Derivs - Equity

Australian entities registered with the U.S. Commodity Futures Trading Commission as swap dealers will need to report over-the-counter derivative trade information for certain asset classes to licensed Australian repositories from Oct. 1 this year.

Emmanuel Slezack, former managing director and head of Asia Pacific index flow trading in Hong Kong at Nomura, has joined Hong Kong-based hedge fund BFAM Partners.

Société Générale has hired Catherine Bradley, the ex-head of Credit Suisse’s equity-linked products group in Asia, as head of the firm’s newly formed Strategic Transactions Group in Asia Pacific.

The U.S. Commodity Futures Trading Commission has included collective investment vehicles, including hedge funds and commodity pools, in its definition of what it considers a U.S. person in its interpretative guidance regarding the cross-border application of the swaps provisions of Title VII of Dodd-Frank.

Min Park, former managing director and co-head of equity derivatives and convertibles for Asia Pacific at Credit Suisse in Hong Kong, has landed at Standard Chartered.

The Australian Securities Exchange will look to add strategic indices that reference its volatility index once liquidity in its VIX increases.

The U.S. and E.U. regulator deal announced today stating their mutual understanding on cross-border derivatives rules should help protect firms from overlapping regulatory requirements and increased costs.

Investor demand for delta one products is spiking globally.

Increased volatility in the global equities markets has led to a spike in ICAP’s global equity derivatives performance over the last quarter, according to the firm’s interim management statement.

Tobi Molko, managing director in equity derivatives at Bank of America Merrill Lynch in New York, is set to join BNP Paribas in a similar role, also in New York.

BNP Paribas is recommending investors to enter into a volatility spread on the FTSE 100 against the S&P 500, with the U.K. equity benchmark set to benefit from an expected announcement on Aug. 1 from new Bank of England Governor Mark Carney setting out GBP100 billion in quantitative easing.

The Royal Bank of Scotland in Japan will retain the ability to structure hybrid structured products that reference equity and fixed income, such as dual range accruals, despite the firm’s recent announcement to move out of equity.