NEW YORK, Aug 29- A year after Goldman Sachs bungled a software upgrade and lost tens of millions of dollars from unintended trades, the 12 U.S. stock options exchanges have crafted new rules for dealing with erroneous transactions, according to draft documents seen by Reuters.» Read More
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.
CNBC's Rick Santelli discusses Europe's debt problems, derivatives and building a nation through equity, not credit.
Discussing whether JPMorgan's trading loss is still on the minds of Wall Street, and CEO Jamie Dimon's position on more banking regulations, with Monica Langley, Wall Street Journal and Jesse Eisinger, ProPublica.
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.
Garry Jones, Grp Executive VP & Head of Global Derivatives, NYSE Euronext talks about investing in the derivatives market and discusses the stock exchange group's steps forward after the failed bid to merge with Deutsche Boerse.
JJ Kinahan, TD Ameritrade, shares his view on the markets.
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.
The financial system could face a test this week as industry officials debate a provision of the Greek bailout, the New York Times reports.
Despite the challenges that could be ahead, derivatives are crucial when it comes to risk management, says Ed Speal, BNP Paribas managing director, global head of GECD, Americas.
Sharing perspective into the MF Global employees trying to get their money back, with Chris Hehmeyer, HTG Capital Partners, and CNBC's Rick Santelli.
Urging investors to pay close attention to the Volatility Index, with Peter Cecchini, Cantor Fitzgerald head of institutional equity derivatives.
The governor of France’s central bank has said Britain is more deserving of losing its top-notch credit rating than France as Paris braces itself for a potential downgrade of the country’s triple A status.
Earlier this year, Deutsche Bank quietly decided to reduce its exposure to Italian government bonds. But it did not do that by simply selling debt; instead it achieved this partly by buying protection against sovereign default with credit derivatives contracts. The FT reports.
Over the weekend, Gretchen Morgenson of the New York Times penned a column explaining what it was that doomed MF Global.