It May Look Like Icarus But the Wings Have Not Fallen Off Yet!
February 2, 2009
Swedbank Sees Deeper Economic Contraction, Risk of Deflation in Baltics | www.bloomberg.com
The Baltic economies are facing incredible challenges. However, their size and flexibility cannot be under-estimated.
December 5, 2008
Hedge Fund Manager Hendry Bets on Deflation With U.K. War Loans | www.bloomberg.com
The perpetuals in the UK Gilt market have long been sleepy but have an intriguing habit of coming alive once a generation or thereabouts to provide a wonderful trading opportunity.
The Department Store Versus the One Product Wonder?
December 5, 2008
London Stock Exchange loses trade to rivals | business.timesonline.co.uk
In many respects the market share drop in LSE's usual markets is alarming. At the same time, the beneficial impacts of MiFiD are actually being enjoyed by all exchanges - even those losing market share! However, the key problem for LSE remains its rather narrow product range, never minding its ongoing high cost basis compared to arriviste rivals.
Debt Worries Will Chill Brokerage Investors
December 2, 2008
IG’s value plummets by 27% after spread bets on bank shares cause £12m of bad debts in one month | business.timesonline.co.uk
Debt issues often follow major periods of market volatility and all brokers with activities in leveraged products have some degree of risk. With market confidence fragile in the wake of various risk management issues in the brokerage world this year, investors are going to remain very nervous about companies in this sector, particularly those with a principal risk of any kind.
Where MF Global Went, Will Man Follow?
November 17, 2008
Man Group stocks slump on shock performance | business.timesonline.co.uk
Man Group is suffering a lack of investor confidence that may not be unrelated to the aftermath of the somewhat disastrous first listed year of its MF Global subsidiary.
November 17, 2008
Bank of Ireland scraps dividend as profits fall | business.timesonline.co.uk
Bank of Ireland is in a mess and has been working hard to counteract a huge property bubble
Risk Transfer Is A Wondrous Thing!
November 17, 2008
Derivatives:Giving Credit Where It is Due | www.economist.com
CDS trading is a very useful tool for risk transfer. However, the fundamental precept of building houses on weak foundations or muddy ground remains an issue. There is a future for the marketplace without needing to resort to bans or major restrictions. A sound (and ideally open) CCP regime is a pre-requisite for the future of the marketplace.
The Perils of A Single Product Line
November 17, 2008
LSE shares dive after cancelling buyback | business.timesonline.co.uk
LSE has significant issues in dealing with competition Lack of a significant derivatives platform leaves the exchange with a relative lack of options.
July 29, 2008
Regulation of rating agencies is no panacea | www.ft.com
The idea of regulation for ratings agencies can appear a seductive panacea but it is riddled with dangerous implications...
A Processing Giant Assessing Its Futures Future in a World of Turmoil
April 4, 2008
MF Global considers financing options | www.reuters.com
MF Global is one of the key players in the global exchange traded derivatives (ETD) brokerage industry with the power to make and potentially, to break, markets, leading to some fascinating -and very significant- political dynamics within the industry. MF Global has been stung by recent activity on the rumour mill as well as its own frank admission of a risk system failure that cost it dearly. MF Global has a massive opportunity but knows it must work hard to ensure its reputation is whiter than white - particularly as some of its acquisitions have included key elements of the tarnished Refco name etc.
E-Insurance: When will the insurance industry adopt modern communication tools?
February 14, 2012
ATMs could distribute prepaid Visa cards
January 23, 2012
PayPal can thrive as a standalone company
January 9, 2012
Europe's CO2 Emissions Trading System works, but it can be improved
December 16, 2011
European women wonder why their insurance premiums will increase
December 15, 2011