Foreign exchange
HVB offers open-end index certificate tracking FTSE EPRA/NAREIT Germany Net Total Return Index
HypoVereinsbank (HVB) is offering access to the German real estate market with its open-end index certificate tracking the FTSE EPRA/NAREIT Germany Net Total Return Index. The index is based on the shares of the largest publicly traded German real estate…
RBC offers principal protected note linked to commodities in Canada
RBC in Canada has launched a 100% principal protected note linked to a basket of commodities that includes Brent crude oil, copper, nickel and zinc. The five-year RBC Principal Protected Commodity Booster Notes offers 50% return at maturity if the…
ECB chief calls for increased regulatory harmonisation
Jean-Claude Trichet, president of the European Central Bank, has said central banks must decide on uniform regulatory principles to deal with the globalisation of financial markets.
CESR assesses disparities in supervisory control
The Committee of European Securities Regulators (CESR), which surveys EU rules on securities, has investigated whether national authorities have the same degree of power to enforce the market abuse and prospectus directives.
Ethanol in “hangover mode” as sector looks to restructure
The unbridled optimism which spurred the ethanol markets in 2006 has been replaced by fears over the sustainability of some corn-based projects, according analysts speaking at this week’s Renewable Energy Finance Forum in New York.
BarCap and Deutsche launch bespoke CPDO
Barclays Capital and Deutsche Asset Management have come to market with the first fully managed bespoke constant proportion debt obligation (CPDO).
Deutsche Bank Launches Tradeable Equity Research Index
Deutsche Bank has launched the Solar Europe Index, the first in a series of indexes it has planned for giving investors access to its equity research analysts’ shorter-term investment ideas.
S&P backs microfinance CDOs
Standard and Poor’s, which rated the first full capital structure collateralised debt obligation based on microfinance loans in May this year, has released a preliminary ratings framework for microfinance institutions (MFI).
GlobalView to offer SSY tanker data
Tanker data from shipbroker Simpson, Spence & Young (SSY) will become available through data management provider GlobalView’s MarketView solution.
Rabobank closing carry trade CPDO
Rabobank is planning to close a structured foreign exchange product next week that invests in the carry trade while using the leverage mechanism of a constant proportion debt obligation (CPDO).
SEC issues new compliance alerts
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E-trading main driver behind Reg NMS
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European Parliament endorses Equitable Life report
The European Parliament has supported the findings of the Committee of Enquiry’s report on the near-collapse of insurance company Equitable Life.
Reuters unveils risk management system for hedge funds
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Indian reserve bank deputy emphasises regulatory role
Rakesh Mohan, deputy governor of the Reserve Bank of India, has stressed the importance of central banks’ role in financial regulation.
Hedge funds set to benefit from Reuters software
Reuters is releasing a platform that allows hedge fund managers to access their real-time risk positions.
Fed holds hearing on mortgage regulation
The US Federal Reserve Board is discussing how it can better protect the mortgage market in light of recent difficulties in the industry.
LME to launch steel futures in 2008, DGCX steel launch delayed
The London Metal Exchange (LME) will commence futures trading in steel billet in April 2008. There will be two separate regional contracts, defined by the LME as for the Near East and Far East respectively
Johannesburg launches currency futures
The Johannesburg Stock Exchange (JSE) has launched the first in a series of currency futures contracts. The rand/US dollar futures started trading yesterday on Yield-X, JSE's interest rate exchange.
Global asset managers struggling with Mifid preparations
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