$2.4B-Massive Cash Outflow From High Yield Bond Funds, Largest In 13 Months
Retail-cash outflows from high-yield funds totaled $2.4 billion in the week ended July 23, with an outflow of $1.3 billion from mutual funds expanded upon by an outflow of $1.1 billion from exchange-traded funds, according to Lipper.
Credit Suisse replaces Barclays as biggest swaps clearer
July 17, 2014--Credit Suisse has leapfrogged Barclays to become the biggest over-the-counter derivatives clearer in the US, as measured by the amount of client margin its futures commission merchant (FCM) is required to hold.
Exclusive: SEC targets 10 firms in high frequency trading probe-SEC document
July 17, 2014--The U.S. Securities and Exchange Commission has been seeking information on 10 registered broker dealers as part of an ongoing investigation into high-frequency trading strategies, according to an internal SEC document reviewed by Reuters.
China Rate Swap Jumps as Bond Sales Pulled Amid Default Risk
July 17, 2014--China's interest-rate swaps jumped the most in a year and at least four companies scrapped debt sales amid concern the nation faces what would be the second default in its $4.4 trillion onshore bond market.
Bond Fee Disclosures Sought by SEC to End 38-Year Debate
July 17, 2014--After a 38-year debate on how to make trading costs for corporate and municipal debt transparent, regulators are making another attempt at forcing dealers to disclose how much they earn on the transactions.
July 28, 2014--Saudi Stock Exchange "Tadawul" index closed at the end of last July at 10214.73, up 7.38 % compared to June, which is the highest rate since 2008.
