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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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  • Liquidnet has expanded its equity capital markets and issuer services with the hiring of Andrew Geissler.
  • CIBC World Markets has expanded its capital markets trading group with the hiring of Mark Downing, Andy Yeoh and Woo Sok Lee.
  • Benoit Savoret, the former coo of Lehman Brothers for Europe, the Middle East and Africa, has joined Nomura today as joint head of global equities in London, in a reshuffle of the firm’s wholesale business.
  • Industry executives are pushing for transparency, including prioritizing the creation of data repositories, and tiered implementation for the swaps rules of the Dodd-Frank Act.
  • Nine of the 61 positions the Hong Kong Securities and Futures Commission hopes to add this fiscal year will be focused on structured products or derivatives, according to a budget presented to the Hong Kong Legislative Council on Monday morning.
  • Leveraged funds and real money investors are approaching dealers for trades that allow them to capture the upside from the basis between the Hong Kong-based reniminbi market (CNH) and the onshore renminbi market (CNY).