IOSCO would like to protect incompetent traders from evil High Frequency players, but has not yet found a plausible excuse: In a new consultation paper, the International Organization of Securities Commissions lays out what it …
Search Results for: performance
July 7, 2011
Europeans want a rating agency that follows political instructions: Europe’s leaders are accusing the world’s largest credit-rating agencies of bias in assessing the debt of troubled countries, renewing calls for the creation of a European …
July 6, 2011
Portugal’s downgrade is contagious: Portugal’s downgrade to junk may stifle corporate bond sales in Europe, killing off a mini- revival in issuance spurred by investor optimism about Greece’s efforts to avoid default. “The primary window …
July 5, 2011
FixedResets and new issuers got some ink in the Globe: BCE Inc. (BCE-T38.220.230.61%), which has long history with these shares, is one of the latest firms to tap into this demand, closing a $345-million offering …
July 4, 2011
Nortel’s carcass is worth big bucks: Apple Inc. (AAPL) joined with rivals Microsoft Corp. (MSFT) and Research in Motion Ltd. (RIM) to outbid Google Inc. (GOOG) for a patent portfolio from Nortel Networks Corp. and …
MAPF Portfolio Composition: June 2011
Turnover declined to a trickle in June, to about 3%. Trades were, as ever, triggered by a desire to exploit transient mispricing in the preferred share market (which may be thought of as “selling liquidity”), …
June 30, 2011
Looks like some people think the LSE’s not a bad partner: The biggest rally in three months for Nasdaq OMX Group Inc. (NDAQ) may be the clearest sign yet that investors expect the New York-based …
June 29, 2011
Yellow Media has announced: that the Federal Minister of Industry, under the Investment Canada Act, has approved the sale of Trader Corporation to funds advised by Apax Partners. Completion of the sale remains subject to …
June 28, 2011
Singapore is trying to use bank capitalization as a competitive tool: Singapore said it will set capital levels for local lenders above the global minimum to solidify the city’s reputation as a financial hub after …
June 27, 2011
A deal on Greece may have been reached: Greek creditors may be headed toward an agreement to roll over 70 percent of their bonds into longer maturity debt to prevent a default and meet politicians’ …