Under Mr Seifert's stewardship, it also built strong franchises in clearing and derivatives-trading.
JPMorgan is the world's largest proprietary purchaser of financial derivatives -- precisely what the Volcker Rule sought to end.
Stock exchanges are facing a shake-up in Europe, as lawmakers establish new rules to boost competition in the derivatives-trading sector.
Over-the-counter derivatives - unregulated because they are privately negotiated between two parties - were blamed for exacerbating the financial crisis.
BBC: Davos 2013: Carney says next two years decisive for banks
The head of the Senate's powerful agriculture committee has proposed that large banks be forced to spin off their derivatives-trading units.
The private sector anticipates myriad uses for V-22 derivatives -- including executive aviation, disaster relief, medevac, short-haul transport, package express, etc.
PWG, which is taking a lead in a host of other areas, including reform of credit ratings and the derivatives-trading infrastructure.
According to Zohar Hod of SuperDerivatives, a derivatives-pricing firm, there has already been movement away from LIBOR towards using overnight index swaps to discount cash flows on certain instruments.
ECONOMIST: A financial benchmark that badly needs an overhaul
But as he sought those new opportunities his greed began to take him towards the intangible - insurance, shares, derivatives - where the seeds of his destruction were sown.
The actions on options, the actions he's taken on derivatives -- if you're an owner or a potential owner of Citigroup, it has to make you feel better about the company.
On my calculations of the asset allocation in the Church of England Funded Pensions Scheme, 84% is held in shares, property and derivatives - or what are perceived to be riskier assets.
The FTT - set at 0.1% for shares and bonds and 0.01% for derivatives - has been adopted by 11 eurozone states, including France, Germany and Spain, and aims to encourage more responsible trading by financial institutions.
Finally, it will now have a platform on which to develop trading in fast-growing derivatives and exchange-traded funds.
Duffy and Donohue argued that the two exchanges rarely competed directly, and that their chief competition wasn't other futures markets but the vastly larger markets in over-the-counter derivatives like interest-rate swaps.
The Fusion--and an array of car-based derivatives it spawned--represents Ford's strategy to climb back into the passenger car segment (in which its U.S. market share has fallen from 22% a decade ago to 14%).
We, of course, continue to lead on this area with implementation of the Dodd-Frank Act, and we're going to see continued movement from all our G20 partners on implementation in key areas, such as over-the-counter derivatives and cross-border bank resolution.
The author Louise Story argues that nine dealers dominate the clearinghouses that manage risk in the over-the-counter derivatives world and that this allows them to keep a grip on the ultra-lucrative derivatives trade, despite attempts at reform.
The Fed rigged interest rates and big government rigged the rules to unhinge the subprime-mortgage, derivatives and credit-default-swaps markets, which the banks took full advantage of, and when the balloon went up they stuck out their hands for a Big Government bailout.
Firms and investors in developing countries also need the risk-sharing derivatives developed by Anglo-Saxon finance.
Nassim Nicholas Taleb is an applied statistician and derivatives trader-turned-philosopher, and author of The Black Swan: The Impact of the Highly Improbable.
The cme Group is going up against its own customers--banks like Barclays, jpmorgan and Merrill Lynch, that is--by introducing over-the-counter derivatives, including interest-rate swaps.
The cme Group is going up against its own customers--banks like Barclays (nyse: BCS - news - people ), jpmorgan and Merrill Lynch (nyse: MER - news - people ), that is--by introducing over-the-counter derivatives, including interest-rate swaps.
The groups said in a press release that they have published the FIA-ISDA Cleared Derivatives Execution Agreement as a template that can be used by participants in the cleared swaps markets in negotiating execution-related agreements with counterparties to over-the-counter derivatives that are intended to be cleared.
FORBES: FIA and ISDA Publish Documentation for Cleared Swaps
The plan, which Buffett floated to the companies last week, would effectively give the Omaha billionaire control over the companies' good books and leave them to deal with the bad stuff: credit-derivatives exposure that threatens to swamp their over-leveraged capital bases.
It also builds on earlier proposals to rein in over-the-counter derivatives, such as credit-default swaps.
Hedge funds, private-equity firms and other parts of the shadow banking system should go, along with over-the-counter derivatives (OTCs), collateralised-debt obligations (CDOs) and other nefarious structured products.
Goldman has come under heavy fire for originating and selling tens of billions of dollars of mortgage-backed securities and derivatives to its clients--including pension funds, mutual funds, and insurance companies--and then at times shorting them.
In the Citigroup lawsuit, for example, lawyers needed to show that bank executives acted with scienter, or guilty knowledge, when they loaded the bank up with soon-to-be-worthless derivatives that were a byproduct of their mortgage-backed securities business.
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In a meeting at the New York Fed Monday afternoon, 17 commercial and investment banks joined three fund managers (including the Chicago hedge fund Citadel Investment Group) and trade groups to talk about ways of providing better disclosure of the over-the-counter derivatives market, which is part of the so-called shadow banking system.
In 2005 she was the Policy Director and Head of Government Affairs for the International Swaps and Derivatives Association, where she worked on a number of over-the-counter derivatives issues.
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