Securities Finance

NewEuroMTS Launches

NewEuroMTS, the market for trading euro denominated government securities of the EU Accession States and which is aimed at promoting the efforts of the EU Accession States towards integration into the European fixed income capital markets, was successfully launched on

JSDA Publishes JGB Grey Market Guidelines

Japan Securities Dealers Association (JSDA) recently announced guidelines to introduce "when issued transactions" of Japanese Government Bonds (JGB), which allows market participants to deal JGB trades earlier than the issuing day and execute the settlement on or after the issuing

Wachovia Buys Met West, Says Reuters

Wachovia has agreed to buy Metropolitan West Securities LLC, a specialist in third-party agent securities lending and short-term bond asset management, according to a Reuters report.