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Global investors have been picking up put spreads on the U.S. dollar against the Indian rupee, as the Indian unit has appreciated following a tax cut on interest payments to foreigners on government and corporate debt. -
Shravan Sahdev, ex-managing director and head of U.S. dollar interest rate derivatives trading at the Royal Bank of Scotland in Stamford, Conn., is joining Citadel as a portfolio manager, in New York.
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Investors are scoping trading on S19 tranches of iTraxx Main that opened on April 3.
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Haroon Sana, global head of interest rates sales at Deutsche Bank in London, is leaving the firm.
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The Australian Securities Exchange is aiming to introduce client clearing for its new over-the-counter derivatives clearinghouse by the end of 2013.
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Shravan Sahdev, managing director and head of U.S. dollar interest rate derivatives trading at the Royal Bank of Scotland in Stamford, Conn., has left the firm.
