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Derivatives

Top Derivatives news

  • Bookie taps €1bn call option on Swiss franc, hopes for SNB floor hike

    One leading interdealer broker in London this week bought a €1bn euro call on the euro/Swiss franc exchange rate in anticipation of the Swiss National Bank (SNB) raising the enforced Sfr1.20 ($1.32) floor on the rate to Sfr1.25 in a bid to combat deflation.

    • 07 Aug 2014
  • TMX’s rules could lure US dealers as trades go OTC

    The Montreal Exchange could see more liquidity from US-based equity dealers wanting the benefits of exchange trading, while retaining the ability to protect their positions from front running by other market participants. TMX’s exchange rules allow dealers to hedge their positions before executing their trade, helping reduce delta risk - or the option’s price compared to the underlying stock.

    • 06 Aug 2014
  • Sterling options traded ahead of BoE inflation report

    Market participants have been trading downside options on the sterling against the US dollar ahead of Wednesday’s inflation report from the Bank of England.

    • 11 Aug 2014


Latest Derivatives News

  • Euro options flow spikes as greenback strengthens

    Investors have been trading vanilla options on the euro against the dollar this week, following the recent spot decline in the currency pair.

    • 20 Aug 2014
  • Funds close relative value hedges as polls show Scottish secession unlikely

    Hedge funds are closing relative value trades on financial names which were traded to hedge a potential widening if a secession vote in the Scottish referendum were to occur on September 18. One such trade, tipped by strategists at BNP Paribas in London, was closed this week after polls have increasingly shown that Scotland will choose to stay part of the UK.

    • 20 Aug 2014
  • SwapClear expands in Australia with new head

    Marcus Robinson has been appointed head of SwapClear Australia in Sydney, in a new role that is part of LCH.Clearnet’s bid to expand in the region.

    • 20 Aug 2014
  • Total Derivatives: CNY well bid pre-PMI; steeper curve

    CNY swaps were well bid on Wednesday in anticipation of another firm China PMI print on Thursday. With the paying extending out to the less liquid 10 year point, the 1s/10s curve slope has steepened and sources expect Thursday's data to drive the curve move further, writes Deirdre Yeung of Total Derivatives.

    • 20 Aug 2014
  • First Trust lists maiden multi-asset, actively managed ETF

    First Trust has listed a new exchange-traded fund on the NASDAQ OMX which began trading last Thursday. The ETF, known as First Trust Strategic Income ETF, is the firm’s first multi-asset income fund that is actively managed, and provides a low-cost alternative to traditional fixed-income funds through diversification and the use of multiple asset classes.

    • 19 Aug 2014
  • BM&FBOVESPA’s single-platform clearinghouse begins operations

    BM&FBOVESPA, Brazil’s sole bourse, has unified its four clearinghouses for different asset classes into one single platform, which began live operations Monday for exchange-traded and over-the-counter derivatives. The firm will now look to launch equities in 2015.

    • 19 Aug 2014
  • Fast and real money race to unwind Crossover hedges

    Fast and real money investors are racing to unwind hedges on iTraxx Crossover following a recent tightening of the index from 272bp on Friday to 248bp at close on Tuesday.

    • 19 Aug 2014

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Aug 2014
1 JPMorgan 215,971.90 822 7.91%
2 Barclays 203,469.57 697 7.45%
3 Deutsche Bank 198,268.00 785 7.26%
4 Citi 192,847.53 709 7.07%
5 Bank of America Merrill Lynch 184,602.45 658 6.76%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Aug 2014
1 BNP Paribas 33,407.13 146 7.57%
2 Credit Agricole CIB 24,087.32 95 5.46%
3 HSBC 22,170.66 125 5.02%
4 UniCredit 20,938.85 102 4.74%
5 Commerzbank Group 20,285.28 116 4.60%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Aug 2014
1 JPMorgan 20,184.94 96 9.22%
2 Goldman Sachs 19,786.26 62 9.04%
3 Deutsche Bank 18,169.79 62 8.30%
4 UBS 16,830.14 66 7.69%
5 Morgan Stanley 16,000.53 68 7.31%
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