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  • Cyril Brudy has been promoted internally to head of money market derivatives at Deutsche Bank in Singapore.
  • Leveraged funds are trying to sell U.S. dollar via Chinese onshore yuan one-year non-deliverable forwards as CNY continues to appreciate this year, but are being hampered by the prevalent risk-off nature of the markets.
  • JPMorgan Chase has announced that Ina Drew has announced she will retire as cio and head of its Chief Investment Office and will be succeeded by Matt Zames, currently co-head of global fixed income and head of capital markets in its mortgage bank.
  • BNP Paribas has hired Andrew Tyler as a v.p. in equity derivative sales focusing on hedge funds in New York starting May 14.
  • BlackRock favors electronic trading models that use requests for quotes for trading derivatives, rather than central limit order book models, because there is currently greater access to liquidity.
  • The European Securities and Markets Authority published a consultation paper Jan. 31 setting out its proposed guidelines on UCITS exchange-traded funds and other UCITS-related issues.