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CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
SSA
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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  • Investors should buy dual digital options on the Australian dollar/U.S. dollar against the USD/Mexican peso, according to strategists at Société Générale.
  • Malaysia’s central bank, Bank Negara Malaysia, is liberalizing its fx and interest rate derivatives markets.
  • HSBC in Australia could issue partial capital protected reverse convertible structured products to domestic investors in the early second half of the year, a first for the firm in the country.
  • FIG
    Moody's reckons the ECB's long term refinancing operation is credit negative for Europe's banks. It's hard to square this with the relief it is providing the sector, but the agency is right to warn of the dangers of relying on central bank funding.
  • US regulators rightly acted to boost money market funds’ resilience to shocks after the Reserve Primary Fund “broke the buck” in 2008. But given the funds’ performance during the crises of 2011, further risk reduction proposals are unnecessary and could be detrimental to regulators’ intentions.
  • Global macro-focused hedge funds were buying credit-default swaps on U.S. sovereign debt today.