Morgan Stanley Reportedly Executes First Large Cable Trade This Year

  • 26 Jan 2002
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Morgan Stanley reportedly bought GBP500 million (USD711 million, notional) sterling puts/dollar calls for a customer speculating that the sterling would continue its slide against the dollar, according to options traders in New York. Morgan Stanley officials declined to comment.

The firm bought the three-month puts struck at USD1.35, when spot was trading at USD1.43 on Wednesday. Traders were surprised by the trade because the cable market has been quiet so far this year. However, it did not impact implied volatility, which remained around 7.5%. Traders said this is because the market can easily absorb trades of this size.

  • 26 Jan 2002

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 30,363.50 109 7.56%
2 JPMorgan 27,423.07 94 6.82%
3 Goldman Sachs 27,365.68 53 6.81%
4 Barclays 25,009.79 63 6.22%
5 Deutsche Bank 22,679.02 69 5.64%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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1 Mizuho 299.85 1 21.73%
1 ING 299.85 1 21.73%
1 Commerzbank Group 299.85 1 21.73%
1 BNP Paribas 299.85 1 21.73%
5 UBS 60.22 1 4.36%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 1,607.28 5 22.59%
2 Credit Suisse 1,301.65 4 18.30%
3 UBS 970.80 3 13.65%
4 BNP Paribas 522.35 4 7.34%
5 SG Corporate & Investment Banking 444.17 3 6.24%