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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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  • JPMorgan Chase is said to have made cuts to its prime brokerage division, including Keith Pulsifer, head of prime brokerage services.
  • Morgan Stanley has appointed Takashi Miura to replace the departing Hidetoshi Ohashi as a credit strategist based in Tokyo.
  • Sellside firms are increasing their development of post-trade technology in the listed derivative market, with around USD1.2 billion invested already in 2012.
  • Clearinghouses and central counterparties are becoming more flexible in what they are able to clear and what they will accept for collateral as the year-end deadline for clearing over-the-counter derivatives comes closer.
  • Institutional investors have been buying at-the-money straddles on the euro against the U.S. dollar following more weak data out of Europe this morning, causing spot to move lower on the pair.
  • U.S. prudential regulators need to provide more clarity to end users as to whether or not firms will be able to net exposures across cleared and uncleared swaps, or swaps that are monitored by different regulators, said Ted Macdonald, managing director and treasurer at D.E. Shaw on a panel today.