Derivs - Credit

Nipun Goel and Indraneil Borkakoty are said to be among the top executives leaving Nomura Holdings’ operations in India.

Vaibhav Piplapure, Credit Suisse’s head of the asset finance team in Europe, is leaving his position in which he heads structured corporate credit products like credit linked notes.

Investors should buy two month dual digital options on the euro/Australian dollar and euro versus the yen in a bid to catch a drop in correlation between the pairs and position for the view the AUD is primed to weaken, say strategists at Société Générale.

European investors are moving away from derivative-backed exchange traded funds, showing a greater preference for physically-backed ETFs, according to strategists at BlackRock.

CME Group has seen an increase in clearing volume for interest rate swaps and credit default swaps during September and October.

The Royal Bank of Scotland is reducing and restructuring its fixed income division.

Euro/Swiss franc option flows are spiking as hedge funds and other institutional investors play upside and downside scenarios.

The Royal Bank of Canada has hired Amy Wu in New York to its global equity linked products division to focus on equity derivatives and cross-asset strategies.

Société Générale is recommending selling five-year credit default swaps on Imperial Tobacco against the Markit iTraxx Europe index.

Société Générale and Credit Agricole Corporate Investment Bank are not doing business with GFI because the interdealer broker is in the process of hiring around 40 officials from the derivative and securities brokerage Newedge.

BNP Paribas has hired Deron Goodwin in a new role as managing director in corporate fx sales in New York.

Jefferies has made two senior hires in London as it expands its fixed-income capabilities in Europe.