News
RBS makes credit hires in Asia
Royal Bank of Scotland (RBS) has made two new credit derivatives hires in Asia. Jaeik Oh joins as senior structurer in the credit derivatives structuring and CDOs group in Tokyo, and Mrinal Sharma joins as a graduate trainee in the same group in Hong…
WestLB hires to strengthen credit offering in London
WestLB, the German financial services provider, has appointed three new credit traders in its London office.
UBS to trade derivatives in Mexico
UBS, the Swiss financial services provider, is to launch banking services in Mexico, after being granted a licence to operate in the country.
OpenLink acquires IRM
OpenLink, a provider of cross-asset trading and risk management software solutions, has purchased IRM, an Austrian-based energy solution provider focused on energy asset optimisation and strategic planning.
GE and AES plan GHG offset partnership
Global power company AES and GE Energy Financial Services (GE EFS), a unit of General Electric, are to create a partnership to develop greenhouse gas (GHG) emission reduction projects in the US.
APM gains first owner in western US
ACES Power Marketing (APM), a wholesale energy risk management and transaction execution service company, has gained its first owner in the western US, as it continues to expand its service base in California and the west.
Tradition poaches Tullett Prebon’s brokers for emerging market expansion
Interdealer broker Tradition has lured four staff from its competitor Tullett Prebon to expand its emerging markets capabilities in London and Johannesburg.
Delays and revisions for CME's credit event futures
The Chicago Mercantile Exchange (CME) has delayed the launch of its planned credit event futures, after US regulators demanded more time to examine the proposal.
Euronext launches sugar derivatives
Euronext.liffe, the London-based derivatives exchange, will launch futures and options based on raw sugar next month.