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Newsome leaves CFTC to head up Nymex
James Newsome has quit as chairman of the US Commodity Futures Trading Commission (CFTC) to head up the New York Mercantile Exchange (Nymex). Newsome’s resignation is effective from July 23, and he will be president of Nymex from August 2, replacing Bo…
APX restructures and hires senior staff
APX Group, which provides exchanges for natural gas and power trading across northwest Europe, will move London-based power exchange UKPX’s forwards market onto its own system on August 18. The group has also made several senior appointments following…
Newsome leaves CFTC to head up Nymex
James Newsome has quit as chairman of the US Commodity Futures Trading Commission (CFTC) to head up the New York Mercantile Exchange (Nymex), a CFTC spokesman told RiskNews’ sister publication Energy Risk . Newsome’s resignation is effective from July 23…
Grantham to set up hedge fund services firm
Veteran convertible bond analyst Jim Grantham is set to launch a firm called Conv.Biz, aimed at providing a range of services to hedge funds.
The liquidity makers
Technology
At ease with ethanol
Technology
Seb Walhain
Technology
Energising Houston
Tehnology
Energy swaps
Tehnology
Energising Houston
Technology
Nordic volumes heading south
Technology
Bucking the trend
Technology
King of convenience
Technology news
The troubleshooter
Technology
DrKW adds to sales and trading in Paris
Dresdner Kleinwort Wasserstein (DrKW) has made a number of sales and trading appointments within its capital markets team in Paris.
David Li joins Barclays quantitative group
David Li, a former quantitative researcher at Citigroup, has joined Barclays Capital in New York as its global head of quantitative analytics for credit derivatives.
Nomura builds up international credit group
Nomura International has made eight new appointments in London, New York and Hong Kong for its global credit group, which specialises in structured credit products and trading. The additions come as Nomura seeks to expand this particular business line in…
Sponsor's Article > Managing Capital in Financial Institutions
Capital is key to any financial institution. Companies in other industries need capital to buy property and production equipment. For financial institutions, the primary function of capital is to cover unexpected credit and market risks losses, because…
APX restructures, makes senior hires
Amsterdam-based APX Group, which provides exchanges for natural gas and power trading across northwest Europe, will move London-based power exchange UKPX’s forwards market onto its own system on August 18. The group has also made several senior…
AIG restaffs forex post-merger
Banque AIG, a subsidiary of AIG Financial Products, has hired six sales and trading specialists in a bid to upgrade the foreign exchange component of its cross-product service, reports RiskNews' sister publication, FX Week .
Deutsche appoints new head of operational risk
Deutsche Bank has internally appointed Christian Sewing as global head of operational risk management (ORM), replacing Fred Peemoeller.
Fidelity risk chief lands at SEC
The US Securities and Exchange Commission (SEC) has hired Charles Fishkin as director of the newly formed Office of Risk Assessment (ORA). Fishkin will manage the overall risk assessment programme, co-ordinating risk assessment activities across the…
New England revolution
The Massachusetts state pension plan has just stumped up $1.6 billion for its first foray into hedge fund investment. Navroz Patel talks to treasurer Tim Cahill's team about the challenges associated with its asset reallocation plans