Derivs - Equity

Hugh Murray, head of Asia equity derivatives trading for Nomura in Hong Kong, left three weeks ago for reasons that could not be determined.

Macquarie Securities Group has hired Todd Steinberg as global head of delta one in New York.

The World Bank is offering an expanded menu of structures to the governments of developing nations, including hybrid commodity hedges and interest rate swaps.

Franck Lacour, head of equity derivatives volatility trading at Barclays Capital in London, left the firm last week.

Ping An of China Asset Management, a subsidiary of Ping An Insurance, has launched a market access exchange-traded fund that gives investors access to the performance of China A-shares using over-the-counter derivatives.

Royal Bank of Scotland and National Australia Bank have partnered up on a capital-protected equity structure targeted at Australian retail investors.

The Bank for International Settlements is advising trade repositories to report data from participants in real-time when possible, with a minimum lag of one business day.

The Bank for International Settlements today recommended over-the-counter derivatives CCPs regularly check their procedures for coping with the failure of a member firm.

Three equity index traders at Nomura in London resigned yesterday and are reportedly planning to set up a hedge fund focused on volatility trading.

Banks have stepped up their issuance of reverse convertibles linked to the stocks of other financial institutions.

Chris Craig-Wood, the former head of equity index trading at Deutsche Bank in London, has landed at UBS as head of flow trading for Asia based in Hong Kong.

Achintya Mangla has been hired by Bank of America to run South East Asia equity capital markets and equity-linked solutions for Asia Pacific.