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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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  • David Lake is leaving as head of equities derivatives and structured products sales at the Royal Bank of Scotland, along with Zak De Mariveles, a managing director in structured products.
  • The International Swaps and Derivatives Association has upgraded its online library of ISDA documents and definitional booklets.
  • The Royal Bank of Scotland is to begin downsizing in global equity derivatives and investor products as part of a reorganisation of the business, with cuts expected imminently in sales, trading and structuring.
  • David Gladstone, executive director and distressed debt and credit trader, and Kar Seng Yee, a credit trader at Morgan Stanley in Hong Kong, have left the firm.
  • The U.S. Commodity Futures Trading Commission addressed several issues relating to proposals to regulate the swaps market under the Dodd-Frank Act.
  • The Royal Bank of Scotland in South Korea is gaining increased interest from investors in so-called maze notes.