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Structured moves
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Algorithmics launches risk analytics software
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Calvert appoints CIO
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Barclays Capital makes senior credit sales appointment in New York
Barclays Capital, the investment banking division of the UK’s Barclays Bank, has hired John Lovisolo as a managing director in its North American credit derivatives and structured product sales team.
Insurers weather US storms
New Angles
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Credit funds weigh LBO risks
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GFI launches electronic CDS index trading in the US
GFI Group, the New York based inter-dealer brokerage, has launched its electronic credit default swap (CDS) trading system, Creditmatch, in the US.
Goldman Sachs to lose two top forex prop traders
Goldman Sachs is to lose its two chief London-based prop traders at the end of the year.
Allegheny Energy to sell Illinois power plant
Pennsylvania-based Allegheny Energy is to sell a power plant in Manhattan, Illinois for $173 million to a private investment firm that specialises in energy assets. ArcLight Capital Partners has agreed to buy the 672-megawatt (MW) Lincoln Generating…
Merrill Lynch to offer algorithmic engine to buy-side
Merrill Lynch is slated to join a growing array of major sell-side firms that will allow third-party access to their algorithmic trading engines.
Trading volumes surge on rupiah volatility
Trade volumes in the Indonesian rupiah surged by around 50% when markets reopened following the presidential elections last week.
Credit derivatives professionals slam IAS
Financial market participants have slammed International Accounting Standard 39 (IAS 39) for financial hedge instruments, according to a British Bankers' Association (BBA) credit derivatives survey.