Capitolis registers swap dealer in strategy refresh
Vendor’s SBSD registration may facilitate unique multi-seller platform for equity swap business
Revival of off-balance-sheet financing merits close scrutiny
Banks need more diverse funding sources, but new structures must be vetted carefully
Cantor to offer equity swap hedges to prime brokers
Provider to enter race with Capitolis and Nearwater as it preps early 2023 launch for ABCP service
Op risk data: Banks slapped for lax WhatsApp oversight
Also: Wintermute suffers crypto hack; CS settles over Archegos and Greensill. Data by ORX News
Fog of war: the struggle to manage geopolitical risk
Financial firms ponder how to factor the Ukraine conflict and wider global unrest into stress-testing
How the Covid-19 pandemic is furthering understanding of crisis management frameworks
This webinar explores what can be gleaned from Covid-19, and how it can help inform recovery
Van Bergh joins Wells Fargo, and more
Latest job changes across the industry
People moves: Jain joins Cantor
FCA hires Foulger; new CRO for HSBC; Goldman's senior shake-up; equities chief for Credit Suisse
People: Citi axes role of Asia structured products head
Harold Kim mulling other opportunities at the bank; Cantor Fitzgerald expands fixed income sales team; StanChart hires head of global investor coverage; Grundmann joins JP Morgan; DiBacco gets new role at Getco; RBC Investor Services CEO bids farewell
CantorCO2e’s carbon closure signals consolidation
As exchanges see a rise in carbon trade volumes, consolidation among brokers is expected. Katie Holliday looks at whether CantorCO2e’s closure could be the first of many
First box-office futures contract approved for trading
CFTC lifts final barrier to film futures hedging, but trade may still be banned soon
CFTC approves film futures despite Hollywood protests
The US Commodity Futures Trading Commission approves exchange-traded film futures, but the industry and Congress might block the business before trading can begin
BGC hires first chief financial officer
London-based voice and electronic brokerage BGC Partners has appointed its own chief financial officer for the first time.
Cantor hires Barnard as chief financial officer
Cantor Fitzgerald has today appointed Douglas Barnard as chief financial officer.
Prebon brokers walk
Prebon Yamane in Singapore has been rocked by the resignation of a large number of its broking staff. Over 50 employees including numerous senior brokers have left Prebon in the Lion City to join rival company BGC, the brokerage arm of Cantor Fitzgerald.
Totem adds to its interest rate valuations service
Totem Market Valuations, a provider of over-the-counter derivatives price information, is to expand its interest rate derivatives pricing service to include Swiss francs, Hong Kong dollars and Korean won. The products covered will be interest rate…
Cantor Fitzgerald to spin off its global voice brokerage business
Cantor Fitzgerald will spin off its global voice brokerage business as a new company, BGC Partners, effective from October 1 this year.
Collins Stewart Tullett moves for Prebon
Collins Stewart Tullett is on the verge of buying inter-dealer broker Prebon Yamane for a reported £130 million.
Reuters names treasury head
Reuters has named Mark Robson its global head of treasury and fixed income, during a year when the UK company has placed the development of its treasury business as a high priority.
Swaps trader awarded £1m in Cantor Fitzgerald case
Steven Horkulak has won his constructive dismissal court case against the US swaps broker Cantor Fitzgerald, his former employer, for loss of salary and discretionary bonus, a sum totalling around £1 million.
US coal trading picks up steam
While the coal market awaits pricing indexes to reinvigorate trading, emissions trading is getting a boost from increased coal burning. Catherine Lacoursière reports
Cantor hires Irvin Goldman from CSFB
Broker Cantor Fitzgerald has hired Irvin Goldman, former head of fixed-income sales and trading at Credit Suisse First Boston (CSFB), as president of its debt capital markets and asset management division.
Cantor subsidiary files patent infringement suit
Interdealer-broker Cantor Fitzgerald’s trading technology subsidiary eSpeed has filed a patent infringement suit against electronic fixed-income trading platform BrokerTec, while separately a court case pertaining to alleged constructive dismissal…
Weinstein resurfaces at Cantor
Bernie Weinstein, former president of Thomson Financial’s sales and trading group, will become a senior managing director at inter-dealer broker Cantor Fitzgerald on January 1, overseeing Cantor Market Data (CMD) and eSpeed’s Software Solutions business.