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SSA
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  • Silvan Herriger, the ex-head of index derivatives trading for Europe at BNP Paribas in London, has joined interdealer broker Vantage Capital Markets as global co-head of brokerage, a new role.
  • Private banks in Asia are buying exotics tied to the performance of the yuan and Chinese stocks, which they and their clients are not licensed to trade directly.
  • Raymond Wong, a managing director at Goldman Sachs in Hong Kong and a member of the firm’s China corporate coverage team, left the firm last week and is tipped for a structuring role at UBS.
  • UBS has hired John Sillam as a senior equity derivatives correlation trader in Asia.
  • Wall Street bonuses rose an estimated 17% to USD20.3 billion in 2009, according Thomas DiNapoli, the New York state comptroller.
  • LCH.Clearnet and TriOptima said that members of LCH’s SwapClear service compressed some EUR3 trillion (USD4.55 trillion) in notional euro-denominated interest-rate swap trades.