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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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  • UBS has hired Pascal Hughes, an ex-senior gilts trader at HSBC in London, in a role responsible for both cash bonds and interest rate derivatives trading.
  • Morgan Stanley has launched a 12-year callable note with a conditional 7-7.3% annual coupon referencing the S&P500.
  • The volume of Austrian banks’ off-balance sheet derivatives grew by 13% to a record EUR2.586 trillion at the end of July, but the country’s central bank admitted that is does not have an accurate picture of how much risk is involved in the transactions.
  • The Singapore Exchange will become the first country in Asia to clear over-the-counter financial derivatives.
  • The London Stock Exchange reportedly has been talking with banks in Europe and the U.S. about participating in the building and funding of a clearinghouse in London.
  • The International Cocoa Organization has told NYSE Liffe that it urgently needs rules governing its futures activity.