First U.S. Emission Swaps Brokered

The first emissions swaps have been traded in the U.S., which participants view as the beginnings of a financially settled over-the-counter market.

  • 29 Apr 2005
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The first emissions swaps have been traded in the U.S., which participants view as the beginnings of a financially settled over-the-counter market. Last month, Cantor Fitzgerald Environmental Brokerage Services and Evolution Markets each brokered a fixed-to-floating emissions swap of 15,000 and 2,500 sulfur dioxide allowances respectively. The deal was priced off the Argus Air Daily index. Cantor Fitzgerald is working on another SO2 swap, according to Craig Poler, manager of emissions and fuels in New York.

  • 29 Apr 2005

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 280,265.07 1033 8.97%
2 JPMorgan 255,894.98 1165 8.19%
3 Bank of America Merrill Lynch 248,918.80 861 7.97%
4 Goldman Sachs 192,023.30 615 6.15%
5 Barclays 183,846.60 703 5.89%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 28,458.91 116 7.05%
2 Deutsche Bank 26,902.99 90 6.67%
3 Bank of America Merrill Lynch 24,997.04 70 6.19%
4 BNP Paribas 21,217.62 120 5.26%
5 Credit Agricole CIB 19,454.23 112 4.82%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,671.74 61 7.87%
2 Citi 12,076.06 76 6.95%
3 Morgan Stanley 11,899.85 66 6.85%
4 UBS 11,800.30 47 6.80%
5 Goldman Sachs 11,111.93 58 6.40%