The author proposes seven basic properties for operational risk modelling to form an operational risk management framework.

Trade of the year’ sees investors position for shrinking negative basis as Treasuries predicted to outperform swaps ...

Zyapkov’s innovative stochastic volatility model, which he calls the Gamma Clock, introduces two correlated bivariate gamma ...

Risk.net, FX Markets.com, WatersTechnology.com, Central Banking.com, PostOnline.co.uk, InsuranceAge.co.uk, RiskTechForum.com and Chartis-Research.com.

US banks recorded more trading loss days than profit days in the fourth quarter of 2024, marking the worst quarter of the year by that measure. Across 34 banks analysed by Risk Quantum, the average ...

A draft of China’s new programme trading rules has been welcomed by futures traders, who say it will clarify grey areas where high-frequency trading (HFT) could undermine some firms’ strategies.

Clearing members say changes to the LME Clear default fund calculation should lead to a more rigorous enforcement of the ...

Canadian banks saw gross impaired loans spike by 16.3% to C$30.6 billion ($21.2 billion) in the three months ending January 2025, reaching their highest level in at least five years. Allowance for ...

Foreign exchange dealers expect an increase in deal contingent foreign exchange hedging activity in 2025, in conjunction with heightened takeover deals from corporates and private equity firms in the ...

But history wasn’t done. It elbowed its way back into markets and the wider world with renewed muscularity. For the next three years, monetary dynamics meshed with geopolitics to produce, arguably, ...

The author highlights misuse of the term "robot" in banking practice and the literature, proposes the robot-labelling ...

Multi-strategy hedge funds that have scrambled to trade options on banks’ quantitative investment strategies (QIS) are increasingly switching to a delta one swap-based approach, banks report.