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Internal restrictions mean SSAs issue fewer CMS-linked notes
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JP Morgan and Dutch pension fund PGGM transacted derivatives margin trade
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◆ Chinese bank treasury shift from USTs to dollar callables considered ◆ Some European SSAs face cross-currency limitations ◆ Previous market staple 'almost non-existent'
Goldman's Hong takes over from Jeroen Krens
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  • The Commodity Futures Trading Commission has obtained a US federal court consent order against an Arizona firm called Draven, for the fraudulent solicitation of at least $1.8m for pooled investments in commodity futures and FX.
  • Those hoping that Monday would bring clarity to the confusion surrounding Venezuela’s debt situation were out of luck as a meeting between the government and some bondholders offered no clues as to the country’s strategy.
  • The European Securities and Markets Authority issued a warning on initial coin offerings on Monday, suggesting the unconventional capital raising tool may be subject to EU securities regulation.
  • The Dubai Gold and Commodities Exchange on Monday announced it had launched 44 Indian single stock futures, giving investors exposure to blue-chip companies.
  • Singapore Exchange (SGX) on Monday announced the launch of new derivatives products based on the MSCI Emerging Markets and MSCI Emerging Markets Asia indices.
  • Investors and bond market analysts said that PDVSA, the Venezuelan state-owned oil company, was on the verge of a messy default after making its latest principal payment nearly a week late and in various stages.