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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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  • Credit Suisse has named Sumit Jalan as head of its Indian equity capital market business.
  • Credit default swaps on banks have a widened to near record over reports that Spanish lenders would have to raise USD60 billion in capital to counter massive write-downs as a result of fallen housing markets and government bond losses.
  • Commissions earned in the global options industry are expected to rise 15% this year above the current USD3 billion level, according to TABB Group.
  • Nomura Holdings reportedly has hired Roland Lang to run its equity derivatives team in Frankfurt.
  • Ambac Financial Group has commuted its remaining USD16.4 of exposure to collateralized debt obligations of asset-backed securities.
  • RBC Capital Markets has released another structured note linked to an investment strategy designed by EquityCompass Strategies. The boutique firm approached the bank last year about marketing its Risk Management Strategy to retail investors as a structured product--a move that has proven successful for both companies.