Chidem Kurdas
Exchange-traded funds are becoming a favorite instrument for bond (more…)
Archive for the ‘Derivatives’ Category
Are ETFs the New Futures?
June 18, 2014CME High Frequency Trading Claim: Really?
April 14, 2014Chidem Kurdas
If the allegations made in the lawsuit filed April 11th by three traders against CME are true, then executives of the exchange who can be shown to be involved should face criminal charges. (more…)
Citadel Bets on Mortgage Company
October 9, 2013Chidem Kurdas
A fund managed by Citadel Group entered into an intriguing swap (more…)
JP Morgan Volatility Trade
April 4, 2013Back in 2010, a time when the extreme gyrations of (more…)
Moore Looks at Bank Liquidity
July 26, 2012Louis Bacon’s Moore Capital was among the (more…)
Margin Focus in OTC Default Risk
September 13, 2011Chidem Kurdas
When Lehman Brothers collapsed in 2008, LCH.Clearnet took over huge derivatives positions from the bankrupt bank. The clearing house successfully managed this and four other defaults, says Isabella Kurek-Smith, director and head of energy and freight markets at LCH.Clearnet. The experience demonstrated how important it is to require adequate initial margin—though some derivatives traders complain (more…)
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