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.

  • Central margining service introduced

    AcadiaSoft reports that 28 banks are participating in industrywide testing of the first-ever two-way...

    News Round-up    9 March 2016
  • Promotion due at Och-Ziff

    Nim Sivakumaran is set to replace Donald La Vigne as head of European structured credit strategies a...

    Job Swaps    9 March 2016
  • Opportunistic credit fund launched

    La Française Global Investment Solutions has launched a multi-strategy long/short credit fu...

    News Round-up    8 March 2016
  • SCI Start the Week - 7 March

    A look at the major activity in structured finance over the past seven days

    Pipeline With many market participants decamped to Las Vegas for the industry conference, pipeline...

    News    7 March 2016
  • Vendor bolsters regional growth

    4sight Financial Software has opened a new North American office in New York, as a direct response t...

    Job Swaps    7 March 2016
  • Aussie classification letter published

    ISDA has published a classification letter enabling counterparties to notify each other of their sta...

    News Round-up    4 March 2016
  • SA-CCR tool launched

    Misys has brought a new tool to the market that seeks to help banks comply with th...

    News Round-up    3 March 2016
  • Succession question resolved

    ISDA's EMEA Determinations Committee has determined that, for the purposes of the 2003 Credit Deriva...

    News Round-up    3 March 2016
  • Risky business?

    Risk-sharing deal opportunities grow

    Capital relief trade opportunities are increasing as more jurisdictions open up. However, with this...

    News Analysis    2 March 2016
  • Optimisation tool launched

    Numerix has launched what it describes as a unified XVA pricing, counterparty credit risk management...

    News Round-up    2 March 2016
  • EU adopts CDS clearing rule

    The European Commission has adopted a set of rules which require certain OTC credit derivative contr...

    News Round-up    2 March 2016
  • Valuations businesses sold off

    Intercontinental Exchange is set to acquire S&P Securities Evaluations (SPSE) and Credit Mar...

    Job Swaps    2 March 2016
  • Torstone continues expansion

    Post-trade securities and derivatives processing provider Torstone Technology has further expanded i...

    Job Swaps    1 March 2016
  • SCI Start the Week - 29 February

    A look at the major activity in structured finance over the past seven days

    Pipeline The number of ABS deals joining the pipeline slowed last week. The distribution across sec...

    News    29 February 2016
  • Investment capabilities strengthened

    Algebris Investments has appointed Alberto Gallo as partner and head of global macro strategies. Rep...

    Job Swaps    26 February 2016
  • Cross-border venue comparability assessed

    ISDA has published a set of principles for achieving comparability determinations between US and EU...

    News Round-up    24 February 2016
  • Long iTraxx positions 'vulnerable'

    Net long non-dealer positions have been cut by almost US$17bn over the past week or so across the Ma...

    News    24 February 2016
  • SCI Start the Week - 22 February

    A look at the major activity in structured finance over the past seven days

    PipelinePipeline entrants were dominated by ABS issuers last week. A handful of CDOs/CLOs and CMBS d...

    News    22 February 2016
  • OTC specialist promoted

    NetOTC has promoted derivatives risk management specialist David Maloy to coo, expanding his respons...

    Job Swaps    19 February 2016
  • Novo Banco deadline extended

    ISDA's EMEA Determinations Committee has further extended the deadline for holding a binding vote on...

    News Round-up    19 February 2016
  • Bank's clearing head replaced

    JPMorgan has promoted Nick Rustad to lead its global clearing business, which includes CDS. He repla...

    Job Swaps    18 February 2016