Structured Credit Investor SCI’s 5th Annual Capital Relief Trades Seminar 17 October 2019, London

Secondary markets

The post-issuance trading or buying and selling of instruments, including, but not exclusively, asset-backed securities or ABS; commercial or residential mortgage-backed securities or MBS or CMBS or RMBS; collateralised debt obligations or CDOs; and collateralised loan obligations or CLOs takes place in the secondary market. Prices established in the secondary market are seen as an efficient means of deriving the value of similar products for valuation purposes.

  • Transparency drive

    Robert Vincini, head of pricing service specialists at Thomson Reuters, answers SCI's questions

    Q: How and when did your firm become involved in the pricing and valuations business? How has your s...

    Provider Profile    23 May 2016
  • SCI Start the Week - 23 May

    A look at the major activity in structured finance over the past seven days

    Pipeline ABS additions to the pipeline carried on last week at a good pace, as 11 such deals joined...

    News    23 May 2016
  • US CLOs weaken

    The late start to the week for the US CLO secondary market saw signs of weakness yesterday and tone...

    SCIWire    19 May 2016
  • Countrywide pay-outs 'positive'

    A New York Supreme Court decision last week ordering trustee BNY Mellon to make US$7.9bn worth in ca...

    News Round-up    19 May 2016
  • CDO trading abuses alleged

    Megan Messina, a Bank of America md and co-head of structured credit products, has filed a discrimin...

    News    19 May 2016
  • Upgrades boost Spanish RMBS

    The Spanish RMBS sector continues its recovery, with Moody's last week upgrading 200 classes of Span...

    News    19 May 2016
  • Euro secondary strong but slow

    Sentiment remains strong across the bulk of the European securitisation secondary market but away fr...

    SCIWire    19 May 2016
  • MBS trading, sales teams boosted

    KeyBanc Capital Markets has expanded it fixed income sales and trading platform with the appointment...

    Job Swaps    18 May 2016
  • Fund targets new structured opportunities

    Semper Capital Management is prepping a new alternative asset strategy to seize new opportunities in...

    Job Swaps    18 May 2016
  • Small-value sales due

    The New York Fed's open market trading desk intends to conduct two small-value agency MBS sales oper...

    News Round-up    18 May 2016
  • US CLOs still becalmed

    The US CLO secondary market remains becalmed this week so far. After a fairly quiet end to last we...

    SCIWire    17 May 2016
  • Euro secondary slumbers again

    Yesterday saw another sleepy start to the week for the European securitisation secondary market. A...

    SCIWire    17 May 2016
  • Call for clarity

    Valuation uncertainty adds to liquidity debate

    Banks' diminished market-making capacities and shrinking inventories are taking their toll on liquid...

    News Analysis    16 May 2016
  • FNMA NPLs scooped up

    Goldman Sachs is the latest winning bidder in Fannie Mae's ongoing process of sell...

    News Round-up    16 May 2016
  • SCI Start the Week - 16 May

    A look at the major activity in structured finance over the past seven days

    Pipeline While ABS additions to the pipeline were steady last week, they were joined by a greater v...

    News    16 May 2016
  • Countrywide partial judgement approved

    The severance order and partial final judgement for 512 of the 530 trusts subject to the US$8.5bn Co...

    Job Swaps    16 May 2016
  • Freddie offers new NPL batch

    Freddie Mac has put up for auction a further US$135m of NPLs. The loans are serviced by JPMorgan and...

    News Round-up    13 May 2016
  • Value to be had in card ABS

    The first euro-denominated credit card ABS of the year priced this week, helping to chip away at the...

    News    12 May 2016
  • Countrywide pay-out nears

    The New York Supreme Court last week received a proposed severance order and partial final judgement...

    Job Swaps    12 May 2016
  • Euro secondary still sluggish

    Activity continues to be sluggish in the European securitisation secondary market despite the tone r...

    SCIWire    12 May 2016
  • Insurers' structured holdings slip

    Life insurers held more than US$380bn of structured products securities at the end of 2015, which We...

    News    10 May 2016