Derivs - Equity

UBS has hired Tom Regazzi as head of U.S. delta one trading. The delta one platform is a combination derivatives, cash and prime brokerage, and predominately serves hedge funds and institutional clients.

Asian fund of funds manager, Gen2Partners, is widening the investing mandate of its flagship Explorers Fund.

The fight isn’t over on the U.S. Senate Financial Reform Bill, despite Republicans successfully blocking a vote on bringing the bill, which would bring sweeping restrictions to over-the-counter derivatives, to debate last night. Democrats will force two more votes today and tomorrow.

Hedge funds have been putting more money into dispersion trades, another indicator of growing risk appetite in the market. But this time, firms are pushing them to use volatility swaps instead the previously-favored variance swaps.

ING Bank has issued five-year hybrid notes with returns linked to the three-month Euribor and capital protection linked to the Dow Jones Eurostoxx 50 Index.

An age-old problem that traders have encountered when trying to price options across different points in time using volatility estimates may have a solution from a team working for Paris-based financial markets software company Murex, which will publish rather than sell the formula.

Lukas Klein, head of single stock equity derivatives trading at Barclays Capital in London, has resigned.

Credit Suisse is set to launch a new equity structured product for institutional and wholesale investors in Australia called the Investment Accelerator.

The Senate Agriculture Committee voted 13-8 to send the Wall Street Transparency and Accountability Act of 2010, penned by Chairman Sen. Blanche Lincoln (D-Ark.), to the full senate.

Charles Chiang, head of Asia equity index flow trading at JPMorgan, left the bank last week.

Makram Fares, head of equity derivatives distribution at UBS in London, resigned yesterday, reportedly to join Nomura.

Shawn Riley, head of Asia equity sales and trading at Banco Bilbao Vizcaya Argentaria, has left the firm.