The Gadfly of Equity Options
Plus: ISDA's Men on the Hill...Unocal's Top Hedger.
World's Most Expensive University.
Plus: Sakura Dellsher's school of hard knocks.
SEC Cracks the Whip
The Sec's new proposal for derivatives disclosure goes beyond FAS
119. The question is: does it go too far?
Is Financial Innovation Dying?
Playing the Peso
The Merc's Peso is a big success with traders. But hedgers are still on the sidelines.
Jay Biancamano, head of derivatives compliance at Chemical Securties, explains better surveillance.
FX Options Myths
Ian H. Giddy, Senior Fellow at New York University's Stern School of Business, explains when corporates should NOT use options.
Rev Up Your Spreadsheet
The sheer number and variety of the spreadsheet add-ins on the market
create buyer confusion. Derivatives Strategy offers a guided tour of the
industry's top seven packages.
By Alex Kleiner & Michael
Insurers Play the Equity-Indexed
With margins razor thin and interest-rate risk unsettling, insurers are
creating annuities linked to equity indices. And yes, that means selling
structured derivatives to retail.
By Miriam Bensman
The World According to Ezra Zask
Interview by Joe Kolman