Dr Maryam Alhalboni, School for Business and Society, University of York, explores how procedural policy clarity enables markets to act on climate-related information, showing why disclosure alone is not enough to support effective capital allocation.

Rama Kumanduri, Managing Director, and Shahrzad Karimi, Director, at The OCC explain how a new factor-based, forward-looking approach to CCP backtesting helps identify the true drivers of margin model failures.

Tomaž Fleischman, Principal Scientist & Co-Founder, and Ethan Buchman, CEO and Co-Founder, of Cycles Protocol SA, outline a new way to free up trapped liquidity by safely netting obligations across different clearing systems.

Fernando Cerezetti, Chief Risk Officer, ClearToken CCP Limited, looks at why traditional VaR may be missing risks in today’s more complex CCP portfolios and how a different approach could help spot them sooner.

Rohit Barve, Deputy Manager, Dr. Aniket Bhanu, Vice President, and Rejaul Barbhuyan, Chief Manager, Risk and Data, NSE Clearing Ltd., outline the findings of their WFEClear research paper on option price scenario generation using risk neutral distributions and generative modelling.

Salil Gadgil, Researcher, Office of Financial Research, examines how client clearing has reshaped CDS markets and why the features that improve efficiency can create new vulnerabilities during periods of stress.

Dr. Kaitao Lin, Senior Financial Economist at the WFE, says commodity options markets are already pricing in climate risk, with “brown” contracts carrying higher premiums than their greener counterparts.

Analyse setbacks carefully, extract the lessons and return stronger. Growth often occurs precisely when success appears most distant.

Russell Karas, Senior Vice President and Head of the Strategic Market Solutions Division at Xpansiv, explores how exchanges are shaping the evolution of International Renewable Energy Certificate (I-REC) markets.