Interesting article from Bloomberg about the history and plight of LIBOR and the complaints that market participants have levied against the indices that set values for some $360 trillion face of financial assets around the world. Primary concern to me is the fact that perceived credit quality is tied to each bank’s offered rate. Should bank Read more…
An example of why we and other swap advisors are available in the marketplace to help clients manage interest rate exposures in a cost-effective manner. (NY Times)
An interesting article from the New York Times, “A Secretive Banking Elite Rules Trading in Derivatives” on the incentive for leading banks to control the over-the-counter derivatives market and the proposed clearinghouses. Cardea Partners helps our clients combat this natural disadvantage in the marketplace and reduces the unseen fees of Read more…
An interesting article from the New York Times, “A Secretive Banking Elite Rules Trading in Derivatives” on the incentive for leading banks to control the over-the-counter derivatives market and the proposed clearinghouses. Cardea Partners helps our clients combat this natural disadvantage in the marketplace and reduces the unseen fees of Read more…
The global derivatives market could expand significantly this year, a report prepared by advisory firm TABB Group says. The company’s study, which was commissioned by the World Federation of Exchanges, estimates that $700 trillion in derivatives could be traded by the end of the year. At year-end 2009, the derivatives Read more…