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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
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
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  • The European Energy Exchange will introduce day and weekend futures to supplement its existing Phelix futures with a weekly, monthly, quarterly and yearly delivery period.
  • Credit Suisse is relocating its back-office investment banking positions in Dubai to Qatar, where the Swiss bank believes it could tap into sovereign wealth funds located there.
  • Bill Templer, who in January left Morgan Stanley as global co-head of listed derivatives, has launched Faventus Consulting, which will provide advice on sales, trading, technology and regulation to firms in the futures market.
  • The volume in global equity capital markets has fallen 15% in the first nine months of 2012 to USD450.2 billion, compared with a year ago, according to Dealogic.
  • An Australian federal court has rules that Lehman Brothers was liable for AUD248 million (USD258.3 million) in losses claimed by councils, charities, churches and private investors who bought complex derivatives from the investment bank.
  • The Royal Bank of Scotland said it will cut 300 investment-banking jobs in addition to the 3,500 it had targeted by the fourth quarter of 2013.