News
US Wrap: UBS and JP Morgan vie for space in reverse convertibles
UBS and JP Morgan have both released a handful of reverse convertible notes into the US structured products market. The notes included financials (Citi, Wells Fargo and Bank of America) and commodity equities (US Steel and Freeport McMoran).
CDS: Spreads widen on G20 financial reform concerns
Credit default swap 5-year mid-levels for structured products issuers (September 2)
Over-regulation will drive business overseas says Baltic Exchange
The Baltic Exchange has warned that too much regulation will damage the freight derivatives market and drive business away from Europe following a consultation paper published by the European Commission (EC.)
CFTC implements COT report changes
As of Friday September 4, the Commodity Futures Trading Commission (CFTC) will implement changes to its weekly Commitments of Traders (COT) reports first announced in July.
Nine hires boost Credit Suisse's Asia fixed-income team
Credit Suisse has hired nine directors in sales and trading for its Asia-Pacific fixed-income business.
Industry responds to EC derivatives proposals
Three industry bodies have offered overall support for the European Commission's proposals for derivatives markets, but opposed measures they claim could be detrimental to over-the-counter trading.
UK Wrap: Walker Crips offers new at risk growth plan
There was a bumper issuance of 24 structured products last week, thanks mainly to Investec launching its 11th collection of plans.
US Wrap: US & Asia plays close week
A mix of nine different US and Asian equity plays brought the US market to a close last week. Citi launched two new notes - both a reverse convertible and an accelerated growth note. The latter was linked to the performance of the S&P 500 index, offering…
CDS: Spreads widen tracking stocks
Credit default swap 5-year mid-levels for structured products issuers (September 1)