Subject: VAR VAR black sheep, Basel’s got no pull, BlackRock’s AI testing’s cool

7 DAYS IN 60 SECONDS
THIS WEEK'S TOP STORIES
Regulation
Value-at-risk models face neglect due to FRTB uncertainty
Some banks delaying material upgrades until timeline to replace VAR becomes clearer
25 Feb 2025   |  Feature
Regulation
Basel uniformity fades as members defy dress code
Rule-makers diverge from Basel III standards, denting aims of comparability and fuelling fears over fair competition
26 Feb 2025   |  Feature
Markets
Everything, everywhere: 15 AI use cases in play, all at once
Research is top AI use case, best execution bottom; no use is universal, and none shunned, says survey
25 Feb 2025   |  Analysis
Regulation
CRR III hangs in the balance as member states push for changes
Top EU lawmaker rejects calls to water down capital rules, while others see room for manoeuvre
24 Feb 2025   |  News
Investing
BlackRock tests ‘quantum cognition’ AI for high-yield bond picks
Study uses Qognitive machine learning model to find liquid substitutes for hard-to-trade securities
21 Feb 2025   |  News
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STAT OF THE WEEK

Clients’ share of IRS clearing margin hit record high

The share of required initial margin in client accounts to clear interest rate swap (IRS) trades at CME Clearing, Eurex Clearing and LCH Ltd hit a record 67.7% at the end of January, CFTC data shows

QUOTE OF THE WEEK

Futures gain ground in G10 FX pricing

“In terms of available volume, as a central limit order book, I believe the futures exchanges have replaced a good majority of the old-school spot pools” – Chris Callender, Societe Generale

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