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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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  • Tradeweb Markets has completed the first swap trade by a futures commission merchant on behalf of a U.S.-based asset manager on a swap execution facility. Credit Suisse used the firm's platform to execute a five-year high yield credit default index swap, which was cleared though ICE Clear Credit.
  • The London Stock Exchange is seeing increased interest in its Italian dividend futures offering, predicting further growth in the instrument over the next 12 months.
  • Regulators won’t be able to use data collected from trade repositories to spot risk straight away, market participants say. The deadline for mandatory trade reporting under European Markets Infrastructure Regulation passed on Wednesday.
  • UBS has executed the first Eris standard swap future via the Chicago-based futures bourse Eris Exchange for a buy-side client.
  • Investors should enter a March/June/September calendar fly on the Nikkei 225, selling a June 2014–September 2014 call calendar at a 2:1 ratio with a 16,000 strike and buying a March 2014 16,000 call to mitigate the gamma.
  • Article 18 of China’s 2006 Enterprise Bankruptcy Law could impede the Shanghai Clearing House’s attempt to close-out positions should an interest rate swap become insolvent, despite recent guidance from Chinese authorities over the application of close-out netting rules, according to Linklaters.