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  • Gerrard Katz, head of fx trading, Asia, at Banco Bilbao Vizcaya Argentaria in Hong Kong, has left the firm.
  • The European Securities and Markets Authority is looking for clarification from market participants on which fx derivatives should be subject to mandatory clearing, specifically those that would benefit from the mitigation of counterparty credit risk through a clearinghouse.
  • Goldman Sachs’ net revenues in equities, excluding reinsurance, jumped 23% year-on-year, driven by higher net revenues in derivatives and cash, according to its Q2 2013 earnings.
  • Documentation will likely be in place for firms trading contracts using the International Swaps and Derivatives Association’s amended credit derivative definitions from March 20, 2014.
  • Stuart Hall, the ex-head of equity index exotics and hybrids at the Royal Bank of Scotland in London, has joined the Canadian Imperial Bank of Commerce as a managing director in equity derivatives trading for Europe, also in London.
  • Keith Law, an ex-equity derivatives strategist at UBS in Hong Kong, has joined Mariana Capital Markets.