Derivatives
169 white papers and resources
Risk Library provides derivatives white papers which consider current issues and thinking, market conditions and how derivatives can be used to their best effect. In Business, a derivative is a form of contract where its value is derived from the value of underlying assets. Derivatives can be used to both hedge risk and for speculation. The most common types of derivatives are futures, options, forwards and swaps.
The Impact of LIBOR’s Phaseout on Technology: Maneuvering Through the Curve Highway
After 2021, the UK’s FCA will no longer compel banks to use LIBOR as the benchmark for short-term interest rates. In this Q&A, James Jockle, Chief Marketing Officer and Ping Sun, Senior Vice President of Financial Engineering at Numerix discuss the true impact of LIBOR’s end on curve instruments.
Part II: The Availability of New Technologies and a Renewed Focus on Digital
It is clear that technology is affecting the derivatives industry in a multitude of ways. Part two of this whitepaper series focuses on the principal technology-driven enablers and influencers that will reshape competition in the capital markets in the years ahead.
Stochastic modelling of the loss given default (LGD) for non-defaulted assets
This paper introduces a different recovery forecasting methodology for LGD (loss given default) parameter and explores stochastic forecasting with details of how to calibrate the model.
Part I – React, Adapt and Enact: The Catalysts to Capital Markets Transformation
In Part I of this white paper series examining the dynamics and future of front office risk technology, Numerix Chief Strategy Officer and SVP of Client Services, Satyam Kancharla delivers an expert view on these drivers of change and their implications for the current and future state of the…
Collateral management in an uncertain world
This white paper assesses the scale of the collateral management challenge and considers how firms can best prepare for the future by building greater flexibility around collateral management systems and processes.
Liquidity Insights – October 2018 Employment Numbers
This white paper explores the impact of the October U.S. employment data release throughout the E-mini S&P 500 futures session, as traders worked to digest the report and understand portfolio implications.
How banks can keep pace with XVA
With budgets and resources under pressure, and traditional systems struggling to cope with data volume and complexity, this white paper considers how banks can leverage new technologies to gain a more consistent view across the trades in their portfolios, saving time and money in the process.
The Current State of XVA Adoption
This XVA forum features a panel of industry leaders assessing the major factors driving XVA adoption today.
The state of the XVA space - MVA, pre-trade challenges and more
This white paper examines the state of the XVA space. It explores how market participants are grappling with the conceptual and practical challenges of MVA, which XVAs are most important now, and how cloud-based solutions could be beneficial for XVAs.
FX market structure in flux - The future of FX derivatives markets
This white paper examines the results of a recent survey conducted by FX Week in association with LCH ForexClear. It explores the impact of the financial crisis on FX derivatives, the effectiveness of clearing, compression and optimisation tools in minimising costs, and what lies ahead for FX…