Departments
Players
John Costas' New Horizons
Plus: Merc Economics 101
Shorts
JP Morgan Tackles Credit Risk
Plus: No Threat From EFPs
Regulatory Watch
Accounting Radicals In London
Plus: Gramm Takes On the SEC
Asian Notes
Does Korea Need Two Futures Exchanges?
The country's first futures exchange is struggling...and
facing new competition.
European Notes
Germany's Edgy Markets
An economy in trouble is good news for derivatives
dealers.
Exchange Notes
Tinkering with the S&P Contract
Plus: Swaps Clearing Via
London? | CBOE Eyes Mutual Fund Options | AMEX's New Year 2000 Index
Roundtable
The Professional Markets Exemption
Book Reviews
"Value at Risk" by Philippe Jorion and "Dynamic Hedging"
by Nassim Taleb
Columns
Valuation
Risk For The Mathematically Disinclined
John Blin explains what's in a covariance number.
Asset/Liability Management
Managing Bank Asset Liability Exposure
Townsend Walker explains alternatives for managing interest
rate risk. |
Features
Investors Return to Latin America
Funds are pouring in, corporate activity is at a peak and the market
for Latin American derivatives is back with a bang. By Margaret Elliott
Collateral Managers Get Respect
Collateral management is no longer an afterthought in the world of derivatives deals. It's an integral and necessary function. So treat those collateral
guys well. By Karen Spinner
The World According to Brooksley
Born |