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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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  • GFI Group has announced that it will launch a new electronic trading system designed for hybrid execution of cleared interest rate swaps.
  • Goldman Sachs has been named by Greenwich Associates as global leader in both over-the-counter energy derivatives and global OTC commodities derivatives.
  • The U.S. Securities and Exchange Commission has approved the Depository Trust & Clearing Corp.’s “one-pot” crossing-margining arrangement between fixed-income positions cleared by DTCC and interest-rate futures positions cleared by New York Portfolio Clearing.
  • Ticonderoga Securities has formed a global fixed income group headed by Martin Teevan and Alan Alsheimer as global head of fixed income and head of U.S. fixed income, respectively.
  • Moody’s Investors Service is said to be losing its Yuri Yoshizawa, its managing director of global structured credit, at the end of June.
  • The Oklahoma State University Foundation plans to utilize options on volatility in the near future. That’s after deploying a small portion of its funds in buy-write option strategies through money managers Gargoyle Group and others for the past two years, according to Gary Trennepohl, trustee of the foundation and finance professor at OSU.