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.

  • Commission drops CDS case

    The European Commission has dropped proceedings against 13 investment banks over their alleged invol...

    Job Swaps    7 December 2015
  • CDS start-up beefing up

    Citadel Securities has brought in Tian Zeng as part of its push towards launching a new CDS...

    Job Swaps    4 December 2015
  • Recycling risk?

    STS synthetic exclusion scrutinised

    The European Commission's Capital Markets Union proposals for reviving Europe's securitisation marke...

    News Analysis    3 December 2015
  • Complex debt guidelines finalised

    ESMA has published its final report on guidelines on complex debt instruments and structured deposit...

    News Round-up    1 December 2015
  • Trade repository concerns highlighted

    The Committee on Payments and Market Infrastructures (CPMI) and IOSCO have completed a review of jur...

    News Round-up    1 December 2015
  • SCI Start the Week - 30 November

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

    Pipeline The pace of pipeline additions slowed last week due to Thanksgiving. The final count consi...

    News    30 November 2015
  • Proof of concept

    Risk transfer regulatory, structuring considerations discussed

    Representatives from Reed Smith and StormHarbour Securities recently provided an introduction to cap...

    Talking Point    30 November 2015
  • ESMA, SFC sign MOU

    ESMA and the Securities and Futures Commission (SFC) of Hong Kong have concluded a ...

    News Round-up    26 November 2015
  • CDS volumes rise

    Emerging markets CDS trading in 3Q15 was US$376bn, according to EMTA's latest index results for the...

    News Round-up    24 November 2015
  • Hong Kong OTC proposals set out

    The Hong Kong Securities and Futures Commission (SFC) has opened a consultation on proposals to upda...

    News Round-up    24 November 2015
  • SCI Start the Week - 23 November

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

    Pipeline Last week it was RMBS and CMBS which dominated the pipeline's additions. In contrast to th...

    News    23 November 2015
  • Netting synchronisation service set up

    Markit has launched a service to help banks to automatically update their risk systems after netting...

    News Round-up    19 November 2015
  • Structured debt chief moves on

    Paul Hastings is set to add Paul Severs to its London office as a partner in its corporate practice....

    Job Swaps    17 November 2015
  • Law firm adds CLO pro

    Ashurst has appointed Lawrence Berkovich as a partner in its US CLO team. He joins from Mayer Brown...

    Job Swaps    16 November 2015
  • EMIR reporting standards updated

    ESMA has published an update of existing technical standards regarding data reporting requirements u...

    News Round-up    16 November 2015
  • SCI Start the Week - 16 November

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

    Pipeline Last week's pipeline additions were skewed to ABS and CMBS. There were nine of the former...

    News    16 November 2015
  • Stay protocol relaunches

    ISDA has relaunched its Resolution Stay Protocol to cover securities financing transactions...

    News Round-up    12 November 2015
  • Electronic trading units to merge

    Tullett Prebon is set to acquire ICAP's global hybrid voice broking and information business, includ...

    Job Swaps    12 November 2015
  • SCI Start the Week - 9 November

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

    Pipeline The pipeline continued to grow last week as a raft of new deals were announced. In total t...

    News    9 November 2015
  • ESMA seeks clearing feedback

    ESMA has opened a public consultation on draft requirements regarding indirect clearing. The draft r...

    News Round-up    6 November 2015
  • OTC outstandings compressed further

    The notional amount of outstanding OTC derivatives contracts declined from US$629trn at end-December...

    News Round-up    6 November 2015