Derivs - Equity

The Financial Stability Board believes regulatory or other limits regarding the derivative exposure in synthetic exchange-traded funds would help to contain risks the board associates with the use of the products.

The U.S. Commodity Futures Trading Commission has proposed exempting manufacturer end users from margin requirements under the Dodd-Frank Act, splitting with a measure unveiled by other regulators that is more limited.

Asian countries are waiting to move on regulation of over-the-counter derivatives and treatment of fx contracts until they receive clarification on rules being adopted in the U.S. and Europe, according to market players.

Germany’s Federal Court of Justice, its highest civil court, has ruled that Deutsche Bank recommended derivatives that it says calls into question the integrity of the advice it offers clients.

Jefferies has expanded its Asian equity sales and trading business with six new hires. Among the arrivals at the firm’s Hong Kong office are Paul Krake as head of hedge fund sales,

AcadiaSoft has launched an online collateral management platform for over-the-counter derivatives.

Julius Baer has begun marketing so-called worst-of cushion certificates that offer 100% participation in an underlying basket made up of Geberit, Logitech International and Sonova Holding.

Structured product funds offered in Singapore will have until April 1, 2012 to come into compliance with a restrictive new code concerning exposure to and disclosure of over-the-counter derivatives.

A three- to five-year exemption for pension funds from clearing obligations is likely to be included in the next compromise text from the E.U. Council’s working group on European Market Infrastructure Regulation.

Russia legislators have approved close-out netting for derivatives--a move that should fuel growth in a market that has widely been seen as hampered by the issue.

China structurers are working on derivative plays to give offshore investors synthetic exposure to A-shares outside of the Qualified Foreign Institutional Investor scheme.

PineBridge Investments has been authorized by the Hong Kong Securities and Futures Commission to offer its Emerging Markets Local Currency Bond Fund, which uses over-the-counter credit and other derivatives to meet its investment objectives, to Hong Kong investors.