News
TriOptima opens New York office
Stockholm-based technology firm TriOptima has opened a New York office and hired Susan Hinko as managing director of TriOptima North America.
Barclays Capital appoints CMBS research director
Barclays Capital has hired Hans Vrensen as head of its European commercial mortgage-backed securities (CMBS) research unit.
Merrill Lynch starts building coal desk
Matt Schicke, former director of coal trading at Michigan-based DTE Energy, has joined Merrill Lynch to build a US coal trading desk from its Houston office. As vice-president, he is initiating steps to trade coal, said Merrill spokeswoman Terez Hanhan.
SunGard delays rebranding decision
SunGard, the financial software and business continuity provider, has delayed the rebranding of its risk management software arm.
Warsaw Stock Exchange launches interest rate derivatives
The Warsaw Stock Exchange has launched its first interest rate derivatives contract in the form of Polish Treasury note futures.
NAB gears up for forex options restart
National Australia Bank (NAB) has made two senior derivatives trading appointments in preparation for the future reopening of its forex options desk. The desk closed early last year following a trading scandal.
Nymex confirms plans to launch in London
The New York Mercantile Exchange (Nymex) today announced plans to open an open-outcry Brent futures floor in London. "It's our intention to move to London as soon as possible," Nymex president James Newsome told reporters in London.
China Aviation report "escalating", ready soon
Global consulting firm PricewaterhouseCoopers (PWC) has denied reports that claim a draft investigation report into the China Aviation Oil (CAO) trading scandal has been released to Singapore stock exchange SGX and to CAO itself.
OpenLink may launch web-based version of Endur
OpenLink may launch a web-based version of Endur, its energy trading and risk management system, according to Matt Frye, Houston-based managing director of the software company.
New heads for RWE Trading and RWE Power
Brian Count will leave his post as chief executive of RWE Trading, the trading arm of German utility RWE, as of July 1, when he will be replaced by Peter Terium, head of RWE group controlling. And Jan Zilius is expected to take over as chief executive of…
Blackstone hires Morgan Stanley’s Kapur
Blackstone Alternative Asset Management (BAAM) has hired Vineet Kapur to its investment team in New York.
WMG plans to launch three hedge funds
WMG, the hedge fund and wealth management firm, plans to roll out three in-house hedge funds in the second quarter of this year. Mark Richardson, head of risk management, said the new fund strategies are likely to be global macro, credit arbitrage and a…
Cairn hedge fund launch imminent
Cairn Capital, the credit-focused asset management and advisory business, plans to launch its first hedge fund on March 1.
Bloomberg and TradeWeb enter multi-dealer electronic swaps trading fray
Competition in dealer-client electronic euro swaps trading is heating up with the launch of two new 'request-for-quote' (RFQ) multi-dealer interest rates swaps platforms in quick succession.
JP Morgan loses exotics head
JP Morgan Chase’s head of European trading for exotics and hybrids, Chris French, will retire from the firm in early March.
Directory Listing >> EM Consulting provides specialist Basel II recuitment services
EM Group is a dynamic and forward thinking recruitment consultancy, driven to meet the evolving demands of an ever-changing marketplace. Working with some of the world’s most prestigious clients, we bring exceptional opportunities to exceptional people
SG hires four credit research analysts
Société Générale is strengthening its European credit research unit with the addition of four new recruits.
DrKW expands into base metals
Dresdner Kleinwort Wasserstein (DrKW) plans to build a base metals principal sales and trading group. It has hired three Koch Supply & Trading staff to set up the unit on March 7.
TriOptima to use Markit's Red database
TriOptima, a Swedish technology firm specialising in tear-ups of unwanted over-the-counter swaps from counterparties’ portfolios, has teamed up with Markit to use its reference entity database (Red).
Evolution expands gas and power desk
US broker Evolution Markets has hired two brokers for the North American natural gas and power desk it launched in October. Corey Geraghty and Trenton Davis now broker gas and electricity options from the company headquarters in White Plains, New York.
Risk management compensation rises by 9%
Salaries for risk management professionals continued their upward rise in 2004, according to New York-based executive search firm, Risk Talent Associates.
Top credit derivatives marketer departs JP Morgan
Andrew Palmer, global head of structured credit marketing and distribution at JP Morgan Chase in London, has left the bank.
Sponsor's article > SunGard expands global client base for its Basel II Solution
With the clock ticking down to compliance for Basel II, banks are moving from the theoretical to the practical, making decisions as to how, when and with what solutions they will address Basel II regulatory requirements. Recently, several leading…
Sponsor's article > SunGard expands global client base for its Basel II Solution
With the clock ticking down to compliance for Basel II, banks are moving from the theoretical to the practical, making decisions as to how, when and with what solutions they will address Basel II regulatory requirements. Recently, several leading…