Derivs - Equity

Jeremy Glaros, an equity derivatives structurer for Macquarie Securities in Hong Kong, is being transferred to the firm’s Sydney office to be a director in structuring, effective Jan. 4.

Florian de Sigy, the former European head of structured equity sales at Deutsche Bank in London, has founded Gamma Finance.

Peter Santoro, head of institutional markets at Citadel Securities in New York, left the firm yesterday. The exit came after Patrik Edsparr, the newly promoted ceo of the unit, transferred two executives from the hedge fund side to the investment bank and trading arm.

RBC Capital Markets has hired Tim Collins, a managing director in equity derivatives sales from Société Générale, to head its synthetic equity desk, which the firm is expanding.

Axel Kilian, head of equity cash and derivatives sales at Nomura in London, has reportedly left the firm.

Royal Bank of Scotland has hired Stuart Currey as an equity derivatives structurer in Hong Kong, a new role.

The International Swaps and Derivatives Association has hired Davis Polk & Wardwell to spearhead drafting of the upcoming 2010 Equity Derivatives Definitions.

China’s foreign exchange regulator has ordered all qualified foreign institutional investors to submit details of any structures referencing China A-shares that have been sold to non-licensed foreign customers.

A corporate governance review into British and foreign banks released today by the U.K. Treasury will not recommend that banks disclose the names of traders who earn over GBP1 million (USD1.6 million)—despite a recommendation otherwise by City minister Paul Myners.

Royal Bank of Canada and Société Générale say they’re seeing strong interest in principal-protected notes and call options linked to baskets of hedge funds—a sign the slumbering fund-linked derivatives market may be waking up.

Remi Colinmaire, a former equity index trader from Goldman Sachs, and Serge Handjian, the former head of equity derivatives trading for Japan at Barclays Capital, have formed an equity prop and market making outfit, RSR Capital, in Singapore.

The European Commission is not planning to limit the stakes dealers can hold in clearing houses.