News
TradeWeb offers Canadian bonds to Europe
Thomson TradeWeb, the Jersey City-based fixed-income trading system, has made Canadian bonds available to European customers with Toronto-based network CanDeal.
Boom in derivatives IT spending to hit $5.75 billion by 2009
Boston-based financial services research and consultancy organisation TowerGroup estimates that global IT spending on derivatives will grow 18% annually over the next three years.
Thai CDS spreads blow out on military coup
A political crisis in Thailand has rattled Asian markets, causing spreads on credit default swaps (CDSs) on Thai sovereign bonds to blow out to over 50 basis points on Wednesday from 36bp a day earlier.
Credit derivatives grow by 52% in first-half 2006, says Isda
The credit derivatives market is now worth $26 trillion notional after another six months of rapid growth, according to the International Swaps and Derivatives Association.
BNP expands credit derivatives team
BNP Paribas has created four new posts on its fixed-income structured products and derivatives team in London.
Cognotec hires three senior managers
Cognotec, the Dublin-based foreign exchange vendor, has recruited three senior managers, including two new members of its board.
RBS shuffles leveraged finance team
The Royal Bank of Scotland has made two personnel changes to its leveraged finance business.
Property derivatives growing, but pricing still difficult
The UK property derivatives market has crossed the £1 billion ($1.88 billion) notional mark, but pricing information shows that the market is still far from efficient, according to the London-based property think-tank, Investment Property Forum (IPF).
BarCap and Merrill Lynch expand derivatives research
Barclays Capital and Merrill Lynch have released new reports on derivatives strategies.