Analysis
US wrap: Eurostoxx 50 proves popular
The European benchmark index continues to feature in this month's issuance
US Wrap: Accelerated growth and reverse convertibles share the spoils
In a low-issuance US market, accelerated growth structures and reverse convertibles lead the way
The risks of tailoring credit default swaps
Credit portfolio managers could tailor credit default swap hedges as financial guarantees to avoid accounting mismatches on their balance sheet. However, the technique exposes credit hedgers to increased costs and basis risk, argues Dirk Schubert
US wrap: Issuance volumes soar with focus on Barclays reverse convertibles
The US market has picked up at the end of an otherwise modest week. Barclays leads the issuance with its reverse convertibles based on the financial sector
Market Analysis: Effective credit risk analysis
Market participants are conducting credit risk analysis on a growing number of counterparties, many of which are smaller, non-public and unrated firms, says S&P.
Market snapshot
Tim Mortimer of Future Value Consultants reviews the product preferences in the US and UK structured products markets
Half the loss
JP Morgan launched a two-year structured product based on property, homebuilding and financial institutions not long before the bankruptcy of Lehman Brothers. Capital was, of course, lost, but the cost would have been far greater on a direct investment