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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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  • Germany may ban long euro currency derivatives. The government announced it was planning to expand an earlier short sale ban to certain currency derivatives, and the proposal does not differentiate between short and long positions.
  • Michael Barr, assistant secretary of the Treasury, said the proposal by Sen. Blanche Lincoln (D-Ark.) that would force banks to spin off their proprietary trading desks is not among the “core” changes the Obama administration is seeking.
  • The European debt crisis is having a negative impact on strategies that use derivatives and leverage to boost returns, according to Hans Joerg Rudloff, chairman of Barclays Capital.
  • French regulator AMF has been given the authority to punish manipulation in derivatives markets, particularly credit default swaps, according Christine Lagarde, France’s finance minister.
  • The Federation Internationale de Football Association’s World Cup has a history of inspiring the creation of structured products, according to Richard Jory, the editor of Structured Products Magazine.
  • New York Times columnist Gretchen Morgenson has exposed what she says is the failure of 100% principal protected notes to live up to their billing.