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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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  • The International Organization of Securities Commissions is planning to release next week draft guidelines for the London interbank offered rate and other benchmarks, in response to recent scandals alleging manipulation of the rates.
  • President Barack Obama’s latest budget proposal calls for imposing a tax on derivatives under market-to-market account rules on an annual basis.
  • CME Group is establishing its European CME Globex hub within global data center Equinix in London.
  • Moody’s Investors Service said reform of the over-the-counter derivatives market could increase risk for bond funds that may turn to alternatives to non-cleared swaps to avoid the higher costs associated with clearing.
  • The Royal Bank of Scotland fired derivatives trader Simon Green last month after the bank paid a fine related to its alleged role in the manipulation of the London interbank offered rate.
  • Structured product providers need to offer plans that take on more risk if they want to expand their client base, according to Adrian Neave, a managing director of Gilliat Financial Solutions.