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Software
Info financiera
Mercados
Banking
Economic Data

Principales mercados

StockBanners.com

Mercados de acciones

American Stock Exchange.
Amsterdam Stock Exchange.
Deutsche Boerse.
NASDAQ Market.
NASDAQ/AMEX Other Markets Online
Nouveau Marché.
Paris Bourse.
Philadelphia Stock Exchange.
Tel Aviv Stock Exchange.
Toronto Stock Exchange.

Mortgage Markets

Fannie Mae. The #1 player in the secondary mortgage market.
Freddie Mac. The #2 player in the secondary mortgage market.

                 

Mercados emergentes

The Asian Crisis: Chronology and Other Episodes
Central Europe Online
Chronology of the Asian Currency Crisis and its Global Contagion
Emerging Markets Companion
Inside China Today
The Russia Journal.

Brokers

Intercapital brokerage.
Prebon Yamane.
Cantor, Fitzgerald.
FuturesWeb.

                        

Bolsa de futuros y opciones

Chicago Board of Trade. One of the two largest Chicago futures and options exchanges.
Chicago Mercantile Exchange. One of the two largest Chicago futures and options exchanges.
COMEXA division of the New York Mercantile Exchange.
7/28/00 Commodity Exchanges Online
Deutsche Terminbörse. The German futures and options exchange, in Frankfurt.
Eurex. "The World's Leading Derivatives Exchange." Mainly German and Swiss products. 
HKFE. Hong Kong Futures Exchange. 
KCBT. Kansas City Board of Trade.
Liffe.
Marché à Terme International de France (MATIF). The French futures and options exchange, in Paris.
NASDAQ/AMEX Other Markets Online. Links to dozens of stock exchanges and futures markets around the world.
NYMEX. New York Mercantile Exchange.
Singapore International Monetary Exchange Limited.
Sydney Futures Exchange.
Options Industry Council. Its Web site, with links to five options exchanges,
American Stock Exchange. Derivative securities index page.
Chicago Board Options Exchange. Its Web site, with free CD-ROM software.
Deutsche Terminbörse. The German futures and options exchange, in Frankfurt.
Pacific Stock Exchange. Its Web site, including price data with 20 minute delay.
Philadelpha Stock Exchange. Its Web site, including price data with 15 minute delay.
Options Clearing Corporation. Its Web site.

               

OTC Derivative Markets

Fuji Capital Markets Corporation. Online Swap Pricer. USD Libor Swap Pricing Matrix.

International Swaps and Derivatives Association. The home page and E-mail address for ISDA, a trade association for organizations involved with OTC derivatives. The site includes suggested books, monographs, etc.

Derivatives

Electrical Power and Power Derivatives

    Energy MarketsThe Derivatives 'Zine's dedicated energy page, with links and much more.

American Electric Power (AEP). A major power company.
California Energy Commission. Glossary of power project financing
California/Oregon border and Palo Verde.
Cinergy and Entergy Electricity Futures
Cinergy and Entergy Electricity Futures
Edison Electric Institute
Energy East Corp.  "An energy company doing business in New York, Massachusetts, Maine, New Hampshire and New Jersey."
Enron. Glossary of electric utility terms.
Western Farmers Electric Cooperative. Glossary of terms about the electric power.
Cinergy. A major power company.
Entergy. A major power company.
Power Company Directory.
U.S. Energy Information Administration.  
R. Maxant, R. Tanenbaum, and G. Travers, "Clarity in Understanding Electricity Contracts and their Associated Risks." 

                   

Weather derivatives

Weather Derivatives. Lots of weather links.

Accuweather. “The World’s Weather Leader.”

Environmental Dynamics Research, Inc. Brief and simple discussion of weather derivatives. Weather links, mainly for Florida.

Advanced Forecasting Corporation.

New Mexico State University.

Weatherwise.

Koch Weather Risk Management.

I-WeX.com. The first weather exchanged that is based in London. 
RainDay.com. Worldside Weather Insurance Agency Inc. offers retail weather derivatives. 

