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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
Japanese firm plucks banker from UBS
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Most Asian end-users are ill-prepared for the incoming U.S. Commodity Futures Trading Commission’s over-the-counter derivatives market reforms, with only a small percentage ready to comply with swap dealer, trade reporting and external business conduct standards.
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Investment by the industry in infrastructure has led to a further decrease in outstanding confirmations, according to the International Swaps and Derivatives Association’s 2013 Operations Benchmarking Survey.
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Sotaro Kato, co-cao of global markets for Asia Pacific at Nomura Securities, and Christopher Murphy, global head of rates and credit at UBS, have been elected to the International Swaps and Derivatives Association’s board of directors.
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Société Générale is pitching a strangle versus strangle strategy on the Eurostoxx 50 to take advantage of the range-bound nature of the index.
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New York-based interdealer-broker ConvergEx has named Joseph Cangemi as ceo of its U.K. unit.
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The European Commission’s antitrust agency will review the proposed deal in which the IntercontinentalExchange will acquire NYSE Euronext, after ICE asked for the review to avoid separate investigations in the U.K., Portugal and Spain.