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McKenzie leaves CME to return to Morgan Stanley
Morgan Stanley has hired Ray McKenzie, previously a director of foreign exchange products at the Chicago Mercantile Exchange (CME), as an executive director in its futures business in New York.
BNP Paribas bolsters US equity derivatives team
Greg Hurley has joined BNP Paribas' equity derivatives business in New York, where he will head the single-stock trading team. Hurley moves from Merrill Lynch, also in New York, where he was a director in the bank's global linked equity derivatives group.
New CDS for ABS document to spur demand, says S&P
Analysts are predicting that revisions to the International Swaps and Derivatives Association's documentation templates for credit default swap (CDS) options referenced to asset-backed securities (ABS) could spark a several billion dollar fillip in…
Stainton quits Deutsche Bank for Citadel
Mark Stainton is to move from Deutsche Bank in London to the Chicago office of Citadel Investment Group to head Citadel's energy trading group, the hedge fund said.
China to open futures market to foreign investors
The Chinese government may relax its rules to encourage foreign investors to enter the country's lacklustre futures market, with ABN Amro the first to move.
Calyon hires Quek to run Singapore office
Calyon has hired Winston Quek as its local capital markets manager in Singapore.
SMBC reprimanded over forced swaps sales
Japanese regulators have criticised Sumitomo Mitsui Banking Corporation for compelling customers to buy interest rate swaps in exchange for extended loans.
CFTC chairman calls for more competition
Reuben Jeffery, chairman of the US Commodity Futures Trading Commission (CFTC), has underscored the importance of competition as a critical factor in maintaining the future success of the markets. "We must help foster a market environment that invites…
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