of new third-party risks ...