GFI To Expand Credit Derivatives Electronic Trading System

GFI Group is planning to add credit-default swaps referenced to asset-backed securities, convertible bonds and preferred shares to its online system for credit derivatives trading next year.

  • 17 Dec 2004
Email a colleague
Request a PDF

GFI Group is planning to add credit-default swaps referenced to asset-backed securities, convertible bonds and preferred shares to its online system for credit derivatives trading next year.

Michael Fuhrman, a product market specialist with the broker in New York, said the trading system went live in August and now 80-95 traders are typically logged on from over 20 investment banks, including Merrill Lynch, Barclays and Société Générale. In the U.S., however, dealers have been slower on the uptake with only around 13 dealers using the system.

  • 17 Dec 2004

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 96,638.56 376 8.27%
2 Citi 92,984.41 337 7.96%
3 Bank of America Merrill Lynch 77,638.40 289 6.65%
4 Barclays 76,858.25 273 6.58%
5 HSBC 63,992.87 304 5.48%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 7,866.65 13 10.81%
2 Deutsche Bank 4,924.62 11 6.77%
3 Commerzbank Group 4,230.90 18 5.82%
4 BNP Paribas 4,102.69 19 5.64%
5 Citi 3,183.28 8 4.38%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 1,958.99 12 11.66%
2 Citi 1,426.07 7 8.49%
3 JPMorgan 1,371.27 7 8.17%
4 Bank of America Merrill Lynch 1,345.53 6 8.01%
5 UBS 1,083.08 5 6.45%