News
US Wrap: Morgan Stanley mixes fund and index for multiple exposure
The recent momentum in the US structured products market continued to the end of last week, with 13 new issues launched on Friday. Among the offering was an unusual six-month trade from Morgan Stanley which gives exposure to both European and emerging…
CDS premiums boost option participation in structured products
Participation rates and coupons in structured products are being boosted by premiums from credit default swaps (CDS) sold on sovereign and corporate entities, say dealers.
NYSE Liffe’s CDS clearing platform in doubt
The central clearing service for credit default swaps (CDS) offered by London-based derivatives exchange NYSE Liffe is “under review”, an official at the firm told Risk .
Oil & gas sector stung by Obama budget proposals
Tax changes proposed in President Obama's 2010 budget have raised concerns in the US oil & gas industry about supply security and price volatility. Pauline McCallion reports
“Slow and Painful” recovery for oil industry says Moodys
Ratings agency Moody's expects economic recovery within the global oil industry in 2010 to be 'slow and painful', according to its Industry Outlook for the Global Integrated Oil sector published last week.
EC looks to move standardised OTC derivatives onto exchanges
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UK chancellor warns bankers off a return to excess
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Austrac censures two banks over breaches of AML law
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Suspected oil rogue trader costs company £6 million
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US Wrap: Lively market focuses on energy and financials
The US market was showing convincing signs of life yesterday, with an impressive spread of 28 products launched by eight providers. The days of heaviest issuance have been dominated by reverse convertibles, but the structure only made up half of…
UK Wrap: Emerging Markets and bonds appear as underlyings
MSS has launched its first structured product in the UK market, offering a 100% capital protection. The six-year investment gives 100% participation in an equally-weighted basket consisting of four underlyings - subject to a maximum return of 45% growth.
Updated: Investec shares the wealth with income increase
Investec will increase the return on its five-year Capital Guaranteed FTSE 100 Income Plan 2 by 40 basis points due to changing market conditions.
EC looks to move standardised OTC derivatives onto exchanges
The European Commission (EC) today served notice of its intention to push standardised over-the-counter derivatives onto regulated exchanges, in a move that could prove unpopular among dealers.