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◆ Public sector issuers embrace hedge fund bid... ◆ ... as they flex in the swap market ◆ Car makers welcomed back to bond market
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New contracts cannot yet be traded in US
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  • The Singapore Exchange is planning to introduce a more accurate closing price measurement for illiquid exchange-traded funds in a bid to boost liquidity and help investors value their portfolios.
  • GFI Group has applied to the U.S. Commodity Futures Trading Commission to become a multi-asset swap execution facility under Dodd-Frank.
  • James Nowak, a credit trader at Deutsche Bank in London, is to join Goldman Sachs as v.p. of credit trading in London in September.
  • Société Générale has launched a new tool for credit portfolio managers that screens single-name credit default swaps by crossing signals from five different, existing models.
  • Aroen Ramnathsing, ex-managing director in interest rates derivatives trading at the Royal Bank of Scotland in Stamford, Conn., is set to join Nomura in a similar role in New York.
  • Troy Bowler, managing director and head of emerging markets rates sales at Barclays in Singapore, has joined ANZ.