North America

Credit index options prices have fallen so far following recent central bank moves that implied volatility measures are below trailing measures of realised volatility for the first time in four years.

Derivatives exchanges are broadening their reach in China through futures and options and build the H-shares product suite.

Analysts are touting five year break-evens and calls on correlated currencies to ride US inflation growth.

GlobalCapital is pleased to announce the nominees for its 2016 US Derivatives Awards. Nominations are based upon market feedback and research conducted in recent months. Winners will be unveiled at a gala dinner in New York.

Hutchison China MediTech (Chi-Med) has pocketed $101.25m from its Nasdaq IPO, debuting on the exchange on Thursday. But it had a lukewarm start, dropping 0.74% at the end of its first trading day.

Landesbank Hessen-Thüringen Girozentrale (Helaba) and WL Bank met contrasting outcomes for their euro denominated German Pfandbriefe issued this week.

Apple leapt back into the dollar market on Thursday to take advantage of huge levels of demand as investors grabbed for yield and confidence was then boosted further by a dovish statement from the Federal Reserve.

The US Federal Reserve added fuel to an already dramatic rally across asset classes this week, as it scaled back its expectations for rate hikes this year. This came a week after European Central Bank president Mario Draghi had worked the market into a frenzy by increasing the scope of the bank’s asset purchase programme.

The US Commodity Futures Trading Commission (CFTC) has added to the push for cross-border harmony with European Union regulation by approving a substituted compliance framework for central counterparties that are also registered in Europe, thus freeing them up from the restrictive burdens of double regulation.

UK utility company SSE is in the market for its first private placement since its debut in 2012 and investor appetite for the firm’s paper appears as strong as before.

A broad estimate of derivative market sentiment rebounded in March, but remains well below historical average levels.

CME Group has agreed to integrate truePTS, the post-trade business that was spun off from swap execution facility trueEX in December, into its preferred global network of regulated trade repositories.