The Loan Syndications and Trading Association is hosting a conference call Nov. 2 to decide whether to adopt as a market standard delayed compensation for secondary market when-issued trades that do not settle within seven business days after funding to the borrower. The call will start at 4:30 and relate to feedback given since new confirms went live in May. If the proposal is approved, it would govern trades made on the new par trade confirm that will then be effective in January. The vote is for LSTA members only and members can contact Jane Summers at firstname.lastname@example.org for registration instructions.
Want full access to GlobalCapital?
If you are new to GlobalCapital or you already subscribe to some of our channels you can still easily extend your access.
Take a trial to the entire site or subscribe online to see all our capital markets news, opinion and data sets.
Don't miss out!Free trial
Read the magazine on your mobile device
Most Viewed: Securitization
- Kroll expands euro securitization offering with first CMBS rating
- GlobalCapital European Securitization Awards: Call for Nominations
- Don’t trust early default rate fall in 2019, says Moody’s
- Trinitas V CLO reset delayed as year-end volatility bites securitization
- Securitization skeptic rumored as pick for head of housing finance regulator
Latest news by market and league table performance
|Rank||Lead Manager/Arranger||Total Volume $m||No. of Deals||Share % by Volume|
|2||Bank of America Merrill Lynch (BAML)||9,637||29||10.97|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|2||Bank of America Merrill Lynch||102,784.89||298||8.94%|
|4||Wells Fargo Securities||91,306.23||262||7.94%|