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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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  • Investors in Deutsche Börse and NYSE Euronext seem to be resigned to the merger of the two exchanges after E.U. antitrust officials urged the deal to be blocked, arguing that it would stifle market competition.
  • Some hedge funds have been looking to buy recovery swaps on European sovereign debt to play the risk debtor nations may circumvent the credit event triggers in credit default swaps.
  • NYSE Euronext has ruled out making any more concessions to win approval from the European Commission for its proposed merger with Deutsche Bourse.
  • New over-the-counter derivatives regulation have shifted risk to central counterparties rather than eliminate risk altogether as intended, and could drive down hedge fund trading activity, according to GreySpark Partners research.
  • There has been a noticeable increase in the use of credit default swaps as overlays on bond portfolios by non-dealers, according to Niall Cameron, global head of credit trading at HSBC.
  • CME Group is planning to open an office in Belfast, Northern Ireland, according to two country government officials.