Macro investors are struggling to find good trades ahead of the July 9 deadline for the Trump administration’s 90-day tariff pause, choosing instead to focus on the ‘day-to-day’.

This paper investigates procyclicality models, bringing attention to that fact that typical measures of model responsiveness are random variables and impacted ...

Two months after the ‘Liberation Day’ tariff announcements, investors continue to struggle with the risks posed by uncertain US policy and its likely economic effects.

The Canadian Derivatives Clearing Corporation (CDCC) expanded its default fund by 22.1% in the first quarter to an all-time high of C$5.3 billion ($3.8 billion). The latest surge built on previous ...

Dealers are seeing renewed hedge fund interest in the Hong Kong dollar carry trade due to the wide gap between Hong Kong and US rates, after many were stopped out on similar trades in early May.

This issue of The Journal of Risk Model Validation continues to mirror the Zeitgeist by publishing two papers on default prediction (as well as one on time-scaling challenges). I apologize to readers ...

An increasingly unpredictable economic environment leads investors to look for a wider range of products to satisfy evolving ...

In the London office of the asset manager Amundi, Anna Rosenberg spends her days trying to anticipate the actions of the world’s allies and enemies, its superpowers and its troublemakers.

On a single day in the first quarter, the hypothetical simultaneous default of Ice Clear US’s two largest clearing members would have triggered a stress loss of $1.7 billion – exceeding the clearing ...

Another significant innovation on the Execute platform is the use of auto‑pricing technology. Trades that meet preset ...

At the annual general meeting of the International Swaps and Derivatives Association last month, Sarah Breeden, the bank’s deputy governor responsible for financial stability, urged caution around the ...

Citi expects to roll out investment advisory tools powered by generative artificial intelligence (GenAI) within 12 months.