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  • UBS will issue up to EUR150 million (USD 199 million) in certificates linked to a basket of long and short positions in commodity futures.
  • Terence Nahar, head of derivatives at Royal London Asset Management in London, will join Scottish Widows Investment Partnership next month, as reported last week by Derivatives Week.
  • Volcube, the derivatives simulation and training technology company, has today launched the latest release of its web-based software, including a personalized trading assistant called Volcube Market Mentor.
  • A trading platform that would allow corporates and pension funds to trade over-the-counter derivatives between themselves without going through an intermediary, such as a dealer, has emerged from corporate financing group TradeRisks.
  • Property companies have stepped up their lobbying efforts in Europe against rules that could mandate the clearing of over-the-counter derivatives. The companies argue that the new rules could drain real estate funds of billions of euros in capital.
  • Scottish Widows Investment Partnership has launched a currency fund which uses forwards to gain exposure to G10 currencies.