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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
SSA
New contracts cannot yet be traded in US
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  • Standard Chartered has hired Carsten Stoehr as global head of capital markets.
  • Hong Kong Exchanges and Clearing has named Stephen Marzo as cfo and Henry Ingrouille as its chief administrative officer.
  • Barclays Capital has given Chris Colman, managing director and head of fx derivative trading in Singapore, responsibility for long-dated fx options trading, as part of a management shake up in global fx.
  • Scott O’Malia, a Republican member of the U.S. Commodity Futures Trading Commission, has called on the agency to do a cost-benefit analysis on the impact of proposed swaps regulations so that the CFTC could make “an informed decision” on how to apply the new measures.
  • Credit default swap spreads on Italian and Spanish sovereign debt widened to new records, according to Markit.
  • The U.S. Commodity Futures Trading Commission has broadened its investigation of JPMorgan Chase relating to its billions in credit derivatives losses, using powers given the agency under the Dodd-Frank Act to monitor certain “manipulative and deceptive conduct.”