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◆ Public sector issuers embrace hedge fund bid... ◆ ... as they flex in the swap market ◆ Car makers welcomed back to bond market
CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
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New contracts cannot yet be traded in US
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  • Keiran Ramsay, head of Australian dollar rates trading at the Royal Bank of Scotland in Sydney, is joining Nomura Securities as head of short-term interest rate trading
  • Tokyo-based Simplex Asset Management is set to list two new inverse and leveraged synthetic exchange-traded funds on the Tokyo Stock Exchange.
  • David Korpi, director in U.S. dollar swaps trading at Deutsche Bank in New York, has left the firm.
  • The Australian Securities & Investments Commission has issued its latest health check of the structured-products sector, finding, among other things, that there are far more disputes against advisers than product providers, though the number of investment disputes against product providers is rising.
  • The Depository Trust & Clearing Corp. has filed a lawsuit against the U.S. Commodity Futures Trading Commission claiming the agency “sanctioned anticompetitive behavior" with its new rules for reporting swaps.
  • The Shanghai Clearing House said onshore clearing of over-the-counter derivatives in China will be delayed until the end of 2013 or early 2014.