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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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  • ABN Amro has closed its Delta One arbitrage equity-derivatives unit, resulting in the elimination of a total of 40 jobs in Amsterdam, New York, London, Frankfurt and Hong Kong.
  • The U.S. Commodity Futures Trading Commission has unanimously voted to require swap dealers and other market participants to maintain audio records of commodities transactions for one year.
  • The European Energy Exchange and Eurex Exchange have teamed up for a joint incentive program to attract more U.S. companies to participate in the EEX.
  • Some 45% of sell-siders said they are still not prepared to meet deadlines for implementation of new regulations for over-the-counter derivatives, currently scheduled to go into effect in the U.S. and Europe in the middle of 2013, according to Rule Financial.
  • The Royal Bank of Scotland may settle charges of manipulation of the London interbank offered rate with U.K. and U.S. regulators for GBP350 million (USD567 million) as early as next month.
  • UBS may pay up to USD1.6 billion to settle with U.S., U.K. and Swiss regulators to settle claims that it manipulated the London interbank offered rate.