Petter Kolm is a clinical full professor and director of the Mathematics in Finance master’s programme at NYU’s Courant Institute of Mathematical Sciences in New York ...

Sometimes you can have too much choice. The UK Prudential Regulation Authority wants to allow banks to choose how to implement new trading book capital rules, but not everyone is enthusiastic. Firms ...

The US market for autocallable notes could be on the verge of a critical turning point as the first exchange-traded fund referencing the instruments begins to attract assets, with at least two more ...

Standard Chartered has launched a spot crypto trading business, making it the first bank to go live with a spot crypto market-making offering for clients – though it’s unclear exactly how the firm is ...

The authors consider risk parity in portfolio trading and compare the performance of RP portfolios against traditional value- and equal-weighted portfolios, ...

Sebi unravels Jane Street’s ‘sinister’ trades US trading firm barred from Indian securities market after “disregarding” February warnings ...

Bond trading platforms are extending their portfolio trading capabilities to European government bonds in an attempt replicate the protocol’s recent success in credit markets. Bloomberg plans to offer ...

Hedge funds scale back steepener positions as risks rise Uncertainties around US Treasury issuance and timing of rate cuts see investors trim ‘consensus’ trade ...

Brain drain at OCC raises concerns about US model supervision Quant team cull will reduce capacity to validate bank models, but that could be part of the plan ...

US Basel III delay to 2026 seen as almost inevitable Reprioritisation and leadership changes cast doubts on timing of new proposals ...

The proposed model considers decision maker’s inconsistent or even random risk preferences. we relate the average randomized spectral risk measure to Kusuoka’s representation of law invariant coherent ...