In his paper, Kienitz shows Gaussian mixture models ( GMM s) – a machine learning technique that has been used to fit complex ...

Risk managers and clearing brokers fear the move to 24-hour stock trading will give them sleepless nights, literally, with questions swirling around how settlement fails, margin calls and possibly ...

Australia’s four largest banks held A$36.7 billion ($23.6 billion) in Additional Tier 1 (AT1) capital as of March 31, in the first public disclosure since the Australian Prudential Regulation ...

The Commodity Futures Trading Commission is shedding commissioners as the agency prepares for a change of chair to Brian Quintenz, the Trump nominee set to replace Biden-appointed Rostin Benham, who ...

UBS has so far focused this particular smart beta strategy on indexes that are owned and managed by S&P Global, such as the S&P 500. The investment house is currently working to embed Nasdaq indexes ...

The first mid-year recalibration of the standard initial margin model under a new semi-annual regime will trigger a ...

Required initial margin for cleared interest rate swaps (IRSs), futures and credit default swaps (CDSs) surged by $51.4 billion in April – the biggest monthly increase since March 2022 – amid ...

Amid mounting geopolitical volatility, regulatory scrutiny and proliferating IT and cyber risks, financial market infrastructures (FMIs) are being pushed to revisit how they prepare for ...

As European banks seek to diversify from US cloud hyperscalers, a supermarket group is becoming an unlikely new supplier ...

The volatility in US Treasury markets after president Donald Trump’s tariff announcements in April may have given risk managers sleepless nights, but it was also an opportunity for bank lobbyists to ...

The US Federal Reserve has agreed to fully disclose its stress test models and introduce a suite of transparency measures by ...

European Commission officials are considering whether to delay up to 122 legislative acts, as a way to cut compliance costs for the EU’s financial sector.