News
Tullett Prebon names Ann as new data chief
London-based interdealer broker Tullett Prebon has promoted Henry Ann to head its market data business, Tullett Prebon Information.
Euronext to “carefully review all available options”
Euronext has increased speculation about future exchange consolidation in both the US and Europe, after it issued a statement insisting it was still open to all offers. The statement said the company would seek value for all its shareholders in any…
Rabobank moves structuring from Singapore to HK
Rabobank International has announced plans to relocate its structuring arm in Singapore to Hong Kong. It said the move was in line with its corporate strategy to strengthen its capabilities in structured product origination, risk management and…
Treasury bulletin on FSMA out
The Treasury has published its April bulletin on the Financial Services and Markets Act (FSMA). The bulletin provides an update on new legislation, the progress on closed consultations, open consultations and future consultations.
DGCX to launch Middle East's first currency futures
The Dubai Gold and Commodities Exchange (DGCX) is to launch currency futures in the coming months – the first such products to be made available in the Middle East. It plans to introduce futures contracts on euro/dollar, yen/dollar and sterling/dollar,…
Fitch to introduce synthetic CDO market risk valuation service
Fitch Ratings is aiming to introduce a new service for evaluating market risk in synthetic collateralised debt obligations (CDOs) in the next three months, which it will announce tomorrow. The rating agency will offer a mark-to-model market risk service…
Reuters calculates spot USD/HKD fixing rate
Reuters has been appointed the official calculator and distributor of the benchmark spot US dollar/Hong Kong dollar fixing rate, which will be launched on April 6 this year.
FSA hits hedge fund with £1.5m fine
GLG Partners in the dock over Sumitomo convertible bond issue
BarCap slams UK pension rules
The bank criticises inflexibility of the liability-discounting regime
Deutsche Bank extends leveraged loan CDS market
The bank goes from trading bilaterally to launching LLCDS market
New fixed-income indices track total-return funds
Developed by Credit Suisse, the indices track a series of theoretical portfolios
Securitisation issuance hits new peak in Europe
CDO issuance rises by 86%: RMBS loses share on weak housing market
Jitters hit Japan's bond market after monetary policy shift
Bond yields rise on news that Bank of Japan is paving the way for hike in interest rates
Citi and Lehman swap index data to improve pricing
The deal covers most of the investment-grade universe but not high yield