Latest Asia Derivatives Credit news

  • China CDS market opens to foreign banks

    The market for credit default swaps (CDS) in China is still in its very early stages, but the government is looking to promote their use and the first foreign bank has already got involved.

    • 19 Oct 2017
  • ICE to clear Saudi Arabia CDS, adds corps

    Intercontinental Exchange (ICE), an operator of exchanges and clearing houses, on Monday announced clearing services for CDS referencing Saudi Arabia, as well as for a host of emerging market and Asia-Pacific corporate single names.

    • 02 Oct 2017
  • ISDA DC decides on Noble Group, prompts questions on reform

    An International Swaps and Derivatives Association (ISDA) determinations committee this week 'cleverly' dismissed the controversial question of whether Noble Group defaulted on its debt in June, but the move has prompted questions about reform of the decision-making process.

    • 20 Sep 2017
  • Life is complicated, even in the CDS market

    Noble Group, the Hong Kong commodities trading firm, is in financial difficulties, but is still functioning — just.

    • 31 Aug 2017
  • Noble CDS drama escalates as DC postpones decision

    The drama surrounding credit default swaps referencing Noble Group escalated this week as the Asia Ex-Japan International Swaps and Derivatives Association determinations committee on Thursday pushed back the deadline for ruling on whether Noble has defaulted.

    • 31 Aug 2017
  • HKEX gives up on T-bond futures as Bond Connect heats up

    The Hong Kong Exchange (HKEX) will suspend its offering of China ministry of finance treasury bond futures after the end of the year, while no official trading data was disclosed for the Bond Connect scheme in the bourse’s 2017 interim results report.

    • 09 Aug 2017
  • MOEX and SSE announce partnership

    The Moscow Exchange (Moex) and Shanghai Stock Exchange (SSE) have agreed to an expanded “strategic cooperation” agreement, and intend to develop debt and equity products for investors.

    • 25 May 2017
  • CFTC grants no-action relief to SHCH

    The Commodity Futures Trading Commission has again extended no-action relief for the Shanghai Clearing House (SHCH), advocating against enforcement action for failing to register as a Derivatives Clearing Organisation (DCO).

    • 17 May 2017
  • HKEX to trade five year Chinese bond futures

    The Hong Kong Exchange is set to introduce five year China Ministry of Finance Treasury bond futures.

    • 27 Mar 2017
  • ICE named secretary of credit derivs determinations committees

    ICE Benchmark Administration, a unit of Intercontinental Exchange, is to assume the secretarial role on the credit derivatives determinations committees previously held by the International Swaps and Derivatives Association.

    • 16 Dec 2016
  • Trump adds spice to 2017 EM pageant

    It’s that time of year when analysts dust off their crystal balls and make predictions for the next 12 months. In December 2015 not many were forecasting that Britain would vote to leave the EU, and even fewer were betting on a Donald Trump presidential victory, so investors would be wise to treat such missives with caution. Political risk is a capricious beast, even for the most seasoned market observers.

    • 15 Dec 2016
  • Tullett replaces EMEA chief, names TP ICAP execs

    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.

    • 03 Oct 2016
  • Push on blockchain as market faces big inefficiency dangers

    Blockchain came sharply into focus this week for the derivatives market, as industry bodies warned on both the need for such technology and to regulate its use. Meanwhile, firms rolled out a range of new initiatives to address the market’s mounting challenges around margin and settlements.

    • 22 Sep 2016
  • Numerix signs first Thai CVA client

    Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, has signed up Siam Commercial Bank as its first client in Thailand for a credit valuation adjustment (CVA) solution.

    • 17 Aug 2016
  • UK, Japan stimulus plans drive markets in different directions

    It was a tale of two interventions this week, as Japan underwhelmed markets with its stimulus plan while the Bank of England delivered more than expected, in moves that also sent the yen and pound reeling in different directions.

    • 04 Aug 2016

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.62
2 CITIC Securities 21.06
3 China CITIC Bank Corp 9.72
4 China Merchants Bank Co 9.18
5 Industrial and Commercial Bank of China (ICBC) 7.56

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 16,398.71 87 6.20%
2 UBS 14,468.05 89 5.47%
3 Morgan Stanley 12,696.27 63 4.80%
4 Goldman Sachs 11,964.67 61 4.53%
5 China International Capital Corp Ltd 11,605.84 57 4.39%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 35,355.30 248 7.98%
2 Citi 34,549.67 198 7.80%
3 JPMorgan 26,213.80 145 5.92%
4 Bank of America Merrill Lynch 21,812.93 113 4.92%
5 Standard Chartered Bank 18,550.38 140 4.19%

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