News
LSE profits fall on derivatives write-off
The London Stock Exchange announced its profits for the first half of the year had fallen by a third due to a drop in the value of its EDX derivatives unit.
CDO market to hit $2 trillion by end of 2006, Celent says
According to research by Celent, the notional size of the collateralised debt obligation (CDO) market should reach $2 trillion by the end of next year. In the analysis, the New-York-based consultancy argued that dealers will have to specialise their…
ABN Amro and Axa close Synergie credit note
ABN Amro and Axa Investment Managers (Axa IM) have closed a principal-protected long/short credit note called Synergie, which has been sold to institutional investors in Europe, Asia and the Middle East.
New mutual funds successfully mimic hedge fund performance
Rydex Investments, a Maryland-based investment advisor with $13 billion worth of assets under management, said two mutual funds it launched at the end of September are succeeding in giving a broader base of investors access to hedge fund-like strategies…
SEC puts GE's derivatives use under formal scrutiny
The Securities and Exchange Commission (SEC) has started a formal investigation into General Electric's use of derivatives.
BNP launches second Dynamo credit CPPI
BNP Paribas is launching the second series of Dynamo hybrid cash and credit derivative notes, which will again be managed by Crédit Agricole Asset Management (CAAM).
Tradition adds two to its repo team
London-based interdealer broker Tradition has added two senior brokers to its repo team in response to increasing demand for the product.
Calpine faces new court battle
News: Credit news
Credit news
News: Credit news
Indian convertible bond issuance soars while rest of Asia slumps
News: Credit news
Pension fund trustees lack basic understanding of probability
News: Credit news
Technology news
News: Technology
Deutsche expands Bouhara's role
Deutsche Bank's head of equity derivatives, Yassine Bouhara, is to take on the additional role of head of cash equities as the German bank moves to streamline its trading arms.
Briefs
REGULATORY UPDATE