Derivs - Equity

Case Western Reserve University is turning away from long/short equity managers because it prefers to hedge risk more directly through derivatives.

Poland’s national securities depository Krajowy Depozyt Papierów Wartosciowych is planning to launch a central counterparty, Europe’s fifth, by the end of June 2012.

Credit Suisse said it plans to tap into the potential of equity derivatives and cash equities to help it reach a return-on-equity target of more than 15% for 2013.

The International Swaps and Derivatives Association said the size of the global over-the-counter market is around USD401 trillion, not the USD583 trillion estimated last year by the Bank for International Settlements. Click here to read the story from The Wall Street Journal

Complaints from retail investors in the U.K. over structured products declined in the second half of 2010 from the previous half, according to the U.K. Financial Services Authority’s latest aggregate complaint statistics released today.

Several hedge funds bought a total of about USD1 billion of one to two-year 105-110% upside calls on the TOPIX Index tracking Japanese banks shortly before the earthquake, leaving those trades now closer to 125% out-of-the-money, according to one official with knowledge of the trades.

The International Swaps and Derivatives Association has outlined its views of the swap execution facilities and their role in the over-the-counter derivatives markets.

LCH.Clearnet is making the over-the-counter derivatives market its top priority this year, according to Roger Liddell, its ceo.

U.S. regulators need to reconsider proposed levels for block trade thresholds, Robert Pickel, executive vice chairman of the International Swaps and Derivatives Association, told Derivatives Week in an exclusive interview.

UBS has appointed traders Olivier Pollak and Chris Neale to new roles as the firm continues to build out its equity derivative capabilities.

Central counterparty master bridge agreements and updates to the 2(a)(iii) default provision may not make for headlines as sexy as last year when it comes to the International Swaps and Derivatives Association 2011 Annual General Meeting in Prague, but they will certainly get industry-types excited.

Nomura has hired Emmanuel Slezack as a managing director and head of Asia Pacific index flow trading in Hong Kong.