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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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  • Gregory Hands, a member of the U.K. parliament and shadow minister of Her Majesty’s Treasury, opposes mandatory exchange trading for over-the-counter derivatives.
  • A landmark court ruling favoring Citigroup and Woori Bank over Korean corporate Soosan Heavy Industries in a dispute over a knock-in knock-out fx trade has unsurprisingly been welcomed by banks
  • Calyon has hired Nathan Sinclair, an fx prop trader at Standard Chartered, as a director and G10 currency options trader based in Hong Kong.
  • Traders in Asia are locking in recovery rates for credit default swaps on Aiful at around 40%.
  • Illinois state representative Kevin Joyce (D-Chicago) has introduced a bill that would bar the state’s public pension funds from investing with asset managers that use over-the-counter derivatives or from buying OTC derivatives directly.
  • Bank of America has named Alastair Borthwick and Lisa Carnoy co-heads of global capital markets.