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CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
SSA
New contracts cannot yet be traded in US
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
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  • The Federal Court of Australia has ruled that Standard & Poor’s misled investors when it assigned a AAA rating on constant proportion debt obligations notes created and sold by ABN Amro and that lost 90% of their value in less than two years.
  • UBS has begun revamping in its investment bank, dividing it into a corporate client solutions division and a new investor client services unit.
  • Middle-market investment bank Stifel Financial and rival KBW have agreed to merge.
  • Barclays has made several rule changes to its emerging-markets, high-yield, U.S. ABS/U.S. aggregate, global aggregate and inflation-linked indices, effective March 31.
  • Roberto Hoornweg is leaving as co-head of fixed income at UBS, with Rajeev Misra expected to be named to solely run the unit.
  • The Singapore Exchange reported derivative trading volume was up 20% in October versus a year ago, and the volume of cleared over-the-counter interest rate swaps was up 15%.