Japanese EDS Interbank Market Emerges...

An interbank market on Japanese equity-default swaps has emerged in recent weeks kick-started by growing interest in the nascent instruments as well as demand for securitizations referenced to the products.

  • 18 Apr 2004
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An interbank market on Japanese equity-default swaps has emerged in recent weeks kick-started by growing interest in the nascent instruments as well as demand for securitizations referenced to the products. "There's already been several trades," said Clarke Pitts, head of equity derivatives at JPMorgan in Tokyo. He noted that the firm recently began making markets in around 30 Japanese names. "They're ahead of the curve," said a credit trader at a rival firm in Tokyo, noting that while other houses have traded EDS, JPMorgan is the only firm actively quoting two-way prices. Pitts attributed the development to the pickup for such products as collateralized equity obligations.

  • 18 Apr 2004

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 352,540.12 1323 9.09%
2 Bank of America Merrill Lynch 315,574.44 1093 8.13%
3 JPMorgan 314,826.88 1433 8.11%
4 Goldman Sachs 234,193.07 776 6.04%
5 Barclays 226,473.92 879 5.84%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 34,312.86 161 6.59%
2 Deutsche Bank 34,194.98 116 6.57%
3 Bank of America Merrill Lynch 31,113.25 94 5.98%
4 BNP Paribas 27,479.75 167 5.28%
5 SG Corporate & Investment Banking 23,982.83 136 4.61%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,536.02 78 8.91%
2 Morgan Stanley 16,323.54 83 7.44%
3 Citi 15,667.80 92 7.14%
4 UBS 15,208.47 58 6.94%
5 Goldman Sachs 13,487.36 72 6.15%