Multi-strategy hedge funds that have scrambled to trade options on banks’ quantitative investment strategies (QIS) are increasingly switching to a delta one swap-based approach, banks report.

Clearing members say changes to the LME Clear default fund calculation should lead to a more rigorous enforcement of the ...

Capital One and UBS Americas adjusted their stressed value-at-risk (SVAR) reference periods 54 and 47 times respectively in 2024 – far more than any other bank in the US. Their combined total of 101 ...