           

Credit Derivatives

  Pricing

CreditMetrics Monitor. "The Valuation of Basket Credit Derivatives," by David X. Li.
Das and Sundaram. A Direct Approach to Arbitrage-Free Pricing of Credit Derivatives.
Derivatives Strategy. Credit Derivatives Supplement.
Derivatives Week. "Pricing Credit Derivatives."
Deutsche Bank. "Deutsche Bank Successfully Closes Blue Stripe - First Synthetic CLO Transaction."
Houweling, Patrick. "The Joint Estimation of Term Structures and Credit Spreads."
Loan Pricing Corporation. The LPC Risk Rater estimates the default probability of a borrower.
Nandi, Saikat. Valuation Models for Default-Risky Securities: An Overview.
Savvysoft. "FreeCreditDerivatives.com."
Scott, Louis. "The Pricing of Default Options and Credit Derivatives."
Scott, Louis. "A Note on the Pricing of Default Swaps."
Capital Markets Risk Advisors. Frank Iacono. Credit Derivatives
Tauren, Miikka. "A Comparison of Bond Pricing Models in the Pricing of Credit Risk."
Creditex. Aims to "provide liquidity, standardization and transparency to the credit derivatives market."
CreditTrade. An online auction system for posting bids and offers. 
MorganCredit.com. J.P. Morgan's online principal market for credit derivatives. 
McDermott, Robert. "The Long-Awaited Arrival of Credit Derivatives." 
Smithson, Charles; Hal Haloppa; and Shaun Rai. CREDIT DERIVATIVES (2): A look at the market, its evolution, and current size.

  Structures

James, Jessica. "Total Return Swaps" in NetExposure.
Smithson, Charles; and Hal Haloppa. CREDIT DERIVATIVES (1): What are these youthful instruments and why are they used?

   Other

MBIA
[Richard T.] Opie & Company. Web site for credit insurance brokerage.
Tavakoli, Janet. Home page with links to description and syllabus of (largely) credit derivatives course.

                   

Credit Risk

Masters, Blythe. "Credit Derivatives and the Management of Credit Risk" in NetExposure.
BIS. Four papers guiding banks on credit risk management, plus other information.
CreditMetrics. The RiskMetrics Group's free documentation of their methodology and data. "Four-fifteen" software for sale.
CreditRisk+. CSFP's free technical documentation of their methodology in Acrobat (.pdf) format.
Federal Reserve Bank of Chicago. Final Basle Committee Paper on Internal Controls
Federal Reserve Bank of Chicago. Final Report on Internal Credit Risk Models.
Federal Reserve Board of Governors. Credit Risk Models at Major U.S. Banking Institutions: Current State of the Art and Implications for Assessments of Capital Adequacy.
Federal Reserve Board of Governors. Sound Credit Risk Management and the Use of Internal Credit Risk Ratings at Large Banking Organizations.
FSA and Bank of England. Conference on credit risk.
Gordy, Michael B.. "A Comparative Anatomy of Credit Risk Models", namely, JP Morgan's RiskMetrics vs. CSFP's CreditRisk+.
Kamakura. Credit risk modeling. Site under construction.
K.M.V. Corp. Technical papers in Acrobat (.pdf) format. Credit risk links. EDFTM in action.
Meridien research. Credit risk consulting. Reports are available to qualifying persons.
 Skora, Richard. Lots of articles. 
SSRN. "Bank Capital Requirements and Managerial Self-Interest".
Turnbull, Stuart. "The Intersection of Market and Credit Risk."
Asset Forfeiture Collection Agency. If you're a creditor who needs help collecting, get help here. 
Debt Collection Fast Facts. If you're on the receiving end of debt collection efforts, get advice here. 
eCredit.com. Make credit decisions, collect after bad decisions, and finance equipment online.
C-Bass.com. "Credit-based asset servicing and securitization."
eReorg.com. Trading loans and distressed debt.
GeoCities. Credit Risk Resources.
Institute of Credit Management. The largest professional credit management organisation in Europe. 
NetExposure. Special issue devoted to credit risk.
Partnoy, Frank. "The Siskel and Ebert of Financial Markets: Two Thumbs Down for the Credit Rating Agencies."
RiskCenter.com
Jim Rosenthal and Juan Ocampo. Securitization of Credit. John Wiley & Sons, U.S., 1988. 
Term Sheets for Local Currency Debt.
Warburg Dillon Read. "European Credit Indices." 
PETER A. WUFFLI AND DAVID A. HUNT. Fixing the credit problem. (The McKinsey Quarterly, 1993 Number 2, pp. 93—106.) A practical guide to rethinking the organization and management of a bank’s credit processes. 

