Dear Derivatives Week subscriber: 

Catch the latest breaking news in this week's issue by clicking 
here: http://www.derivativesweek.com 

Top stories this week: 
________________________________________________________ 
CONVERTIBLE ARB FUNDS KEEN FOR CREDIT DEFAULT SWAPS. 
There's a new type of customer snapping up credit default swaps in the U.S.-- 
convertible arb funds. Find out why they're using credit default swaps, and 
how 
they're influencing the market in this week's issue. 

DRESDNER HONCHO JUMPS TO MERRILL. 
Someone important at Dresdner Kleinwort Benson has moved to Merrill 
Lynch. Find out who in this week's issue. 

ECB RATE HIKE SPURS CMS DEMAND. 
European insurance companies are putting on constant maturity swaps. 
Find out why they expect the euro curve to steepen in this week's issue. 

INDONESIAN INSURER GETS READY FOR SWAPS; OTHERS MAY FOLLOW. 
Find out who in Indonesia is prepping for their swap debut, and why they 
expect 
others to follow.? 
________________________________________________________ 

As a DW subscriber, you are eligible for complimentary access to the 
Subscribers Only area of the <www.derivativesweek.com> site, which 
contains the current issue and a searchable archive of all past issues. 
Use your User ID and Password to access the entire site. If you don't 
have these yet, hit 'REPLY' to this email, fill out the proper information 
below, and send it back to me. I'll get you set up right away! 

=============================== 

Newsletter Title: 
My name is:
My company is:
My city location is: 

I choose my new user name to be:
I choose my new password to be: 

=============================== 
? 
If you'd prefer, call our Customer Service Department at 212-224-3800 
and give them the information above. 

>>>>>>>>>>>>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<<<<<<<< 
YOUR USER NAME AND PASSWORD ARE FOR YOUR PERSONAL 
USE ONLY.? THEY MAY NOT BE SHARED WITH ANYONE AND 
NO ONE ELSE SHOULD ACCESS THE SITE WITH YOUR USER NAME 
AND PASSWORD. 
>>>>>>>>>>>>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<<<<<<<< 

If you have questions, comments or suggestions, please do not hesitate 
to call me at 1-212-224-3034. 

Thanks and enjoy this week's issue. 

Jim Beecher 
Publisher 

NOTE: You will receive weekly updates of the hottest stories in 
Derivatives Week. These are not random mass mailings but 
rather one-time messages for your personal attention. If you do 
not wish to continue to receive these notices, please click 'reply', 
type 'remove' and enter your name and company. You will then 
be removed from our email database. 

-----------------------------------------------Announcement-------------------
---------------------------------------- 
WHAT'S THE ROLE OF INVESTMENT ADVICE FOR ONLINE BROKERAGES? 
Find out by joining a live, interactive discussion on the Web site of 
Financial NetNews, 
a {Name of Newsletter} sister publication, on June 27 at 1:30 pm.? Ask your 
questions and gain insight from key industry players such as J.P. Morgan and 
Merrill Lynch. 
Register now!? Call 212-224-3429.? Email ubhate@iinews.com or 
log onto http://www.financialnetnews.com/fnn/static/chatno2.html. 
------------------------------------------------------------------------------
------------------------