Americas

Volume figures released by major derivative exchanges show that low volatility continues to subdue volumes in equity derivative products, although flows improved in September. Interest rate, metal and energy derivatives show growth, however.

Island nation Bermuda is understood to be meeting bond investors this week ahead of a planned new dollar bond.

Argentina presented investors with a pricing conundrum on Wednesday when the sovereign came to market with its first euro-denominated deal since its 2001 default.

After a slow start to the week, emerging market investors were offered a smorgasbord of options as borrowers from four continents and across the credit spectrum launched bonds in dollars and euros.

Alex Caridia started the role in RBC Capital Market's Toronto office on Tuesday.

NN Investment Partners has added two new hires to its emerging market debt teams in New York and the Netherlands.

St. Louis-headquartered Belden, the communications equipment manufacturer, launched €200m of 10 year non-call five notes on Tuesday morning, as the high yield market looks to maintain issuance momentum following a bumper September.

Colombia’s dollar bonds slumped on Monday despite a rally in oil after the country shocked observers and pollsters by voting to reject a proposed peace accord between the government and Farc guerrillas.

Azure Power Global has rejigged the terms on its $78.4m New York Stock Exchange IPO midway through bookbuilding, halving the shares on offer to make way for the entry of a Canadian institutional investor.

Tullett Prebon is set to lose its European chief executive, who becomes the second senior departure in the past week from a planned Tullett-ICAP combined group as the two interdealer brokers look to merge by the end of this year.

Mexican utility CFE and Panamanian Global Bank began meeting investors on Monday as the Lat Am new issue market extends an autumnal busy spell.

Chinese logistics firm ZTO Express has picked the New York Stock Exchange as the destination for its $1.5bn US listing, according to a filing on the US Securities and Exchange Commission.