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CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
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  • There is an “electronic arms race” going on amongst global banks, says Jeff Feig, global head of g10 fx at Citigroup in New York.
  • The European Union has canceled a Monday meeting with the European Parliament on tougher derivatives regulations after the E.U.’s member states were unable to agree on a negotiating position in the final round of discussions to come up with definitive legal text.
  • BNP Paribas has hired Jazil Ghias as a director in emerging markets equity derivatives sales in New York.
  • End users should buy a U.S. dollar, Australian dollar at-the-money put with a three-month tenor and a strike below parity after Chinese New Year.
  • Aaron Comerford, counsel in Allen & Overy’s derivative practice in Tokyo, has moved to Clifford Chance.
  • Spreads on the Markit municipal bond credit default swap index, MCDX, have tightened by 44 basis points since December 30 prompting at least one buyer to recommend reversing a long position soon and adopt a curve-flattening strategy.