May 27- U.S. stock index futures were higher on Wednesday as the dollar retreated from its largest gain in two years and as worries about Greece receded. *Greece and its European creditors have also played down fears that Athens would default on a payment to the International Monetary Fund next week. *Michael Kors Holdings fell 11 percent to $53.92 after the...» Read More
A financial trading tax (FTT) planned by a group of euro zone nations could leave major banks, its main target, relatively unscathed while less nimble smaller trading houses, pension funds and asset managers bear the brunt.
Ian Axe, CEO, LCH.Clearnet explains the role of clearing houses amid growing regulation in the financial sector. He says they are like insurance companies for exchanges with regards to their trades and financial products.
Magnus Bocker, CEO, Singapore Exchange says Olam, like most Singaporean companies, has maintained a clean track record when it comes to the SGX's disclosure rules.
The Greek drama plays on and the Brazilian real crosses a line — it's time for your FX Fix.
Robert Pickel, CEO, International Swaps and Derivatives Association says that Libor reforms must be slow and deliberate as it effects many existing swap contracts.
Thought August was quiet in the market? You were right, and volumes figures prove it.
After the unveiling of Libor rate-rigging practices among banks, eyes are turning to other markets, worrying that the manipulation would not be limited to Libor rates, the New York Times reports.
Beschloss is president and CEO of The Rock Creek Group, which provides investment and advisory services to large investors and utilizes customized hedge fund and emerging market portfolios.
CNBC's Mary Thompson reports the Commodity Futures Trading Commission's vote today will have a big impact on the OTC derivatives market.
Nicholas DeBenedictis, Aqua America CEO, discusses his company's recent successful and collaborative efforts with Penn Virginia Resource Partners, known as PVR Water Services LLC.
Risk aversion lifts the dollar and Brazil and China do a deal - it's time for your FX Fix.
Hundreds of employees at big firms, some part of special teams, will be on standby this Sunday, awaiting the results of Greece’s pivotal election. The New York Times reports.
Conflicting signs are emerging in Washington over whether JPMorgan Chase’s surprise trading loss will spur tighter regulation on Wall Street, The New York Times reports.
JPMorgan’s next move depends on what happens in the credit markets. If investors become fearful about companies’ prospects , JPMorgan’s bet could face even bigger losses, The New York Times reports.
While few other banks, if any, pursue the complex strategies that led to JPMorgan’s losses, many traditional lenders regularly buy and sell securities, and make bets with derivatives, as part of their core operations, the NY Times reports.
In a conference call following this morning’s earnings announcement, JPMorgan Chase Chief Financial Officer Doug Braunstein basically laughed off the idea that a London-based trader in the bank’s chief investment office was engaging in large proprietary trades that were distorting the market in credit default swaps for investment grade corporate bonds.
House Republican attempts to blunt Dodd-Frank's regulatory requirements on derivatives would remove transparency and "allow these prices to continue to be secret," Rep. Barney Frank told CNBC Thursday.
Blythe Masters, head of global commodities at J.P. Morgan, discusses the company's strategies for commodity and derivative investments.
Japan has a trade surplus, the euro zone slows, and China sets off alarm bells in Asia - it's time for your FX Fix.
The triggering of insurance payments on Greek sovereign debt should be a "non-issue" for the markets, as they will happen in an orderly fashion, a representative of the International Swaps and Derivatives Association (ISDA) told CNBC on Monday.