Derivs - Interest Rate

The Financial Industry Regulatory Authority has given firms an extra hour to process and submit certain instructions on exercising standardized options on the last business day before they expire.

The move to central clearing could spark the long tail risk hedging market.

Consumer Price Index-linked basis swap usage by U.K. defined benefit pension schemes will likely surge as the plans looks to hedge inflation liabilities.

The move to central clearing could spark the long tail risk hedging market.

Barclays Capital has launched two new electronic services for over-the-counter fixed income derivatives—an interest rate swap portfolio compression tool and a closing price order tool.

As the Securities and Exchange Commission proceeds with its review of fund’s usage of derivatives, it has urged funds to take a fresh look at derivatives-related disclosures.

Corporates could be impacted by rules being considered in Europe that would restrict short selling across all financial instruments, according to Rolls-Royce.

Stephen Lane, head of trading for Europe and Asia in Crédit Agricole Corporate and Investment Bank’s debt and credit markets division, has left just over a year since joining the firm.

The specter of corporates defaulting on their derivative trades is being raised as lawmaker efforts to grant margin exemptions to the Dodd-Frank Act appear to have lost steam.

Morgan Stanley’s 15-year range accrual note outsold similar versions by competitors by more than USD10 million this week, as it referenced only the S&P 500 instead of including the more standard interest rate underlying, officials said.

RBC Capital Markets has launched a 15-year callable so-called constant maturity swap rate countdown range accrual note that pays out a maximum return of 1.375% each quarter.

BNP Paribas’ Cyril de Lambilly, a fixed income structurer, is tipped to flip from New York to Singapore to head the firm’s Asia ex-Japan fx and rates structuring business, said a person with knowledge of the move.