United States

The North American Derivatives Exchange, owned by IG Group, has some deficiencies in the way it monitors trading violations, according to the US Commodity Futures Trading Commission.

A London daily silver futures contract will trade on the Intercontinental Exchange Futures US platform from September 5.

Sabine Lautenschläger, vice-chair of the supervisory board of the European Central Bank (ECB), has said that deregulating the financial system would be a "big mistake".

US-listed Sohu.com is looking to file confidentially for the IPO of its internet search unit Sogou, the China-based company said on Monday.

The future of cryptocurrency derivatives looked bright this week as digital currency exchange and clearing house LedgerX won its derivatives clearing organisation (DCO) licence, complementing the swap execution facility approval it received from US regulators three weeks ago. While the fledgling asset class still has a lot to prove, a united effort from US regulators could mean it will be difficult to slow its momentum.

AT&T racked up a monster order book on Thursday, as the US telecoms giant hit the market with a $22.5bn M&A financing.

India’s Nirma is set to hit the US term loan B market for financing to back its bid for Tronox Alkali, a US-based company. The flexibility that comes with selling into an institutional market pushed Nirma to pick a combination of a US TLB and a bond for its acquisition, said bankers.

Bain Capital’s Diamond, the cleaning chemicals business, had to remove a controversial restricted payment clause before printing the triple-C rated bonds of its new financial structure on Tuesday.

The Commodity Futures Trading Commission (CFTC) on Monday granted LedgerX, a digital currency exchange and clearing platform, a derivatives clearing organisation license.

When one thinks of volatility, few asset classes stand out as much as cryptocurrencies. But the fledgling nature of these decentralised digital currencies has meant that interested derivatives users have had to navigate equally volatile attitudes from global regulators.

Following a US Treasury report on regulating the financial system, published last month, the chief executives and chief financial officers of the big US banks lined up to praise the reforms’ potential — though they could be the last nail in the coffin of international regulatory co-operation.

Just one borrower occupied European high yield bond pipeline at the start of this week giving the impression the market is about to slow for summer. Bain Capital’s hygiene product supplier Diamond, is out on a roadshow.