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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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  • Japan accounted for one-quarter of the volume of global over-the-counter derivative trading volume in 2011, with moderate growth in the derivatives market projected, according to Celent.
  • The Royal Bank of Scotland is said to be in talks with authorities for a deal related to its alleged involvement in the manipulation of the London interbank offered rate.
  • George Osborne, the U.K.’s Chancellor of the Exchequer, has set out guidelines for a review of the London interbank offered rate to be conducted by Martin Wheatley, managing director of the Financial Services Authority and ceo-designate of the Financial Conduct Authority, suggesting that the review should consider replacing the current Libor with one based on actual traded rates.
  • Franklin Templeton has debuted the Brazilian Opportunities Fund, which will invest in equity, fixed income and fx.
  • Ignis Asset Management has launched an absolute return credit fund that will use credit default swaps to gain exposure to investment grade and high-yield credit.
  • Janney Montgomery Scott has expanded its taxable fixed-income team with five new hires, including Richard Crescenzo and Douglas Scales as managing directors and co-heads of institutional credit sales.