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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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  • Russia’s VTB Group has hired Konstantin Limitovsky as vice chairman.
  • Citigroup has hired Daniel Mitchell, former co-head of Central and Eastern Europe, Middle East and Africa options trading at the Royal Bank of Scotland in London, as a CEEMEA fx options trader, also in London.
  • Corporates in Asia are buying one-year onshore China yuan, U.S. dollar straddles, with a strike of CNY6.35, in preparation for two-way volatility in the currency pair next year, according to fx traders.
  • Banks will be required to hold more capital against exposures to central counterparties should a draft regulation from the European Commission be enacted.
  • Rep. Scott Garrett, R-N.J., vice-chairman of the House Budget Committee, criticized the lack of coordination between the Commodities Futures Trading Commission and the Securities and Exchange Commission on regulation at the SEFCON III conference in New York today.
  • The Depository Trust & Clearing Corp. has filed a motion U.S. District Court in Washington, D.C., to join the U.S. Commodity Futures Trading Commission as a defendant in the suit filed against the CFTC by CME Group aimed at blocking swap regulations.