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D.A. Davidson, a broker-dealer catering to commercial banks, thrifts and insurance companies, is expanding its focus on taxable fixed income.

Speech by Mr Joseph Yam, Chief Executive of the Hong Kong Monetary Authority, at International Centre for Banking and Monetary Studies, Geneva,9 November 2004.

Speech by Malcolm Knight, General Manager of the BIS, at the Toronto Centre Executive Forum, 9 November 2004

ABN AMRO has hired Jaspreet Khaira, structured products marketer at UBS in London, to cover U.K. institutional sales.

Credit-default swaps referenced to British Airways tightened 15 basis points last week to 225 basis points after the airline announced better than expected results.

ABN AMRO is looking to link retail investment products to the weather, including instruments which payout according to precipitation or temperature.

Calyon was recently appointed a market maker for the nascent Koribor floating rate benchmark and the bank expects trading in products referenced to the rate to take off next year.

Centrica, a U.K. electricity and gas supplier, will hedge its wind exposure when its first wind farms start running next year.

The Committee of European Securities Regulators is discussing a directive, which could mean more regulation for weather derivatives and hinder the ability of boutique shops to operate.

Ericsson is taking its first step toward using credit derivatives by preparing a business case to take to its board for approval.

Corporates falling under the European Commission's emission energy trading scheme may increase their use of weather derivatives, Claire Byers, emissions trader at Fortis Bank in Rotterdam, told delegates.

Implied volatility on the euro/U.S.dollar currency pair dropped last week as market players started to sell euro options.