News
Markit Group buys up confirmations service
The UK-based market data firm will go head to head with existing credit derivatives confirmations platforms after its integration of SwapsWire's business
Argentina bondholders optimistic over new deal
A more conciliatory stance from Argentina's new president has given holders of the sovereign's defaulted bonds fresh hope that a deal can be struck to bring to an end the long-running standoff
Dubai oil exchange approved for block trading
The Dubai Mercantile Exchange (DME) received approval yesterday for block trading of its Oman crude oil futures, which will allow traders to submit off-exchange transactions.
Asia heads of equities and prime brokerage leave Merrill Lynch
Two top Merrill Lynch executives based in Hong Kong are leaving the bank. Melvyn Ford, head of Pacific Rim global markets financing and services (GMF&S), left in early January, while Nigel Beattie, co-head of Pacific Rim equities, will depart on January…
FSA appoints new MD of wholesale
Sally Dewar has become the new managing director of wholesale at the UK Financial Services Authority (FSA), in one of several organisational changes at the regulator.
Congressman Baker likely to head the Managed Fund Association
Richard Baker, a Republican member of the US House of Representatives and a senior member of the House Financial Services Capital Markets Subcommittee, is in final negotiations to become chief executive of the Managed Fund Association (MFA), a Washington…
BNP names first European equity derivatives flow sales head
BNP Paribas has named Nick Tranter as its London-based head of European equity derivatives flow sales, a newly created role.