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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
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
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  • Next week the International Swaps and Derivatives Association will submit an implementation plan for resolving conflicts over margin calls to regulators including the U.S. Board of Governors of the Federal Reserve, the U.K.’s Financial Services Authority and Germany’s Federal Financial Supervisory Authority.
  • The European Securities and Markets Authority will charge rating agencies fees to fund the regulator’s expenditure, and will also have the power to fine agencies should they breach forthcoming regulation, according to an amended draft European Parliament legislative document seen by Derivatives Week.
  • Germany has liberalized the ability of foreign counterparties to terminate contracts with German institutions that are subject to insolvency proceedings.
  • HSBC has hired Markit Group senior executive Niall Cameron as its new global head of credit trading to replace Ken O’Brien, who left the firm in August.
  • Mizuho Securities is planning to launch a global derivatives platform in the first half of next year.
  • Lloyds TSB Corporate Markets has brought on Charlie Diebel as head of market strategy, which includes generating daily market analysis and in-depth views on fixed income, rates and currencies.