derivatives News

Brexit Boosts Amsterdam Ahead of London as Europe’s Top Stock Trading Center

Amsterdam has displaced London as Europe’s biggest share trading center after Britain left the European Union’s single market, and picked up a chunk of UK derivatives business along the way, according to data published on Thursday. Stock exchanges in the …

Simplifying Derivatives Rules Will Help Regulators Spot Systemic Risks: Industry

Regulators won’t get a clear picture of risks in the $550 trillion derivatives market until they prune trade reporting rules, a group of 13 industry bodies said on Wednesday. The collapse of Lehman Brothers bank in September 2008 left regulators …

Berkshire Hathaway Profit Falls on Derivative Losses

Warren Buffett’s ice-cream-to-insurance conglomerate Berkshire Hathaway reported a smaller profit for the second quarter on Friday as losses on derivatives dragged down results, though operating income set the new records Buffett predicted. Buffett eschews derivatives for the most part, but …

China Drafts Rules for Insurers to Raise Private Equity Stakes; Trade Derivatives

China plans to double the amount insurers can invest in private equity and allow them to trade financial derivatives both at home and abroad as part of efforts to broaden their investment scope, according to a set of draft regulations …

Are Some Insurers ‘Globally Systemic Important Financial Institutions?

A report from the Geneva Association, “Reflections on a High-Quality G-SIFI Designation Process in Insurance,” authored by Daniel Haefeli and Patrick M. Liedtke, gives some meaningful insights into the process of defining what is – and is not – a …

Insurance Fund Would Aid Farmers, Ranchers Still Owed $100M by MF Global

U.S. farmers and ranchers who had accounts with failed broker MF Global have got back the bulk of their money but are still owed about $100 million, the Chicago Mercantile Exchange indicated on Thursday after announcing a fund to help …

Berkshire Hathaway Q3 Profit Falls on Derivatives

Warren Buffett’s conglomerate Berkshire Hathaway Inc. reported a smaller third-quarter profit Friday after losing more than $2 billion on derivatives related to stock market performance. That was nearly three times what Berkshire lost on the same instruments a year ago. …

U.S. Regulators Define Swaps, What Falls Under Dodd-Frank

U.S. futures and securities regulators unveiled a crucial part of their expanded supervision of the swaps market on Wednesday, by defining what products will be covered by last year’s financial oversight legislation. The proposals provided the market some long-awaited clarity. …