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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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  • Mainland Chinese corporates are unwilling to provide credit support annex documents when entering cross-border derivative contracts, making it difficult for foreign dealers to sell hedging products, such as fx forwards and options, to their Chinese corporate clients.
  • Investors should go long the U.S. dollar against the Russian ruble, while buying two-month USD/RUB calls with a reverse knock-out as an overlay, according to strategists at Credit Suisse.
  • Brokerages including Citigroup, UBS and BNP Paribas are joining NLX, Nasdaq OMX’s new derivatives market in Europe, which launches May 31.
  • Australian bank are lobbying for an exemption from higher initial margin requirements on uncleared swaps, arguing it would cost them AUD21 billion (USD20.28 billion) in additional costs.
  • CME Group reported that it set a single-day volume record of 26,947,300 contracts traded across all asset classes on May 29.
  • The European Commission has asked Gary Gensler, chairman of the U.S. Commodity Futures Trading Commission, to extend a temporary exemption for European Union lenders from U.S. swap rules until there is agreement on international principles of cross-border swap rules.