With the mainstream appeal of cryptocurrencies surging in the last few years, many investors are looking to add this alternative asset class to their portfolios.  Those looking to gain exposure have two options – own the underlying asset or invest in financial products whose value is closely related to the performance of the underlying asset. …Read more

SARB Interest Rate Benchmarks: Over the last 3 years, banks across the globe have been planning and adjusting to the introduction of new Risk-Free Rates (RFRs) such as USD SOFR, EUR ESTR, and GBP SONIA. The effects of RFR reform are far-reaching, with impacts on derivative contract pricing and hedging, as well as tax and …Read more

Cryptocurrencies are never out of the news. That news lurches from woeful pessimism to exuberant optimism giving rise to substantial volatility. Elon Musk punts cryptos passionately, then retracts, then endorses them again. China cracks down heavily on crypto traders then pushes its own digital yuan. The Eurozone plans to regulate cryptocurrencies then a member of …Read more

Both economic growth and climate change are topics interconnected topics of essential significance. So, we’re taking a closer look at how climate change and economic growth intersect to understand how they impact one another.    The state of the climate in 2021  According to Ralph Keeling, head of the CO2 programme at the Scripps Institution of Oceanography, in …Read more

With technology playing a more prominent role in our lives each day, you’ve probably heard the term ‘machine learning’ thrown around – but do you know what it means or why it is important? While some of you are answering yes to these questions, there are just as many who aren’t quite sure about machine …Read more

As the future of swap clearing in South Africa remains uncertain, abroad the landscape has already shifted. CFTC regulations currently favour the trading of futures over swaps, In November the CME launched a physically settled interest rate swap future, based on the    patented contract developed by Goldman Sachs in 2007. Under current CFTC regulations, …Read more