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  • Bank of America Merrill Lynch equity derivatives strategists are recommending mileage options for both cheap downside protection and upside capture on Asian indices.
  • The majority of bonuses for 2010 paid out to equity derivative traders, structurers and salespeople globally are likely to be lower than for 2009.
  • The U.S. Commodity Futures Trading Commission has proposed a change in rules that would require inter-dealer brokers to trade derivatives on swap execution facilities that are open to all market users.
  • The Reserve Bank of India is expected to release its guidelines for credit default swaps in the near future, according to Subir Gokarn, the RBI’s governor.
  • The International Swaps and Derivatives Association had mixed reactions to a ruling by a British judge in a case involving termination of ISDA master agreements with Lehman Brother International Europe.
  • The U.S. Commodity and Futures Trading Commission has proposed lowering the capital requirement for becoming a member of a derivatives clearinghouse to promote “fair and open access to clearing,” according to Gary Gensler, the CFTC chairman.