North America
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GlobalCapital is pleased to announce the preliminary shortlist of nominees for its Global Derivatives Awards 2016. Nominations are based upon market feedback and research conducted in recent months. Winners will be unveiled at a gala dinner in London in September. -
Tullett Prebon has entered an agreement to buy Creditex’s US hybrid voice broking business from Intercontinental Exchange.
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EBS BrokerTec, ICAP’s electronic fixed income and foreign exchange business, has made a senior hire from Tradeweb to lead its BrokerTec Direct team for the Americas.
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Tradition has entered a strategic partnership with LMRKTS to execute and compress foreign exchange forwards contracts.
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The leveraged loan market remains one of the biggest sources of concern for the US Federal Reserve, which has cited it as the 'primary contributor' to the number of inadequate credits it examines.
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Increasing calls for insurers to divest from companies with a large proportion of coal-fired generation activities could prompt a sell-off of certain utility company bonds, according to a report by bond research firm CreditSights.
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US domestic issuers peppered the dollar market across the capital structure with a flurry of smaller deals this week that were gobbled up by yield-hungry investors and rounded off a strong month for issuance.
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Unilever this week smashed the record for the lowest coupon on a 10 year dollar deal issued by a European borrower as it jumped into the market ahead of blockbuster prints from Verizon and Apple.
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ISDA’s Determinations Committee has scheduled an auction to resolve credit default swaps referencing Puerto Rico, while in a separate auction dealers settled a low final price on Portugal Telecom International Finance contracts.
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Intercontinental Exchange has appointed a founding member of the Bank of England’s Monetary Policy Committee as a director of ICE Benchmark Administration.
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An auction to settle senior credit default swaps referencing the Commonwealth of Puerto Rico will take place on August 17, the International Swaps and Derivatives Association’s Determinations Committee has agreed, following the US territory’s failure to pay credit event.
