United States
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The US FIG market rebounded sharply this week as Mitsubishi UFJ Financial exploited a favourable market backdrop and printed the first TLAC eligible senior trade from a Japanese bank.
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Johnson & Johnson and Cisco Systems led an issuance blitz by top rated US blue chips this week as the dollar market enjoyed strong momentum. More than $23bn of corporate issuance came in four sessions.
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The industry-wide unsupported exposure of the derivatives market to collateral settlement failure is $27bn for sellside firms alone, the Depository Trust & Clearing Corporation said this week.
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Two new derivative products that were launched this week suggest an increased focus on alternative sources of beta and exposure to risk premiums.
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TradeStation Group has sold the accounts of its IBFX/TradeStation Forex subsidiary to OANDA as IBFX looks to exit the forex dealer business.
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Regulators should focus on broad outcomes and similarities between US and European Union trading platforms rather than conduct a granular, rule-by-rule comparison of the two frameworks, the International Swaps and Derivatives Association has said.
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Inflation data and distortions from oil prices may lead the Federal Reserve to move faster on raising rates than futures prices imply, BlackRock has warned.
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Nasdaq-listed Jumei International Holding is planning to finance its proposed take private transaction with a combination of loans and equity.
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Markets divisions of many banks have struggled to grow in the years since major post-crisis regulation was passed, but in 2015 equity derivatives was a brighter spot.
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Goldman Sachs had $10.6bn of credit exposure to the oil and gas industry as of December 2015, according to its annual regulatory filing.
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Chinese logistics firm ZTO Express has sent out a request for proposals for an IPO that could raise as much as $1bn, according to sources.
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The Chicago Mercantile Exchange Group (CME) said last week that it is launching a new futures contract in March designed to offer exposure to newly offered equity shares and corporate spin-offs.