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 358,291.38 1348 9.06%
2 JPMorgan 320,704.66 1461 8.11%
3 Bank of America Merrill Lynch 318,128.31 1104 8.04%
4 Goldman Sachs 236,643.87 789 5.98%
5 Barclays 231,197.41 895 5.84%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 35,007.57 165 6.53%
2 Deutsche Bank 34,880.53 120 6.51%
3 Bank of America Merrill Lynch 31,805.65 97 5.93%
4 BNP Paribas 27,920.60 169 5.21%
5 SG Corporate & Investment Banking 24,398.89 138 4.55%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,745.92 80 8.85%
2 Morgan Stanley 16,334.63 83 7.32%
3 Citi 15,972.34 95 7.16%
4 UBS 15,487.17 60 6.94%
5 Goldman Sachs 14,053.61 76 6.30%