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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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Bank intermediaries eye resurgence in profitable trades
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  • Investors are scrambling for cover seeking short term put options in Petrobras, the Brazilian energy company, after a series of scandals, market downturns, and credit problems rocked the company.
  • Companies are increasingly relying on accelerated share repurchases (ASRs) as alternatives or complements to traditional corporate share buyback schemes.
  • Innovation in structured products is essential to customise clients’ needs in dynamic market environments, but issuers must weigh risks and education with additional product complexity, according to panellists at the Structured Products Americas-2015 conference in New York.
  • The overall credit default swap and interest rate derivative notionals reported to swap data repositories last week decreased by 22% and 30% respectively compared to the same week last year, according to data from the International Swaps and Derivatives Association.
  • The Securities Industry and Financial Markets Association (SIFMA) has urged US regulators to disregard recommendations that the asset management industry should be regulated like large banks.
  • The internationalisation of China’s capital markets, dollar/offshore renminbi currency volatility and northbound investment on the Shanghai-Hong Kong Stock Connect programme are driving more trading in renminbi currency futures, according to Hong Kong exchanges and Clearing Limited.