Sentences with phrase «in swap markets»

The odds of a September rate cut have risen to 31 percent from 18 percent a week ago based on trading in swaps markets.

Other factors may have been a degree of illiquidity in the swap market in the face of large increases in private sector bond issuance and rising interest rates.

The odds of a rate hike at the Bank of Canada's next meeting on Jan. 17 soared to 70 per cent, from 40 per cent yesterday, based on trading in the swaps market.

Not exact matches

The swap was made possible by Bank of America's decision in June to boost its dividend 60 %, after the Charlotte, North Carolina - based lender passed a Federal Reserve «stress test» of its ability to navigate tough markets.

Their market capitalizations — a byproduct of their stock prices — briefly swapped in ranking at just below $ 500 billion because of Apple's increasingly depressed shares (aapl).

A pioneer in the used gift - card market, Swapagift lets consumers mail in cards they don't want or bring them to one of 600 Swap - agift kiosks inside financial services storefronts such as Western Union.

The deal will see the U.S. grocery giant swap its Yihaodian platform for a 5 percent stake in JD.com Inc., worth about $ 1.5 billion by the firm's latest market value.

«Requiring the banks to pay treble damages to every plaintiff who ended up on the wrong side of an independent Libor ‐ denominated derivative swap would, if appellants» allegations were proved at trial, not only bankrupt 16 of the world's most important financial institutions, but also vastly extend the potential scope of antitrust liability in myriad markets where derivative instruments have proliferated,» the U.S. Court of Appeals in New York said in the ruling.A U.S. appeals court on Monday revived private antitrust litigation accusing major banks of conspiring to manipulate the Libor benchmark interest rate, in a big setback for their defense against investors» claims of market - rigging.

After plunging to a record low of 15.95 to the U.S. dollar on September 25, the Argentine peso clawed its way back to 8.5525 on Monday as a crackdown on trading, a bond sale and a currency swap with China curbed transactions in both the legal and underground currency markets.

Credit default swaps figured prominently in the financial crisis, notably in the near - collapse of American International Group, a giant insurer that sold protection to investors in home mortgages but couldn't pay out on the policies when the housing market crashed.

Figuring out ways to regulate trading by sophisticated investors in derivatives, which go by exotic names such as «currency forwards» and «credit default swaps,» is a hot topic in international policy circles, largely because failures on this murky side of the market are blamed for the 2008 global credit meltdown and the recession that followed.

To consolidate its foothold in domestic or even the global market, the music group has just reached an equity swap agreement Spotify ahead of the rumored IPO.

International banks active in the Australian market are generally already actively clearing Australian dollar - denominated interest rate swaps via offshore entities that participate in LCH.Clearnet's London - based SwapClear service or CME Clearing in the United States.

In the 1990s he fought efforts to regulate derivatives — that once - opaque corner of the financial market where mortgage - backed securities and credit default swaps, at the centre of the financial meltdown of 2008, were flourishing.

On October 16, 2017, cryptocurrency derivatives trading platform LedgerX began listing swaps as well as put and call options for BTC / USD, financial instruments that are available to the institutional market in the US.

During this time we often also see informal kinds of partial debt forgiveness, for example when sovereign borrowers have repurchased their obligations in the secondary market at steep discounts, often secretly, or exchanged their obligations for other assets at a discount, for example the famous debt / equity swaps in several Latin American countries in the 1980s (see footnote 3).

I have used a fall in exports to show how constrained Beijing's policy choices are, but I could just have easily done the same using as an example any change in the currency regime, the reform of the hukou system, the de-industrialization of the bankrupt northeast provinces, the development of the OBOR and Silk Road projects, changes in interest rates or minimum reserves, protecting the stock market from crashing, the provincial bond swaps, changes in the tax regime, improving energy and environmental policies, and so on.

Each such large - scale price raid produces hundreds of millions of dollars in profits for the criminal orchestrators, not just from the futures market, but from the companion options, swaps and equities markets, all of which act in unison, and in a price - predictable up or down manner.

Most would hedge in New York hours regardless, but stops could be executed cross market in a pinch (i.e. buy 10 year Treasury to hedge a stop loss on a pay fixed swap position).

Gold swaps are trades of gold between central banks, enabling one central bank to intervene in the gold market at the behest of another, keeping the other's fingerprints off the intervention.

Foreign borrowers issuing in Australia and seeking to swap back to their home currency usually receive favourable prices in the currency swap market because of greater demand by Australian borrowers to do the reverse — i.e. borrow in foreign currency and swap into Australian dollars.

The 10 - year swap spread in the United States, for example, has increased in 2000 by about 50 basis points, to a level higher than at the time of disruptions in markets during the LTCM crisis in 1998.

The Rodgers Forge Garden Club, hosted by Elaine Pollack, had a record breaking number of visitors to its first veggie swap / farmers market in early July.

