DEPARTMENTS
PLAYERS
Susan Ervin
Plus: Burchett's New Checkbook … Briefly
SHORTS
ISDA Makes the World a Little Safer for Currency Deals
Plus: The Crystal Ball for 1998 … Playing Earnings Surprises … Preparing for a New Europe … Chicago Goes Electric
REGULATORY WATCH
Arthur and Brooksley Throw The Crockery
BOOK REVIEWS
Derivatives Handbook: Risk Management and Control … Black-Scholes and Beyond … Apocalypse Roulette: The Lethal World of Derivatives … Managing Financial Risk: 1998 Yearbook
COLUMNS
Did Cephalon Gamble with Call Options? |
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FEATURES
Weather Derivatives
Winter, spring, summer or fall, all you have to do is buy a call.
By Robert Hunter
Clash of the Titans
Both the CBOT and Cantor Fitzgerald want to mix cash bonds and futures. The fur is about to fly.
Bad News for Open Outcry
Recent moves by three exchanges show that the end may be closer than anybody thought.
Squeezing the Brokers
Interdealer brokers and futures commission merchants have been hit hard by the run-up to the euro, maturing markets and screen technology. Radical downsizing may be just around the corner.
By J.C. Louis
The World According to Jeffery Larsen |
