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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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  • Munich-based Assenagon Asset Management has launched the Assenagon Substanz Europa fund, a mutual fund that invests in high dividend European stocks while using a partial hedging strategy through options in order to generate consistent returns.
  • Joseph Vona, U.S. dollar interest rates options trader at BNP Paribas in New York, has left the bank.
  • Hedge funds are increasingly buying USD/CNY put spreads to position for an appreciation in the onshore yuan as expectations increase that the People’s Bank of China will allow the currency pair’s trading band to be widened.
  • Annual turnover in Asia’s over-the-counter derivatives markets grew 2.2% a year between 2008 and 2012, with annual turnover reaching USD186 trillion last year, according to the International Swaps and Derivatives Association.
  • Japanese corporate importers are increasingly using tailor-made derivatives in order to cheapen fx options used to hedge the continuing weakness of the yen.
  • CLO investors need to be realistic about equity returns. If not, the risks could quickly become terrible.