Thus GATA's lawsuit established that the Fed, despite its protests of innocence, has many gold secrets after all even as we managed to pry a couple of those secrets loose and publicize them — first, that the Fed has gold swap arrangements, and second, that in 1997 the Fed was conspiring with other central banks to coordinate their gold market policies, and that there was no announcement of this.

This admission of gold swap arrangements plainly contradicted previous statements by the Fed that it was not involved in the gold market in any way.

This is an exciting development as the margin requirements are modest and there is no better way to replicate over the counter (otc) swaps available in the market at present.

As usual, most offshore issuance was denominated in foreign currencies, with companies typically using swap markets to hedge the proceeds back to Australian dollars.

The corporate bond market is starting to feel a lot like the swaps market did in 2010.

With the recent developments, there has been a marked shift in the nature of the Bank's operations away from foreign exchange swaps to repos in the domestic market, with bank paper as collateral.

The same article indicates that Citigroup is now considered one of the top three market makers in single name Credit Default Swaps in both North America and Europe.

In the OTC space, ICE operates the energy platform ICE OTC Energy as well as credit and swaps markets such as ICE Swap Trade and Creditex.

Table 2 shows that neither inflation indexed bonds nor the swap market expect the Fed to hit its 2 percent PCE inflation goal in the foreseeable future.

Through our integrated voice and electronic platform, we have desks around the world that can meet client demand in these markets, whether it's cash product, credit default swaps (CDS), i - Traxx products or ABS in all its forms.

This fall in spreads was largely a result of the increase in Australian dollar issuance by non-Australian borrowers into the Japanese retail market (the uridashi market) which boosted demand to receive an Australian dollar interest rate under cross-currency swap agreements.

Chances of a rate hike in January fell to 28 per cent from 41 per cent before the announcement, the overnight index swaps market indicated.

Net earnings and net earnings available to common shareholders included a $ 265.3 million one - time income tax net benefit, a $ 53.2 million gain primarily related to non-cash mark - to - market adjustments on interest rate swaps and a $ 37.6 million loss on extinguishment of debt, each of which are discussed later in this release and were treated as adjustments for non-GAAP measures.

IFLR's coverage of the Isda annual general meeting in Miami has outlined the Commodity Futures Trade Commission's (CFTC) chairman Christopher Giancarlo's plans for a proposed reform of the swaps framework to better balance systemic risk mitigation with healthy market activity.

Net earnings and net earnings available to common shareholders included a $ 50.5 million gain primarily related to non-cash mark - to - market adjustments on interest rate swaps, which is discussed later in this release and was treated as an adjustment for non-GAAP measures.

As is usual, most offshore issuance by Australian borrowers was denominated in foreign currencies, with companies typically using swap markets to convert the proceeds back to Australian dollars.

But long before regulators were publicly discussing bringing stability to the credit default swap market, the Intercontinental Exchange plunged in, clearing $ 12 trillion gross in notional amounts from July 27, 2009, to September 21 this year as a service to banks that arrange CDSs.

Rather, the increase in spreads appears to reflect both tightness in the Commonwealth Government bond market (where supply remains limited and demand by foreign investors appears to have increased) and upward pressure on swap rates (one benchmark against which corporate bonds are priced) as companies have sought to lock in fixed - rate borrowings due to expected increases in interest rates.

Most offshore issuance by Australian borrowers in the September quarter was denominated in foreign currencies (with companies typically using swap markets to hedge the proceeds back to Australian dollars).

Eisenkraft is also involved in the Interest Rate Swaps Antitrust Litigation where he is the court - appointed co-lead counsel in an action that alleges that Wall Street investment banks conspired to prevent an alternative market for interest rate swaps from develoSwaps Antitrust Litigation where he is the court - appointed co-lead counsel in an action that alleges that Wall Street investment banks conspired to prevent an alternative market for interest rate swaps from develoswaps from developing.

The cost of protecting speculative - grade bonds against default in the credit - default swap market climbed to its highest level since July 6.

As the global financial system struggles to work its way out of the crisis and regulators in the US and Europe begin the painstaking process of derivatives reform, prime brokers, dealers and other derivatives providers find themselves staring across a dramatically altered market for options, futures, swaps and structured and more - exotic products.

This is in contrast to US and European markets, where corporate bond spreads to swaps have risen over the period.

In 2007, the market for Credit Default Swaps (CDS) was on a six year journey from relative obscurity, to being the hottest financial product in the worlIn 2007, the market for Credit Default Swaps (CDS) was on a six year journey from relative obscurity, to being the hottest financial product in the worlin the world.

The cans are sold in limited editions, not unlike the way street - fashion brands create scarcity and a market for swapping and reselling the product.

HSBC played a significant role in the development of the offshore renminbi market, where it offers deliverable and nondeliverable forward, FX swap and FX option products.

These 10 recipes give simple step - by - step instructions and tell you which types of fish can be swapped in its place — just in case you prefer a certain type or find a lower cost alternative at the market.