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Asian buyers driving callable SSA market have resurfaced in public benchmark deals
◆ 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
SSA
New contracts cannot yet be traded in US
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  • UBS has hired Thomas Merz as head of exchange-traded funds sales for Switzerland and Liechtenstein. Merz most recently was head of ETF sales for the two countries at Credit Suisse.
  • NYSE Euronext and the Taiwan Futures Exchange have signed a memorandum of understanding to explore business opportunities and connect their respective customer bases in Asia, Europe and the U.S. through Euronext’s order routing system with a goal of developing their respective futures and options markets.
  • Wells Fargo has announced it is restructuring its sales and trading operations to create a new markets division at its investment bank, which will include equity and fixed income sales, commodities, prime services and futures clearing.
  • Vanguard has launched the Vanguard Short-Term Inflation-Protected Securities Index Fund, which tracks the Barclays US Treasury Inflation-Protected Securities 0-5 Year Index.
  • The U.S. Securities and Exchange Commission has unanimously voted to seek comment on proposed collateral requirements for swaps that are not being settled at third-party clearinghouses, which if adopted could spike collateral costs for trading firms.
  • Derivative.com, the Zurich-based multi-dealer structured product platform, has begun offering discount certificates.