News
Energy players voice concerns over Dodd-Frank timeline
US market participants say Dodd-Frank reforms should be phased in, foresee uncertainty and potential market disruption post-implementation
BNPP’s Deudon moves up and Delahaye steps in
Thibault Delahaye takes over equity derivatives trading at BNP Paribas as former head Eric Deudon is appointed to lead the newly created emerging markets division within equities and commodities.
Reinstatement of sugar futures will spur volumes and hedging
Experts say the removal of the ban on Indian sugar futures trading will spur volumes and is an important step towards reducing government control on its commodity futures market
Evolution Securities appoints fixed income chief
Evolution promotes Jenkins to top fixed income post
Volatility as an asset class is a growing business and Stoxx is latest to launch index
Stoxx has teamed up with Bank of America Merrill Lynch to create an investable volatility index for the European market as investors look for protection against future market crashes
State Street hires Ebner as global head of ETFs
State Street Global Advisers has hired Scott Ebner to its London office in a new role as head of ETFs
Credit Suisse lists merger arbitrage ETN on NYSE Arca
Credit Suisse has listed an ETN based on the merger arbitrage market, picking up on the increased interest in this sector. The returns are generally uncorrelated to the broader financial markets, according to the Swiss bank
Speed streaming on the Straits Times Index
New streaming technology has been introduced in Singapore to increase the speed and improve the transparency of structured products trades.
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BNP Paribas splits GECD group into four
RBC Capital Markets adds Glenn Anson to head central bank sales in Asia
RBC has hired 70 employees this year in a bid to build its presence in the Asia-Pacific region
HKEx names former CSRC director to head mainland development
The Hong Kong Exchange's new hire, Yang Qiumei, was recently deputy director-general in the department of investment fund supervision at the China Securities Regulatory Commission, where she was in charge of matters related to QFII and QDII
Basel's new 7% equity capital minimum met with relief
Basel's new 7% equity capital minimum met with relief
Amundi recruits senior fixed income investors to London office
Amundi names senior fixed income investors
Anti-money laundering is a long-term fight, says software company
Banks must think strategically instead of tactically; committing to the long haul to fight financial crime
iShares launches first currency-hedged ETFs in Europe
iShares has launched five equity ETFs with a currency hedge in response to demand from institutional investors
Evolving risks require new answers
The methods Asian energy and commodities companies use to finance and hedge projects have merged, says Natixis’s Asia-Pacific energy and commodities chief
Keep pre-Dodd-Frank swaps data for now: CFTC
CFTC deals with pre-enactment swaps reporting and tells energy companies to maintain required data until Dodd-Frank definitions are finalised
Basel liquidity rules hit fresh objections
A reworking of part of the liquidity coverage ratio is rejected by the Basel Committee
CFTC resurrects CCP ownership limits
Proposed limits on CCP ownership aimed at reducing conflicts of interest
Corporates to drive EM growth but watch financial market development, say Credit Institute panellists
Panellists in the Credit Institute forum on ‘Sovereign or Corporate, Global or Local’ said that corporates will drive credit growth in emerging markets, but investors cannot afford to ignore financial market development or to forgo due diligence.
Senate confirms two out of three Fed directors
Last-minute deal seats Yellen and Raskin, Diamond turned down
Gap between emerging and developed economies growing, says Credit Institute panel
Investors remain under-allocated to emerging market debt, despite emerging countries growing more rapidly – and, in many cases, boasting healthier balance sheets – than developed economies, panellists say.
Regulatory changes push OTC energy and commodities markets to Asia
The over-the-counter energy and commodities market is being pushed to Asia by fears over Western regulatory changes, says managing director of technology provider Trayport
Regulators must distinguish physical and financial energy transactions, says risk manager
Financial risk manager from the US’s largest utility, Southern Company, says regulators should make sure they make a distinction between physical and financial transactions before setting US regulatory changes in stone