Fisher says that central banks are pushing on a string: Federal Reserve Bank of Dallas President Richard Fisher said adequate economic stimulus is in place and that global central banks may not have the capacity …
Search Results for: performance
August 7, 2012
The Bloomberg editorial board wants more paperwork: The Securities and Exchange Commission last month took a half-step by requiring markets to build a $4.1 billion system that can generate audit trails of all transactions. The …
MAPF Portfolio Composition: July 2012
Turnover declined in July, to a very low 2%. There is extreme segmentation in the marketplace, with OSFI’s NVCC rule changes in February 2011 having had the effect of splitting the formerly relative homogeneous Straight …
August 3, 2012
Good news! The CEO of RBS says LIBOR rigging isn’t his fault: Royal Bank of Scotland confirmed for the first time on Friday it had dismissed staff over an interest rate rigging scandal but the …
August 2, 2012
There’s some jostling over the YLO reorg: Law firm McMillan, counsel for the company’s lenders, said Wednesday the lenders, who weren’t specified, are owed a principal amount of $369-million by Yellow Media as of Sept. …
August 1, 2012
It was a black day for Canadian capital markets: Maple Group Acquisition Corp. has won control of TMX Group Inc., with 91 per cent of shares tendered to its takeover offer worth about $3.8 billion. …
TA Downgraded to P-3 by S&P
Standard and Poor’s has announced: We are lowering our long-term corporate credit and senior unsecured debt ratings on TransAlta Corp. to ‘BBB-‘ from ‘BBB’. We are also lowering our global scale preferred stock rating on …
July 31, 2012
Pragma Trading provides an interesting perspective on high frequency trading: Market making is an important function in the smooth operation of markets. In theory, there should be a natural equilibrium: market makers will compete only …
July 30, 2012
It was a good day for the Canadian preferred share market, with PerpetualPremiums winning 12bp, FixedResets up 3bp and DeemedRetractibles gaining 2bp. Volatility was average. Volume was very low. HIMIPref™ Preferred IndicesThese values reflect the …
July 27, 2012
It was a mixed day for the Canadian preferred share market, with PerpetualPremiums off 2bp, FixedResets up 11bp and DeemedRetractibles gaining 8bp. Volatility was minor. Volume was extremely low. HIMIPref™ Preferred IndicesThese values reflect the …