Securities Derivatives

  • Sen. Chuch Schumer

    It looks like Senators Charles Schumer and Kirsten Gillibrand have come back into the Wall Street fold.

  • NASDAQ MarketSite Tower, Times Square, New York, NY

    Deal-making by both the London Stock Exchange (LSE) and Nasdaq-OMX hit snags this week on concerns over sovereignty and competition, leaving room for speculation that Nasdaq will now bid for the LSE.

  • The Federal Reserve headquarters in Washington, DC.

    Wall Street banks are warning they may have to cede much of the European derivatives market to the likes of Deutsche Bank  and Barclays Capital if US regulators follow through on proposals to apply new regulations extraterritorially, the FT reports.

  • The Goldman Sachs booth on the floor of the New York Stock Exchange

    Conflicts of interest, excessive risk-taking and failures of government oversight triggered the financial crisis and helped push the country into the deepest recession since the Great Depression, concludes a new report by the U.S. Senate.

  • The European Central Bank decides to keep interest rates at the low, low rate of 1%, but hints that could change as early as April. Meanwhile, in China, a central bank governor predicts the yuan will become a reserve currency. Your daily FX fix, right here.

  • Wheat field

    Top European Union officials will on Wednesday call for curbs on derivatives markets and greater use of trade policy to reduce volatility in commodity prices and improve the bloc’s access to key raw materials.

  • Previously, when I gushed about the page before, the section only listed the CDS prices for the PIIGS. Now we've added a whole bunch more.

  • Another big snowstorm is predicted for the Northeast this week, so can you profit from it? The answer is yes, according to Jeff Hodgson, president of Chicago Weather Brokerage, part of the CME Group.

  • It's time to wonder if the decades long war by the government that has allegedly been waged in favor of making financial products and services more competitive might have been a mistake.

  • Bank of America flag

    U.S. Bank, the largest subsidiary of U.S. Bancorp, will acquire the U.S. and European securitization trust administration businesses of Bank of America, the company announced Monday.

  • 080808_berkshire_earnings_central.jpg

    Warren Buffett's Berkshire Hathaway reports a 35.6 percent surge in operating profits for its third quarter, with "major contributor" Burlington Northern getting a lot of the credit.  That's similar to the company's second quarter, when Burlington was also cited as a "major contributor" to that period's 73 percent earnings jump.

  • 080808_berkshire_earnings_central.jpg

    Look for gains when Warren Buffett's Berkshire Hathaway reports third quarter earnings after the bell rings on today's (Friday) Wall Street trading session.

  • U.S. Sen. Blanche Lincoln (D-AR)

    The hard fought battle last summer over derivatives regulation reform may be about to be replayed—but this time one of the strongest proponents of stricter legislation will be absent on the field of battle.

  • CHina Stocks

    China’s commodities exchanges do not yet play a global role and they are limited by laws banning foreign participation as well as China’s renminbi capital controls. The FT reports.

  • dollar_won_currency.jpg

    Hundreds of South Korea’s small and midsized exporters have threatened to boycott a number of significant foreign-owned banks after they suffered heavy losses from currency derivative investments. The FT reports.

  • NYSE trader

    When Capitol Hill set out to force derivatives onto exchanges, lawmakers carved out a broad exemption for so-called "end users" — non-financial companies seeking to hedge their exposure to fluctuations in currencies, commitments and interest rates. An ambiguity in the Dodd-Frank financial reforms, however, threatens to undermine the end-user exemption

  • New York Stock Exchange trader

    We were curious about how market participants would react to our idea that requiring swaps to trade through exchanges would invite dreaded high frequency traders into the market.

  • In a scathing criticism of the Obama administration, Home Depot co-founder Bernie Marcus told CNBC Friday that Treasury Secretary Geithner should have a reality-TV show about small business, because it would illustrate how out of touch the Obama administration is with the private sector.

  • Traders work on the floor of the New York Stock Exchange.

    The European Union's proposals to revamp the derivatives sector are actually likely to benefit the banks that are already too big to fail, risk consultant Satyajit Das told CNBC Thursday.

  • These hotshots aren't household names. Until recently, they've shunned the limelight.