The sharp swings in oil prices since the war involving Iran began have shaken financial markets and pushed some large ...

The governing agreements for a wide range of transactions, from the most basic financing arrangements to the most complex derivatives trading relationships, frequently include a “cross-default” event ...

With the 2021 sunset of LIBOR looming on the horizon, the clock is ticking for banks and derivatives market participants to prepare for the transition to risk-free rates (RFRs). Most of the discussion ...

Derivatives structurers are having a day in the sun. Higher interest rates are helping these alchemists of Wall Street to put together profitable trades across asset classes that can be pitched to ...

A derivative is a financial instrument that gains value from the performance or price of an underlying asset, such as stocks, bonds, commodities, currencies, and indices. It is set between two or more ...