                           

Methodologies

BIS. Four papers guiding banks on credit risk management, plus other information.
CreditMetrics. The RiskMetrics Group's free documentation of their methodology and data. "Four-fifteen" software for sale.
CreditRisk+. CSFP's free technical documentation of their methodology in Acrobat (.pdf) format.
Federal Reserve Bank of Chicago. Final Basle Committee Paper on Internal Controls
Federal Reserve Bank of Chicago. Final Report on Internal Credit Risk Models.
Federal Reserve Board of Governors. Credit Risk Models at Major U.S. Banking Institutions: Current State of the Art and Implications for Assessments of Capital Adequacy.
Federal Reserve Board of Governors. Sound Credit Risk Management and the Use of Internal Credit Risk Ratings at Large Banking Organizations.
FSA and Bank of England. Conference on credit risk.
Gordy, Michael B.. "A Comparative Anatomy of Credit Risk Models", namely, JP Morgan's RiskMetrics vs. CSFP's CreditRisk+.
Kamakura. Credit risk modeling. Site under construction.
K.M.V. Corp. Technical papers in Acrobat (.pdf) format. Credit risk links. EDFTM in action.
Meridien research. Credit risk consulting. Reports are available to qualifying persons.
 Skora, Richard. Lots of articles. 
SSRN. "Bank Capital Requirements and Managerial Self-Interest".
Turnbull, Stuart. "The Intersection of Market and Credit Risk."

           

Trading

Analysis

Quicken.com. Free tools for screening investments in and out. 
Morningstar.com. Tools for screening investments in and out: $9.95 per month. 
Zacks Investment Research. Research Wizard.
J.P. Morgan and Carson Group ADR Research

Investment Advice

ArmchairMillionaire. How to become a millionaire without Regis Philbin's help. 
Microsoft's MoneyCentral.com. Research Wizard. 
Motley Fool. Free investment advice. Worth every penny. 
Peter Lynch. Read every word that he ever wrote for Worth magazine.
Smartmoney.com.  SmartMoney magazine online.

Data

BigCharts.com. Chart your market data.  
Hoovers.com. Company profiles.
Quote.com. Chart your market data.  
Securities & Exchange Commission. Company data and investment basics.  
Stockpoint.com. Chart your market data.  

                              

Online trading

Ameritrade
Currency Management Corp. Online currency trading for the "little" guy.
Datek. theWhiz.com's "'Best Pick' because of a superior combination of low commissions, ease-of-use and performance."
Discovery Brokerage. You get $75 if you just open an online account with them! Wonder why?
DLJdirect. "... #1 Online Broker ..."
E*Trade. Electronic trading and mutual fund supermarket.
Electronic Share Information. Online UK brokerage.
FBR.com. Online IPOs. 
Fidelity. Financial services, including Mutual Funds Network(r) and Ultra Service Account(r).
Bank Rate Monitor. Deposit rates, if too much cash is burning a hole in your pocket. Mortgage loan rates, if you need to put a roof over your head. Special deals for Internet banking customers.
Charles Schwab. Electronic trading and mutual fund OneSource.
The Official U.S. Time. According to the U.S. Naval Observatory's atomic clock! 
Time Zone Clocks. Have your own clocks for the major markets, just like the big boys.
Vanguard. Information about Vanguard Mutual Funds.
World Online Quotes and Trading System.


RISK MANAGEMENT

Capital Markets Risk Advisors. "... a gold mine of risk management articles, presentations and speeches ..." (Derivatives Strategy, 2/00)
The RiskMetrics Group. "... a free, online course called 'Exploring Risk ..." and much more.  (DS, 2/00) 
Value at Risk Resources. "... the best web site on value-at-risk the world has ever seen."  (DS, 2/00) 
7/28/00 SAS Institute.