Monday 3rd August 2015
NEWS TICKER, FRIDAY, JULY 31ST: US bond markets expect a $900m issue from the Metropolitan St. Louis Sewer District as early as next year after its rate commission voted yesterday to back the district’s plan to tap the markets. The bonds will continue financing a $4.7bn capital program required by the Environmental Protection Agency (EPA) to keep sewers in St. Louis and St. Louis County from regularly overflowing into area creeks and rivers. Already, the district has put $600m toward sewer projects in St. Louis and St. Louis County. MSD customers can consequently continue to expect annual sewer bill hikes each summer. In 2012, the average customer paid $29 monthly. This month, bills rose to an average of $41. After this bond issue, the monthly sewer bill will cost the average household $61 by 2019 - JP Morgan has hired Lebo Moropa, giving the bank its first dedicated prime brokerage and equity finance presence in South Africa, reports Securities Lending Times. Former HSBC trader Moropa has joined the bank in Johannesburg and will focus on synthetic and cash prime brokerage and securities lending, including delta one and will report to Paul Farrell in London. Moropa was a delta one trader at HSBC and has worked for JP Morgan before– Apulia Finance has informed the Luxembourg Stock Exchange of its intent to issue a securitised paper, backed by residential mortgage loans originated by Banca Apulia. The issue date is August 6th and the deal is lead managed by BNP Paribas who is also joint arranger with Finanziaria Internazionale Securitisation Group. Swap counterparty in the transaction is Canadian Imperial Bank of Canada and the clearers are Euroclear and Clearstream. Funding is at three month Euribor with a spread of 0.40% before the step up date and 0.80% after the step up date. The deal is worth a combined €170m of which €153m are Class A asset backed floating rate notes due 2043; €6.79m Class B asset backed notes and €9,84m are Class C asset backed floating rate notes – all due 2043.

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Taiwan's Yuanta Futures joins NYSE Liffe

Monday, 11 June 2012
Taiwan's Yuanta Futures joins NYSE Liffe NYSE Liffe, the European based global derivatives division of NYSE Euronext, today announced that Taiwanese brokerage Yuanta Futures, will become a member of NYSE Liffe’s London and Paris markets. Customers of Yuanta Futures will have the option of accessing the exchange's market leading technology services, such as colocation or order routing, through the broker. Yuanta Future is the exchange’s second Taiwanese member. http://www.ftseglobalmarkets.com/

NYSE Liffe, the European based global derivatives division of NYSE Euronext, today announced that Taiwanese brokerage Yuanta Futures, will become a member of NYSE Liffe’s London and Paris markets. Customers of Yuanta Futures will have the option of accessing the exchange's market leading technology services, such as colocation or order routing, through the broker. Yuanta Future is the exchange’s second Taiwanese member.

“As a part of our initiative to become a leading regional broker, we have recently obtained licenses to operate in Hong Kong. We have also joined NYSE Euronext’s derivatives trading community – which is the 10th international exchange we have become a member of,” says Ted Ho, chairman, Yuanta Futures. “This latest membership illustrates that we are committed to being active participants in the global markets by providing outstanding brokerage services and more trading opportunities to our clients.” 

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