The study of so-called market impact – how an investor’s trades move market prices – is a field Neil Chriss knows well. He ...
As ailing US corporates have struggled to service post-crisis loans, the prevalence of cov-lite lending has helped let creditors carve up distressed debt and sometimes cut other lenders out of the ...
As the counting unfolds in the presidential election, it’s not just US-headquartered banks that are wondering about the fate ...
Standard Chartered’s market risk-weighted assets (RWAs) rose by 11.5% in the third quarter, reaching $30.6 billion – the bank’s highest level since at least 2016. The latest figure marked a 20.8% ...
Hedge funds that used exotic foreign exchange derivatives to buy cheap forward exposure to volatility around the US ...
Oomen and Muhle-Karbe compared Refinitiv’s WM/R with two other less-established benchmarks: Bloomberg’s BFIX, which is also calculated over a five-minute fixing window; and Siren, with a 20-minute ...
Fearing another round of rapid increases in inflation, several European corporates are hoping to hedge the inflation risk ...
TCA is more than a post-trade exercise for best execution requirements – it is also a pre-trade tool to inform on how to ...
Hedge funds that bought foreign exchange options in a bet on increased volatility around the US presidential election have largely unwound their positions, sending vol levels sliding across several ...
More banks are looking to offer sponsored access to European repo clearing at Eurex, even before repo trades become part of ...
Valley National Bank reported $120.3 million in past-due commercial real estate (CRE) loans in the third quarter, up from just $6.1 million three months earlier and the highest amount since at least ...
As banks raced to invest in deploying advanced electronic trading offerings for foreign exchange, Bank of America was, by its ...