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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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  • A taskforce within a subcommittee of the American Bar Association will likely stop short of suggesting that the Securities and Exchange Commission impose position limits on mutual funds’ use of over-the-counter derivatives.
  • Macquarie Group’s planned acquisition of Sal. Oppenheim’s European equity derivatives and structured products platform will see it leverage Oppenheim’s business to roll out more exotic retail and institutional offerings, such as twin-win certificates, in Europe.
  • U.S. Senate Banking Committee Chairman Chris Dodd (D-Conn.) has scrapped the financial reform package he introduced Nov. 10 (DW, 11/10) and assigned committee members Judd Gregg (R-N.H.) and Jack Reed (D-R.I.) to write new legislative language targeting over-the-counter derivatives.
  • Sebastian Moritz, a senior flow credit salesman at London boutique StormHarbour Partners, has left the firm less than a month after joining.
  • Barclays Wealth today launched the January version of its Target Growth Plan, a five-year, partially capital-protected structure that offers the potential of a 50% return depending on the performance of the FTSE100.
  • A number of investment banks in Asia are rebuilding proprietary trading desks.