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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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  • Some credit valuation adjustment desks may hold back on trading contingent credit default swap indices because of uncertainty over how much Tier 1 capital they will need to cover their exposure.
  • The International Organization of Securities Commissions has warned regulators about the potential for regulatory arbitrage if clearing exemptions for over-the-counter derivatives are not coordinated.
  • Major investment banks are raking in fees of up to USD2 billion a year by arranging customized equity derivatives in Europe.
  • Investments in new areas such as derivatives and commodities as well as technology upgrades could hurt profit margins at Hong Kong Exchanges and Clearing, suggested CEO Charles Li.
  • Efforts by foreign officials to exempt foreign debt from the Volcker rule face a tough road ahead as the law requires regulators to conclude that expanding the exemption would protect the U.S.’s financial stability as well as banks, according to analysts.
  • The determinations committee of the International Swap and Derivatives Association will meet Thursday to discuss whether Greece’s current restructuring efforts could result in a potential credit event that could trigger payout of credit default swaps referencing the country’s debt.