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New contracts cannot yet be traded in US
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
The derivatives market gathered in London on Thursday night to celebrate its leading players
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  • Interdealer-broker ICAP has added spot Indian rupee and INR fix trading on its EBS market for onshore customers.
  • South Korean lawmakers have approved a revised bill in the Financial Investment Services and Capital Markets Act that will allow the creation of central counterparties for clearing over-the-counter derivatives, according to the nation’s Financial Services Commission.
  • Structured note sales in South Korea soared 54% in 2012 to a record KRW70 trillion (USD64.06 billion) through an estimated 20,000 offerings, according to the Korea Financial Investment Association.
  • CME Group reported that average volumes were up 7% in February from a year earlier, and 20% higher than in January.
  • KNG Securities has hired Cedric van Kerrebroeck to its fixed-income team to help strengthen its structured-note business.
  • The U.S. Department of the Treasury is against proposals to introduce a financial transaction tax on securities and derivatives, according to Bill Brodsky, chairman and ceo of the Chicago Board Options Exchange.