Henriques poached by HilltopSecurities
HilltopSecurities has named Drew Henriques co-head of High Yield Municipal Trading, having poached him from Citi. He had been a high yield municipal trader...
Call for regulatory reform of primary markets
By Chris Hall.
Panellists were split on whether regulatory intervention is needed to improve transparency and efficiency in a debate on electronification and standardisation of...
Bloomberg Indices capitalises on growing leveraged loan market
Bloomberg has expanded its leveraged loan indices to both European and global markets, building on growth in the European market and increased client demand.
Jasvinder...
How to gear up for derivatives trading in 2022
Investment managers looking for better access to credit derivatives see next year as an opportunity to test new products. The DESK speaks to David...
Primary held in check by tariff and rate uncertainty
Gross credit issuance has fallen in developed markets, according to data from Dealogic and Morgan Stanley, across investment grade (IG) and high yield (HY).
DM...
The inaugural European Markets Choice Awards – shortlist
Best Execution and The DESK are delighted to announce the inaugural European Markets Choice Awards sponsored by Instinet and Tradeweb.
The Awards recognise excellence and...
Calls on UK to issue first green sovereign bond with 10 to 12yr maturity...
A majority of investors and banks are calling on the UK government to issue its maiden sovereign green bond with a 10–12-year maturity next...
Rising rates but falling demand
Analysis by JP Morgan’s Global Markets Strategy team, Nikos Panigirtzoglou, Mika Inkinen and Mayur Yeole has cast an interesting light on the prospects for...
BofA: Analysis sees surprise future drop in inflation
A report by Bank of America Securities (BofAS), using its BofA Global Proprietary Signals, has found that the futures market is indicating that inflation will...
Rising rates hit high yield availability
Despite some optimistic outlooks on bond issuance in 2023, high yield bonds are clearly seeing a decline in Europe, based on data from the...
Origination: Mars issues US$26 billion to acquire Kellanova
Mars Inc has issued US$26 billion in senior notes in a private transaction to fund its acquisition of snacking company Kellanova, formerly Kellogg’s.
The offering...
Market data ‘Bill of rights’ opens discussion on transparency, accessibility and ownership
A week after the UK’s Financial Conduct Authority announced a consultation into buy-side access to data and benchmarks, bond pricing specialist BondCliQ and data...
