Swap execution facilities The Dodd-Frank Act mandates that cleared over-the-counter swaps must be traded on an exchange or a swap execution facility (SEF), but scant detail exists on how the latter will work. How will SEFs be defined and what parties will operate them?

Inflation derivatives house of the year - Barclays Capital

Madigan, Peter, (2010)

Municipals - Misery for municipals - A year on from the collapse of the auction rate securities market, short-term variable-rate financing in the US remains scarce. In 2009, municipal issuers face surging costs and low interest rates most can't access.

Madigan, Peter, (2009)

Securitisation - The big clean-up - The US Treasury's Public-Private Investment Program aims to cleanse balance sheets of toxic assets and revive financial markets. But questions remain over who will participate, how assets will be priced and how big a dent the scheme will actually make on the amount of legacy securities still out there.

Madigan, Peter, (2009)