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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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  • Roughly 36% of the 398 rules required under the Dodd-Frank Act still have not been written two years after the legislation became law, according to research by the law firm Davis Polk & Wardwell.
  • U.K. regulators are investigating 18 banks in its probe of alleged manipulation of the London interbank offered rate, according to Tracey McDermott, acting head of enforcement at the Financial Services Authority.
  • Hong Kong-based China Asset Management has announced plans to launch what is believed to be the first exchange-traded fund in the territory to offer direct exposure to China shares.
  • Legal & General has launched its Growth Plan 8 and 6 Year Growth Deposit Bond 15, two structured products linked to the future performance of the FTSE 100.
  • Utah-based corporate fx brokerage GPS Capital Markets has opened an office in London, its first outside the U.S.
  • Global high-yield issuance is expected to slow in the second half of 2012 amid an uncertain macro environment and a reduced need for companies to refinance.