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◆ Public sector issuers embrace hedge fund bid... ◆ ... as they flex in the swap market ◆ Car makers welcomed back to bond market
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
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  • Macquarie Group has named Tim Bishop as global head of Macquarie Capital and Michael McLaughlin as president of Macquarie Capital (USA).
  • Some EUR2 billion (USD2.8 billion) was withdrawn from European synthetic exchange-traded funds in the third quarter, the most since Deutsche Bank began keeping records of the activity two years ago.
  • Stephen Jen, a top fx strategist, has launched SLJ Macro Partners, a London-based hedge fund that will focus on trading currencies, but will also use volatility-reducing investments in commodities, equities and fixed income. Click here to read the story from The Financial Times
  • The Depository Trust & Clearing Corp. has applied to the U.S. Commodity Futures Trading Commission to operate a swaps data repository (SDR) across multiple over-the-counter derivatives asset classes.
  • Jefferies has made two senior hires in London as it expands its fixed-income capabilities in Europe.
  • MF Global is said to be under investigation by federal regulators over millions of dollars of investors’ money, the revelation of which is believed to have sunk a deal aimed at selling part of the firm to a competitor over the weekend.