Derivs - Equity

Clearing of over-the-counter interest rate swaps via Singapore Exchange’s central clearing counterparty DerivativesClear rose in January for the first time in three months to SGD12.92 billion (USD10.34), from SGD1.26 billion (USD1.01) in December.

Ping An of China Asset Management, a Hong Kong-based subsidiary of Chinese firm Ping An Insurance, plans to issue three synthetic exchange-traded funds referencing mainland China financial indices, the firm’s first ETF offering in over a year.

Kevin McGoldrick, managing director and head of equity derivative flow sales at UBS in Stamford, Conn., has left the firm.

The possibility of a euro member leaving the currency union—and even the European Union itself—is increasingly center stage for firms and their advisors who are poring over contracts to assess whether they need revision.

John Wang, a managing director and equity derivatives index trader at Goldman Sachs in New York, has left the firm.

Australia’s legal definitions for derivatives are working effectively and should not be simplified further through changes to the nation's main financial markets law, according to the Corporations and Markets Advisory Committee.

EFG Financial Products has launched a multi-barrier reverse convertible structured product on three oil service company stocks denominated in XAU, the trading unit for gold.

UBS has begun offering algorithmic trading strategies in Mexico to increase access for international clients trading in the region.

An exchange traded fund from Nomura, recognized as the market’s first volatility-linked ETF that reduces incurred slide costs, has grown two-fold after seeing increased inflows from institutional investors from the beginning of January.

HSBC in Australia could issue partial capital protected reverse convertible structured products to domestic investors in the early second half of the year, a first for the firm in the country.

Investors eyeing equity dislocations should position themselves long volatility on the Bovespa Brazil Sao Paulo stock exchange index and short volatility on the Brazilian real/U.S. dollar cross, say strategists from Barclays Capital in New York.

Investors eyeing equity dislocations should position themselves long volatility on the Bovespa Brazil Sao Paulo stock exchange index and short volatility on the Brazilian real/U.S. dollar cross, say strategists from Barclays Capital in New York.