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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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  • New swap execution facilities are going to struggle to compete with other more established SEFs in 2014, according to Will Rhode, principal, director of fixed income at TABB Group, in New York.
  • Pradeep Pattem, head of credit and mortgage markets, EMEA, at Royal Bank of Scotland, is leaving following a shake up across credit and asset backed products at the bank.
  • David Wright, secretary general of the International Organization of Securities Commissions, is concerned by the current trade repository system, noting that many are either not connected or are facing restrictions.
  • U.K.-based Kames Capital has hired Nick Chatters as an investment manager in fixed income derivatives.
  • Investors should buy a six-month Australian dollar, U.S. dollar put spread with strikes at 0.88/0.83, activated only if USD, Japanese yen trades above 105 at the expiry, in a bid to play the expected weakening of both AUD and JPY against USD in 2014.
  • The China Securities Regulatory Commission plans to push for further foreign participation in the country’s derivatives markets in 2014, allowing foreign institutional investment firms to develop brokerages and overseas branches on the mainland.