News
SwapsWire launches equity derivatives give-up service
London-based electronic confirmation service SwapsWire today launched its PBWire service, which supports give-ups on equity derivatives trades. PBWire allows buy-side clients, executing brokers and prime brokers to communicate give-up details in real…
Credit market front-running needs tackling, says Broadman
Front-running in the credit derivatives markets needs to be tackled, said Bart Broadman, founder and head of Singapore-based hedge fund Alphadyne Asset Management. Speaking at the second annual Asia Risk conference in Hong Kong on Monday November 20, he…
Jones Lang LaSalle enters property derivatives market
US real estate company Jones Lang LaSalle has set up its own property derivatives team.
NewSmith appoints Tsang as partner
London-based NewSmith Financial Solutions, the debt-focused financial adviser, has hired Terence Tsang as a partner.
HSBC appoints global head of exotics
HSBC Corporate, Investment Banking and Markets has appointed Laurent Boscherel to the newly created position of global head of exotics, within its global structured equity business.
Singapore Exchange restructures executive
The Singapore Exchange has made a number of changes to its senior management structure.
Oman obtains 30% share in Dubai Mercantile Exchange
The Sultanate of Oman’s Ministry of Finance has reached an agreement to acquire a 30% equity stake in the Dubai Mercantile Exchange (DME), the Middle East’s first energy futures exchange.
Nymex in record IPO
The New York Mercantile Exchange (Nymex) has enjoyed a record-breaking stock market debut for its initial public offering.
Energen increases 2007 natural gas, liquids hedge
US-based Energen Corporation, owner of gas exploration and production company Energen Resources Corporation (ERC), has increased its natural gas and gas-to-liquids hedging position for 2007, the company announced.
Lloyds TSB appoints head of debt origination
Lloyds TSB Corporate Markets has appointed Farouk Ramzan to the new role of head of debt origination.
Second time unlucky for Nasdaq as London Stock Exchange rejects bid
The London Stock Exchange (LSE) has rejected an offer from New York-based stock exchange Nasdaq to buy the company for 1,243 pence a share in cash, on the grounds that the bid “substantially undervalues” the company.
Credit derivatives still leading OTC growth, says BIS
Credit derivatives continued to be the fastest-growing sector of the over-the-counter market this year, despite rising numbers of early terminations.
More staff changes at Bear Stearns
Bear Stearns has appointed Morad Mahlouji and David Austin as co-heads of fixed-income sales in Europe, based in London.