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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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  • David Lam, managing director and head of structured product sales at Nomura in Hong Kong, left the firm Friday.
  • The Basel Committee on Banking Supervision has published a consultative document that proposes restricting banks’ use of credit default swaps and other instruments to lower capital charges.
  • The International Organization of Securities Commissions has released a consultation that seeks comment on outstanding issues regarding requirements that financial market participants use central clearinghouses for over-the-counter derivatives trades.
  • IntercontinentalExchange has asked the European Union to review its plans to acquire NYSE Euronext in an effort to avoid separate reviews by regulators in the U.K. Spain and Portugal, according to a regulatory filing.
  • The U.S. Commodity Futures Trading Commission’s Division of Clearing and Risk has issued a no-action letter that exempts some stub swaps from clearing.
  • Five-year credit default swap spreads on Russian debt widened to 157.7 basis points, its highest level in five months, as a result of the crisis in Cyprus.