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The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
The derivatives market gathered in London on Thursday night to celebrate its leading players
Internal restrictions mean SSAs issue fewer CMS-linked notes
JP Morgan and Dutch pension fund PGGM transacted derivatives margin trade
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Hedge funds and real money players have been snapping up payer spreads on iTraxx Main following the Bank of Japan’s unexpected announcement that it would increase monetary stimulus spending, resulting in a steepening of the payer smile.
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Options trading volumes on the dollar against the yen has continued to spike following the Bank of Japan’s unexpected announcement that it would ramp up its monetary stimulus in another round of quantitative and qualitative easing.
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A court case in the UK High Court over credit protection, which the Leipzig water company sold to UBS, has been described as a “sorry story of greed and corruption from which neither emerges with credit”, according to the judge presiding over the case.
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CNY NDIRS were well offered on Tuesday, on a lower fixing and expectations of further easing by the People's Bank of China (PBoC). At current levels sources say the 1s/3s swap curve slope is too flat, writes Deirdre Yeung of Total Derivatives.
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Overall credit default swap notional that was reported to swap data repositories last week decreased by 21% from the previous week, according to data from the International Swaps and Derivatives Association. Overall interest rate derivatives trading that was reported, also saw a decrease of 17% from the previous week.
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Hedge funds and real money investors are targeting a long spot position on the Turkish lira against the Russian ruble, on the back of expectations that the ruble will continue to weaken. This comes following the decision from the Central Bank of Russia not to shift to a free-floating or discretionary intervention currency strategy at its monetary meeting on October 31.