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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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  • Eric Rosengren, president of the Federal Reserve Bank of Boston, said bank holding companies that have large broker-dealer affiliates should be required to hold more capital “to reflect the reduced stability of their liabilities during times of stress.”
  • Trading volumes on European sovereign credit default swaps plunged 35% in the first quarter from the preceding three-month period after a ban on sovereign CDS was imposed in November by the European Union, according to the Depository Trust & Clearing Corp.
  • Edward Golosov has returned as an executive director to BCS Prime Brokerage, the Moscow firm he co-founded in 1995.
  • To position for no hikes in Swedish rates, the Royal Bank of Scotland is recommending a 2y forward 2s10s steepener in the Swedish krona.
  • Shaun Moran, managing director and head of trading and execution services at JPMorgan in Tokyo, left the firm this week.
  • Large global institutional investors are increasingly rolling their call positions up-and-out on the Nikkei in a bid to switch short-term exposure to long-term exposure on the index as the Japanese equity market continues to spike.