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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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  • Investment advisors are increasingly turning to structured products linked to volatility or with more exotic payoffs and wrapped in certificates of deposit.
  • Advisors Asset Management has added Samson Koo, the former head of equity derivatives origination for Barclays Capital, in a new role as head of derivative products.
  • Swap execution facilities should not be forced to police position limit violations on their own systems, according to Phoenix Partners Group, the parent company of an interdealer for credit default swaps that intends to register as an SEF.
  • The Committee on Payment and Settlement Systems and the Technical Committee of the International Organization of Securities Commissions released a consultative report this morning asking market participants if central counterparties should be mandated to hold enough capital to cover the credit and liquidity risk of one or both counterparties in a given trade.
  • Deutsche Bank has reportedly suspended two senior equity derivative traders in Hong Kong.
  • Proposed Commodity Futures Trading Commission rules on portfolio reconciliation may a heavy burden if applied to certain international firms, specifically those in Asia, who have only recently begun the practice.