Article ID: c57d2d3297526a20e912d3b4191fcbbde5cc444cdcb35393a2a457747b85fbc5
Source ID: regulatory:risk.net
Published At: -
Extraction Method: trafilatura
URL: https://www.risk.net/markets/7963643/how-vol-eruption-blew-up-goldman%E2%80%99s-rates-book
Body Text
The normally sleepy market for corporate derivatives improbably became the talk of Wall Street in April. Losses linked to interest rate hedges sold to corporate clients are thought to have played a part in Goldman Sach’s fixed income, currencies and commodities (Ficc) division missing earning expectations by nearly $1 billion in the first quarter – an outcome a senior rates executive at a rival Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe You are currently unable to print this content. Please contact info@risk.net to find out more. You are currently unable to copy this content. Please contact info@risk.net to find out more. Copyright Infopro Digital Limited. All rights reserved. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy. If you would like to purchase additional rights please email info@risk.net Copyright Infopro Digital Limited. All rights reserved. You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5. If you would like to purchase additional rights please email info@risk.net More on Markets Dealers split on best path to electronically hedge FX swaps IDB costs see banks eyeing Clobs and dark pools, but traders say brokers still have their charms Chinese securities houses await margin clarity from CSRC Firms still in the dark about how to exchange VM ahead of go-live in September BDC bank borrowing capacity rebounds after multi-year slide The 20 largest BDCs added $11 billion in bank commitments in Q1, despite recent scrutiny How electronic quoting could jolt gilts back to life While UK government bond market stagnates, Italy boosts on-venue trading with dealer incentives. Should London take a leaf from Rome’s bookrunners? Many Eurex accounts remain inactive as reporting deadline looms More than 80% of euro swaps clearing accounts opened by buy-side firms are yet to see any activity AI compute has a governance problem As exchanges move to launch compute futures, Vishal Gupta argues that the real test is not product innovation, but whether governance can keep pace Top quants on how AI will change some jobs and steal others Coding skills will matter less and research skills more, say quants in Risk.net straw poll How quants are getting the most out of Claude Agentic tools boost productivity by multiples, but using them takes skill
Metadata (JSON)
{
"score": 7.2425
}