News
Deutsche Bank hires Sternberg to head quant trading
Deutsche Bank’s global equity derivatives group has hired Zemach Sternberg as head of global quantitative trading in New York.
ABN Amro poaches BNP Paribas energy heads
Dutch bank ABN Amro has hired Wayne Harburn, BNP Paribas' former head of European energy trading, as well as Vincent Chevance, the French bank's head of marketing for energy derivatives. BNP Paribas was not immediately able to say who would replace the…
ABN Amro poaches BNP Paribas energy heads
Dutch bank ABN Amro today said it has hired Wayne Harburn, BNP Paribas’ former head of European energy trading, as well as Vincent Chevance, the French bank’s head of marketing for energy derivatives. BNP Paribas was not immediately able to say who would…
Caxton quant to join Citi hedge fund
Tanya Beder, head of quant trading at hedge fund Caxton in New York, is to leave the company to join Tribeca Investments, another hedge fund and part of Citigroup Alternative Investments, as chief executive officer.
Clearing Corporation seeks regulatory approval for global clearing
The Clearing Corporation (CC) has requested regulatory approval from the Commodity Futures Trading Commission (CFTC) to implement the first phase of a 'global clearing link' joint project with Eurex Clearing.
Academic quits NYU for Hedge Fund
Marco Avellaneda, professor of mathematics at New York University’s (NYU) Courant Institute for Mathematical Sciences, is quitting academia to set up a new hedge fund desk in Paris.
Mark-It acquires Totem
Mark-It Partners, the UK-based credit pricing information company, has agreed to purchase its London-based rival Totem Market Valuations, a provider of over-the-counter derivatives market price information.
EU adopts linking directive...
The European parliament has given the thumbs-up to the so-called linking directiveallowing companies within member states to benefit from emissions projects outsideof the EU. By James Ockenden and Paul Lyon
ESB wins Esso price battle
Esso and Ireland’s Electricity Supply Board entered into a seemingly straightforward15-year contract for the sale and purchase of natural gas in 1999. But the contracthas raised the issue of how to define ‘market price’. By James Ockenden
Isda raises Basel-linked concerns
Bankers have been preparing for the implementation of the Basel II Capital Accordfor a number of years. But Isda says that it is still concerned about the effectthe Accord may have on the commodities markets. By Paul Lyon
Ex-head of risk at Millennium joins JP Morgan Chase
Clinton Lively has joined JP Morgan Chase as head of market risk management for institutional equities in New York.
Options staff hotly pursued
Currency options traders are finding themselves hotly pursued, as a series of high-profile moves around the world has set off a chain of demand, reports RiskNews’ sister publication, FX Week .
BNP tap Etrali for floors in China
French trading communications technology maker Etrali has done a deal with BNP Paribas to deploy its hardware on trading floors in China, says Henri Vautheny, Etrali’s general manager for Asia, excluding Japan.
ABN Amro targets Asian CDO market
ABN Amro has closed a single-tranche synthetic collateralised debt obligation (CDO) for a Singapore asset manager, its second deal in a month and its first with a Singaporean investor.
NAB currency options desk 'back in the market', with limited trading
National Australia Bank (NAB) has resumed limited trading in currency options, as an April 30 deadline to amend its shortcomings passed last week, reports RiskNews ' sister publication FX Week .
Martin Wiedmann leaves UBS
The departure of Martin Wiedmann from UBS in Zurich last week sparked a guessing game among his peers over which bank he is set to join, reports RiskNews ' sister publication FX Week .
Former JP Morgan Chase derivatives strategist joins PNC
Pittsburgh-based PNC Financial Services has hired JP Morgan Chase’s former head of derivatives strategy, Gagan Singh, as managing director of asset liability management. In addition, Singh becomes chief investment officer of the company’s banking arm,…
