Derivatives

Derivatives are financial instruments that derive from an underlying asset such as a commodity, bond or currency. SCI’s derivatives coverage focuses on the structuring and trading of derivatives relating to securitisation and structured credit. The instruments covered are primarily: credit default swaps (CDS) and options; correlation trading through index tranches; total return swaps on credit and loan indices and baskets; bespoke tranches; and other new and unusual synthetic structures.

  • Risk transfer round-up - 20 October

    CRT sector developments and deal news

    Standard Chartered is rumoured to be prepping a capital relief trade backed by emerging market corpo...

    News    20 October 2020
  • CLO structures reviewed

    Sector developments and company hires

    CLO structures reviewed Post-Covid crisis US BSL CLO structures differ in a range of ways from thei...

    Market moves    19 October 2020
  • SME CRT completed

    Intesa finalises mezz guarantee

    Intesa Sanpaolo, the EIF and the EIB have completed a €90m mezzanine guarantee that referen...

    News    15 October 2020
  • Compromise pending

    Parliament softens stance on 'problematic' proposals

    The European Parliament will likely drop proposals for the exclusion of time calls and pro-rata amor...

    News Analysis    15 October 2020
  • First EGF guarantee inked

    Sector developments and company hires

    First EGF guarantee inked The EIB has approved €5.1bn of new financing to support investme...

    Market moves    14 October 2020
  • Risk transfer round-up - 12 October

    CRT sector developments and deal news

    Barclays is rumoured to be prepping a corporate capital relief trade that is set to close in 4Q20. T...

    News    12 October 2020
  • Growth opportunities

    Chapter five of SCI's Autumn 2020 CRT Research Report

    The fifth and final chapter of SCI’s Autumn 2020 Capital Relief Trades Research Report out...

    News Analysis    9 October 2020
  • Transatlantic challenges

    Contributed thought leadership by Mayer Brown

    Complying with EU and US CRT rules simultaneously A number of law firms have developed excellent s...

    Talking Point    8 October 2020
  • Stepping up

    Chapter four of SCI's Autumn 2020 CRT Research Report

    The fourth chapter of SCI’s Autumn 2020 Capital Relief Trades Research Report highlights t...

    News Analysis    8 October 2020
  • Seeking clarity

    Chapter three of SCI's Autumn 2020 CRT Research Report

    The third chapter of SCI’s Autumn 2020 Capital Relief Trades Research Report examines the...

    News Analysis    7 October 2020
  • 'Quick fix' draft legislation published

    Sector developments and company hires

    ‘Quick fix’ draft legislation published The European Parliament has published d...

    Market moves    6 October 2020
  • SRT for the real economy

    Chapter two of SCI's Autumn 2020 CRT Research Report

    The second chapter of SCI’s Autumn 2020 Capital Relief Trades Research Report explores how...

    News Analysis    6 October 2020
  • Synthetics seminar line-up finalised

    Fireside chat, CRT workshop on the agenda

    The line-up for SCI’s 4th Annual Risk Transfer & Synthetics Seminar has b...

    News    6 October 2020
  • Range of moratoria take-up 'stark'

    Sector developments and company hires

    Range of moratoria take-up ‘stark’ With payment holiday concentrations having f...

    Market moves    5 October 2020
  • Risk transfer round-up - 5 October

    CRT sector developments and deal news

    Lloyds is rumoured to be readying its third mortgage significant risk transfer trade from the Syon p...

    News    5 October 2020
  • Transmitting credit

    SRT and the real economy explored

    SCI will be publishing a chapter of our Autumn 2020 CRT Research Report each day this week. While to...

    News    5 October 2020
  • SME boost

    Commerzbank completes CRT

    Commerzbank, the EIF and the EIB have completed a €125m mezzanine guarantee that references...

    News    2 October 2020
  • Repack returns

    Optionality, yield a hit with investors

    The appeal of repackagings during times of economic stress became apparent during the Covid-related...

    News    2 October 2020
  • 'Dual-track' approach touted for SRT

    Sector developments and company hires

    ‘Dual-track’ approach touted for SRT The EBA is finalising its report on signif...

    Market moves    1 October 2020
  • Latest Magdalena finalised

    Santander prices first post-Covid SME SRT

    Santander, the EIF and the EIB have completed a €55m and &eu...

    News    29 September 2020
  • Tight pricing

    BNP Paribas completes SRT

    BNP Paribas has finalised a €324m funded financial guarantee and is scheduled to complete a...

    News    25 September 2020