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◆ Public sector issuers embrace hedge fund bid... ◆ ... as they flex in the swap market ◆ Car makers welcomed back to bond market
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
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  • UBS is looking to offer capital unprotected equity-linked structured products to mainland Chinese investors in Q1 2014, in a bid to increase the diversity of its offerings as volumes there grow.
  • Investors who think the European Central Bank will cut rates at a policy meeting Thursday should go long risk Europe, short risk U.S. via receivers to take advantage of CDX IG volatility, which is trading expensive relative to iTraxx Main.
  • The U.S. Commodity Futures Trading Commission has issued a letter providing extended relief regarding registered swap execution facilities for fx swaps.
  • Derivative.com, the Swiss multi-dealer structured product click and trade platform, is working on offering bonus and outperformance certificates to users, according to Eric Wasescha, ceo of Derivative Partners, which operates the platform.
  • Newedge will be joining forces with Global Markets Exchange Group in order to provide execution and clearing services to buy and sellside clients globally.
  • Technology, especially IT, has long been the hunting ground for investors wanting to make a fortune by backing the next Microsoft, Apple or Google. That’s fine — but where fortunes can be made overnight, they can also be lost. And that should worry bondholders, who are supposed to be looking for long term, stable returns.