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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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  • The European Commission is considering giving national regulators the power to slash payments due to creditors of major financial institutions deemed at risk of failure, two weeks after politicians pledged their support for the idea (DW, 3/31).
  • Steve Seman, an ex-senior equity derivatives trader at Credit Suisse in London, has joined U.K. interdealer broker Forte Securities as a senior broker in its equity derivatives division.
  • Stakeholders in a clearinghouse operating in Japan will require direct approval from the Prime Minister Yukio Hatoyama if they wish to seek ownership of more than 20%, under proposals submitted by the Japanese Financial Services Authority.
  • Credit analysts at Crédit Agricole CIB believe that dividing Markit’s newly-launched Asia Pacific sovereign credit default swaps index into two, for developed and developing nations, would offer a cleaner hedging tool for investors.
  • Marcie Ball and David Coloretti, directors of fx hedge fund sales in Asia at Barclays Capital, have left the bank.
  • Royal Bank of Scotland this morning launched a three-month knock-in reverse convertible on McMoRan Exploration Co. stock. The note pays a fixed coupon of 4.3125% at maturity unless the stock falls below a certain price.