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New contracts cannot yet be traded in US
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  • Société Générale has launched two tools on its online equity derivatives research platform that allow investors to choose the best options when implementing volatility pair trade scenarios, a first for the market, according to strategists. The launch on VolHub comes as dealers ramp up online equity derivative research and analytical capabilities to streamline the investment process of buysiders.
  • Tokyo-based Simplex Asset Management has launched two synthetic exchange-traded funds Thursday on the Tokyo Stock Exchange.
  • Three former employees of Deutsche Bank have filed a complaint with the U.S. Securities and Exchange Commission and other regulators that the German bank misvalued derivatives known as leveraged super senior trades to help avoid a government bailout.
  • Standard & Poor’s has warned the credit outlook for clearing houses and equities and derivatives exchanges was heading negative because of declining revenue from trading and from higher costs.
  • BNP Paribas and Societe Generale have been hiring top bankers in the U.S. in a drive to expand their businesses, with an eye on growing in areas such as derivatives, mortgage securitizations and private banking.
  • The European Union’s Permanent Representatives Committee has approved amended proposals on credit rating agencies that have been agreed by the European Parliament.