News
Nymex considers lawsuit against Optionable
The New York Mercantile Exchange (Nymex) may take legal action against Valhalla, NY-based brokerage firm Optionable, the exchange’s chief executive officer James Newsome announced this week.
Markit launches ABCDS spread service
London-based data provider Markit has begun a daily service providing fair-value spreads for credit default swaps (CDS), referenced to certain asset-backed securities (ABS) in North America.
EDF Trading hires Jasvinder Badyal as senior derivatives trader
EDF Trading, the wholesale energy trading subsidiary of EDF, has appointed Jasvinder Badyal as a senior derivatives trader in its structured derivatives and pricing group.
Deutsche Bank hires Miranda to push into EM prime broking
Deutsche Bank Securities has appointed Luciana Miranda as a managing director in the fixed-income prime brokerage group, within the bank's global markets division.
EIB expands fundraising with two new bonds
The European Investment Bank (EIB), the multi-government-owned financing arm of the European Union, has launched two new bonds, a multinational environmental bond and its first rouble-denominated issue.
Bear Energy buys Williams Power assets
Bear Energy, a Houston-based, wholly owned subsidiary of Bear Stearns, has reached a deal to acquire “substantially all” of the power and natural gas assets comprising the power trading business of Williams Power Company.
ABN Amro lists index products in Singapore, poaches from Calyon
ABN Amro will list a new range of equity-linked products on the Singapore Exchange on June 1, says Miles Ashton, head of sales for private investors products, Asia at ABN Amro.
FSF warns of hedge fund risks
The growth of the hedge fund industry is hindering risk management and valuation processes and is putting margins under pressure, says a report by the Financial Stability Forum (FSF), issued on Friday (May 18).
Citi and FTSE launch first Vietnam equity index
US bank Citi and index provider FTSE Group today launched the FTSE Vietnam Accessible Index (VAI), the first Vietnam equity index for foreign institutional investors.
ABN and Grosvenor in first Australian property swap
Grosvenor Group, an international property company, and Dutch bank ABN Amro, announced on May 21 that they have agreed the first Australian property derivatives transaction.
Nymex offers electronic options trading on oil, natural gas, gold and silver
The New York Mercantile Exchange (Nymex) will offer options trading for crude oil, natural gas, gold, and silver on the CME Globex electronic trading platform from June 24 for a trade date of June 25
Deutsche Bank continues prime brokerage expansion
Deutsche Bank has appointed five new staff for its prime finance operations worldwide.
LiquidityHub expecting launch in Q3
London-based electronic trading consortium LiquidityHub plans to start distributing the liquidity of 15 banks in interest rate swaps by the third quarter of this year.