The Dollar Milkshake Theory – Stress Testing the Potential Impact of a Sovereign Debt and Currency Crisis
Stress Tests play an important role in improving financial stability by enhancing market discipline and transparency. Here we consider the third example of these stresses based on current market conditions and show how the risk factors can be generated along with their relevant shock examples.
Since the start of the war in Ukraine, Western nations have imposed sanctions on many Russian individuals, businesses and state-run enterprises. Stress Tests play an important role in improving financial stability by enhancing market discipline and transparency.
Stress Tests play an important role in improving financial stability by enhancing market discipline and transparency. Clients leverage TS Imagine’s flexible and powerful risk engine to stress test a variety of specific scenarios. With Americans set to commence voting early next week, markets around the globe are watching carefully. Will the midterms disrupt the Democratic legislative agenda or tip in their favor? We ran two scenarios through our stress-testing engine, gaming the potential market impacts. Please note that these are hypothetical shocks and are not a prediction of any forthcoming events.
Fixed income traders around the world are tied to their desks, as economic storm clouds gather and volatility persists. Yet, despite desks focussing on navigating tumultuous markets, the fixed income industry has been gathering at conferences around the world to discuss the future of bond trading.
New lows in financial markets, a third pandemic winter on the horizon, signs of a waning economy, an increasingly hostile geopolitical climate, and a pullback in Wall Street spend. For traders, conditions are not getting any easier, any time soon.
TS Imagine, a global leader in trading, portfolio, and risk management solutions for capital markets, today announced three executive leadership hires to support the firm’s rapid growth.
Varenne Capital, a Paris-based, process-driven, global investment manager, has selected TradeSmart OEMS, TS Imagine’s Order and Execution Management System, to support its trading activities.
There is disproportionate spending on legacy tech from the past and cutting-edge tech that might deliver an ROI in the future. The right technology partner can offer fixed income trading desks the opportunity to improve liquidity and access more venues, trading protocols, analytics, automation, productivity and intelligence.
Historical VaR (HVaR) has become a standard measurement of risk. Many firms now require a full twelve years of prices (plus data from further back such as the Great Recession of 2008–2009). However, this requirement introduces a conundrum: what do we do when a company has not been around for a full twelve years?
TS Imagine is proud to announce that we have been ranked no 1 in the Technology and Techniques category by Chartis Research in the Chartis RiskTech Buyside 50 report.
Hear from Andrew Morgan, President and Chief Revenue Officer, about the exciting journey during our first year - the alignment of the companies and products, the amazing reception we’ve had from clients and the market, and our thoughts on the future.
Fixed income veterans are all too familiar with the workflow and until recently, the vast majority of bond trades (other than for U.S. Treasuries) were traded over the phone. Although stock markets hadlong since moved away from open-outcry to electronic trading, bond traders often still rely on manual practices and phone calls to locate liquidity, interact with broker/dealers, and agree on quantities and prices to execute trades.
TS Imagine has appointed Thomas Bodenski as COO as the firm expands its executive team to support its rapid growth.
TS Imagine announces the appointment of three new board members to support the firm’s rapid growth.
TS Imagine, a global leader in trading, portfolio, and risk management solutions for capital markets, today announced strong growth during the first half of 2022.
HVaR, By Dr Lance Smith, Chief Strategy Officer, TS Imagine Historical VaR (HVaR) has become a standard measurement of risk, in which a current portfolio is subjected to the market conditions of a prior day and the resulting P&L is recorded. Read entire article here.
TS Imagine recently participated in SimCorp’s 3-day International User Community Meeting (IUCM) attracting over 500 clients from around the world. For those who were not able to attend the event, we offer this summary of the history, rationale and benefits of the TS Imagine/SimCorp alliance.
EMS integration automates historically manual processes, unlocking hard-to-find liquidity for the buyside community.
HVaR assumes that present market dynamics are captured in past behavior so what should we do when the world changes? Since Russia's invasion of Ukraine, commodity markets have entered new trading patterns and Lance Smith, TS Imagine Chief Strategy Officer explains some of the tools that can be used to help HVaR without disturbing other risk factors.