Blog

Our thoughts on news that matters.

Why All the Fuss?

One of our clients commented in passing: What is behind all of the interest in electronic bond platforms all of a sudden? The electronification of the bond market has been a topic of discussion for a while, but lately we’ve seen a flurry of activity and press.  So what gives? There are a few basic […]

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News Flash: Bond Trader Lies

Give the children their ear-muffs; don’t let them hear. We must report to you that a bond trader may have lied. Bond Traders are Old School The trader in question may have misrepresented the price at which he bought the bond. He may have misrepresented who the actual seller was (it was his own firm, […]

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RMBS 3.0 and SFIG

Hey, SFIG is right, securitization IS an essential source of core funding for the real economy. We are excited that DealVector can be a part of several SFIG (Structured Finance Industry Group) working groups driving toward a better RMBS 3.0 product. Meetings have just begun. We are on three committees: 1 -Reps, Warranties and Repurchase […]

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When Biz Dev equals Product Delivery

Wouldn’t it be nice if your inventory went UP, instead of down, with every sale? That is sort of what it is like for us at DealVector. Every client mandate gives us more things to talk about with the next client. In this way, bizdev becomes almost the same thing as customer fulfillment which becomes […]

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The Buzz at ABS Vegas

Good energy and optimism at ABS Vegas — and even the turn-out was good despite the weather on the east coast stopping flights. Not quite the old days but getting there. Lots of “constructive engagement” on regulatory issues in the context of what feels like a market with strong and increasing demand. At DealVector we […]

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Too Small to Fail?

After standing up investors in the TruPs market like prairie dogs with a lion nearby, Volcker regulators told them to relax this week. Cancel red alert. No forced selling at the present time will be required. You are exempted.   The interim rule will allow CDOs with TruPs collateral issued by small banks (less than […]

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Trustees: cheating, or just not that into you?

Dear DealVector: Is it better to have your man cheat on you, or ignore you? How about your Trustee? – Left in the Lurch   Gretchen Morgenson’s recent assessment (“Who has your back? Hard to Tell”) of Trustees’ conflicted behavior in high-profile litigation is straightforward, compelling, and brutal.  Cheaters … The charge is that the […]

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New Collateral

Talk about good looking! I’m describing our new marketing collateral, of course. The DealVector team shows off its updated marketing booth at the Opal CLO conference. If you squint really hard (and can take your eyes away from these good looking guys) you can just see our Best Newcomer tombstone on the right …  

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OUTSOURCED CYA

We’ve had a few more thoughts on the role of the Trustee in the JPM settlement, as a follow-up to our earlier post (below).   In the second Godfather movie, Willi Cici is questioned by Senator Pat Geary as to the protective procedures that the family had in place when issuing orders to him. Was […]

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We have over $2 trillion of deals loaded on the platform already. And the industry has noticed.