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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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  • Numerix has released the latest version of LiquidAsset, its program for pricing and risk analysis of debt and derivative instruments.
  • RBC Capital Markets is said to have hired Oliver Hearsey to focus financial institution equity capital markets.
  • Royal Bank of Scotland is said to be planning an overhaul global banking and markets division, its investment-banking unit, which could result in additional 5,000 lost jobs.
  • The heads of the U.S. Securities and Exchange Commission and the U.K.’s Financial Services Authority have met to discuss cross-Atlantic regulatory reform and oversight of over-the-counter derivatives and clearing as part of its regular strategic dialogue sessions.
  • Baring Asset Management has named John Burns to succeed the retired John Misselbrook as coo.
  • The focus of the U.K. Structured Product Association will be to educate intermediaries and investors leading up to the implementation of the U.K. Retail Distribution Review, Jamie Smith, the newly elected chairman of the U.K. SPA and head of distribution at Lloyds Banking Group, told Derivatives Intelligence.