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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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  • Cantor Fitzgerald is planning to expand its broker-dealer with the hiring of another 800 workers in coming years, according to Shawn Matthews, ceo of the broker-dealer.
  • ProShares has introduced the ProShares Short Euro, an exchange traded fund that the firm said is the first to match the return of the euro short against the U.S. dollar over a single day.
  • Hutchin Hill Capital has followed Saba Capital Management as the second hedge fund to exit trades made by Bruno Iksil, the credit derivatives trader at JPMorgan Chase in London at the center of the investment bank’s recent massive losses.
  • UBS Global Asset Management has launched on the London Stock Exchange a range of exchange-traded funds containing 66 share classes and replicating 40 indices.
  • The Royal Bank of Scotland has named David Gray as its first head of its prime services desk for the Asia-Pacific.
  • Just the other day, German Chancellor Angela Merkel stated her belief that the E.U. Leaders’ Summit currently underway could be “contentious.” With the Chancellor running for re-election and bailout fatigue running high in the German populace, Germany has little desire for any type of risk mutualization without first seeing a much tighter fiscal union—something that is at least a few years away.