Derivatives

Singapore benefits from surging India derivatives demand

27 Feb 2013

After long failing to act on foreign investor complaints, Indian policy makers find themselves in an ironic bind: As global interest in Indian derivatives surges, it is Singapore, not Mumbai, that...

UK banks face big bills for mis-selling derivatives to small businesses

1 Feb 2013

The Financial Services Authority said it found serious failings in reviews of products sold by HSBC, Barclays, Royal Bank of Scotland and Lloyds Banking. The FSA looked at 173 sales to "non-...

World’s oldest bank hit by scandal amid state rescue bid

24 Jan 2013

A derivatives scandal engulfing Italy’s Banca Monte dei Paschi di Siena (BMPS) has shaken the Italian finance sector and cast a shadow over the government’s efforts to save the world’s oldest bank...

Major banks convicted in Milan fraud case

20 Dec 2012

Deutsche Bank, JP Morgan Chase, UBS and Depfa Bank have been convicted by a judge in Milan for their role in overseeing fraud by their bankers in the sale of derivatives to the city.

HKEx earnings crash21pc in tough quarter

9 Aug 2012

Hong Kong Exchanges and Clearing (HKEx), the operator of the city's stock and futures markets, expects a challenging time ahead after reporting a worse-than-expected 21 per cent profit drop in the...

Opinion

Jake Van Der Kamp

An age-old problem and the sums that just don't add up

Howard Winn

HSBC suffers the Taibbi treatment in Rolling Stone

Shirley Yam

How tycoons' IPO 'losses' may hide profits at herd's expense

Goodbaby shows mastery of risky derivatives is in its infancy

Goodbaby International, a maker of strollers and other children's products, issued a warning last week that its first-half profit would be hit by foreign-exchange losses associated with currency...

Failure is not an option

'I locked in a profit of US$1,100 in one day during the training! Thank you Mirriam - the True Guru of Financial Freedom!' - Shamsheer Ahmed, Singapore

New licences to curb OTC risks

The Securities and Futures Commission (SFC) will introduce two new licences next year to regulate investment banks conducting over-the-counter (OTC) trading and clearing as part of a global effort...

Information is a valuable commodity for sales traders

Barclays traders routinely co-ordinated with counterparts from at least four other banks in an attempt to move interest rate benchmarks, according to documents released on Wednesday by US and...

Brokers follow HKEx's lead into world of commodities

The city's stockbrokers are following Hong Kong Exchanges and Clearing into the commodities business.

But while HKEx paid a sky-high price for the London Metal Exchange, local...

HKEx in deal to buy LME for HK$16.6b

Hong Kong Exchanges and Clearing has agreed to pay GBP1.39 billion (HK$16.67 billion) for the London Metal Exchange, the world's largest metals marketplace, marking the local bourse's first...