Risk magazine
BarCap relocates Ritossa as Asia-Pacific head of rates
Ivan Ritossa will move from London to Singapore on February 1 as head of rates, Asia-Pacific for Barclays Capital, while retaining his role as global head of foreign exchange.
Mizuho hires Hoskin for equity derivatives
Mizuho International, the London-based international securities arm of Japanese bank Mizuho Financial Group, has appointed Richard Hoskin in the new position of managing director responsible for equity derivatives products, equity research sales and…
CFTC head warns of "critical" underfunding
Walter Lukken, one of five commissioners at the US Commodity Futures Trading Commission, has warned that the commission is "at critical levels in its funding and staffing".
TSE close to deal with NYSE
The Tokyo Stock Exchange (TSE) and the New York Stock Exchange (NYSE) are hoping to finalise a tie-up by the end of this month.
Cantor Fitzgerald hires two to lead new structured products group
US financial services firm Cantor Fitzgerald Debt Capital Markets has created a new structured products group, and appointed Gina Hubbell and Ed LaScala to staff it.
LSE rebuffs latest approach from Nasdaq
The London Stock Exchange (LSE) and the New York Nasdaq exchange traded blows on Tuesday, as the management of the LSE turned down Nasdaq's takeover offer.
Nymex buys stake in Optionable to expand options trading
The New York Mercantile Exchange (Nymex) has announced it will buy a 19% stake in Optionable, a New York-based provider of natural gas and other energy options.
MEFF extends derivatives contracts to IBEX 35
The Spanish futures and options exchange Mercado Español de Futuros Financieros (MEFF) this week extended its coverage to trade derivatives contracts on all the underlying shares in the IBEX 35, the index of Spain’s 35 most liquid stocks.
Feder takes over Bear Stearns' structured equity business
Leonard Feder has been promoted to global head of structured equity trading at Bear Stearns in New York.
TPI hires Dearie to expand OTC data feeds
British market data provider Tullett Prebon Information (TPI) has appointed Chris Dearie to the new role of head of global direct feeds.
BoA hires to expand structured finance
Bank of America has appointed Richard Downer as head of mortgage principal finance and Neil Warman as his deputy, in its London-based global finance team.
Tradition launches FX desk in London
Swiss interdealer broker Tradition has launched a foreign exchange desk in London.
Emerging market debt more 'manageable', according to IIF
New types of securities, particularly derivatives, have contributed to making emerging market debt more “manageable” than ever before, according to the Washington-based Institute of International Finance.
KRX trading systems to merge
The Seoul-based Korea Exchange (KRX) will integrate its futures and options trading systems from June this year, the Korean Financial Supervisory Commission said.
RBS makes credit hires in Asia
Royal Bank of Scotland (RBS) has made two new credit derivatives hires in Asia. Jaeik Oh joins as senior structurer in the credit derivatives structuring and CDOs group in Tokyo, and Mrinal Sharma joins as a graduate trainee in the same group in Hong…
WestLB hires to strengthen credit offering in London
WestLB, the German financial services provider, has appointed three new credit traders in its London office.
UBS to trade derivatives in Mexico
UBS, the Swiss financial services provider, is to launch banking services in Mexico, after being granted a licence to operate in the country.
Tradition poaches Tullett Prebon’s brokers for emerging market expansion
Interdealer broker Tradition has lured four staff from its competitor Tullett Prebon to expand its emerging markets capabilities in London and Johannesburg.
Delays and revisions for CME's credit event futures
The Chicago Mercantile Exchange (CME) has delayed the launch of its planned credit event futures, after US regulators demanded more time to examine the proposal.
Euronext launches sugar derivatives
Euronext.liffe, the London-based derivatives exchange, will launch futures and options based on raw sugar next month.
FSA chief exec to stand down
John Tiner, chief executive of the Financial Services Authority (FSA), has announced he will be stepping down this year after six years at the regulator, more than three of them as chief executive.
T-Zero names chief operating officer
New York-based credit derivatives trade processing specialist T-Zero has named George Harrington as chief operating officer.
SocGen reorganises capital raising and financing
Société Générale has reorganised its equity and debt operations to create a single capital-raising and financing division.
Merrill Lynch wins Derivatives House of the Year
Merrill Lynch has won Risk magazine’s Derivatives House of the Year award for 2007. Meanwhile, this year’s Energy Derivatives House of the Year award goes to JP Morgan, which talks exclusively to Risk about its acquisition of Amaranth Advisors’ energy…