Free content

MeesPierson is marketing a single-tranche collateralized debt obligation with a constant-maturity swap payoff to its high-net-worth clients.

Five-year credit default swaps spreads on Nortel Networks Corp. tightened to 265bps on Wednesday, recovering from a 75 basis point spread widening the week before.

This week's Learning Curve focuses on non-deliverable options and the potential of the Chinese derivatives market.

Foreign exchange traders saw the euro/dollar spot rate crash through options barriers last week as the single currency carried on strengthening through the USD1.30 mark.

Principal Global Investors (Australia), part of Principal Global Investors with assets totaling over USD90 billion worldwide, is planning to trade credit derivatives on global reference entities in Australia.

Standard Chartered Bank has hired Dong Chan Kwan, fixed income portfolio manager at Samsung Investment Trust Management an interest rate trader for the domestic market in Seoul.

Société Générale is planning to issue a seven-year capital-guaranteed note next month that will be linked to funds at four large European fund of funds firms.

Tighter spreads, lower subordination levels and a huge influx of cash have prompted interest in both sides of synthetic structure trades in the commercial mortgage-backed securities market, according to DW sister publication Real Estate Finance & Investment.

Singapore's United Overseas Bank is gearing up to manage a pair of collateralized debt obligations in the coming months.

Theta Capture, a long-short hedge fund managed by Athens, Ga.-based Liberty Street Asset Management, is hedging its exposure to falling equity markets through VIX trades.

Wessex Water is considering entering the sterling inflation swaps market to hedge its next bond issue.

Two UK financial institutions ? Aviva and Royal Bank of Scotland ? showed the remarkable elasticity and dynamism of the tier one capital market this week by pricing a likely Eu2.6bn of paper that attracted Eu7.4bn of demand.