Derivs - FX

South Korea’s Financial Services Commission is looking to stimulate its exchange-traded fund business by relaxing regulations on index-tracking funds, according to China’s Xinhua News Agency.

Fears that Australia’s resources boom is finally coming to a close drove credit default swap prices on the nation’s biggest miners to rise sharply within the last week.

The European Parliament has set an indicative date of Oct. 23 for a plenary discussion on legislative proposals for the amended Markets in Financial Instruments Regulation (MiFIR) and Markets in Financial Instruments Directove (MiFID).

Credit Suisse has hired Dominic Yip, an ex-fx options trader at Citigroup in London, as head of fx developed markets options trading for Asia, based in Singapore.

A one-month euro/U.S. dollar call with a notional of EUR1.2 billion hit the market on Tuesday following a continued strengthening of the euro.

Barclays is advising investors to buy three-month dual European digitals on the euro/U.S. dollar against the dollar/yen to position for the possibility of no further quantitative easing in the U.S.

Charles Cernosia, an ex-G10 fx options trader at Citigroup in Singapore, has joined Commerzbank as regional head of fx flow options, also in Singapore.

A one-month euro/U.S. dollar call with a notional of EUR1 billion has hit the market as the euro has continued to strengthen over the past few days.

Innovation in product development, open access and full margin transparency for buysiders and sellsiders were some of the attributes that set CME Clearing apart from its competitors over the last year, according to market participants. That helped the firm land the 2012 Clearinghouse Of The Year award from the editors of Derivatives Week/Derivatives Intelligence.

JPMorgan in London has hired James Gething, an ex-fx options trader at the Royal Bank of Scotland in London, as co-head of fx options trading for Central & Eastern Europe, Middle East and Africa.

Barclays is advising investors to buy three-month euro/U.S. dollar puts with a one-month window knock-in, playing the view the euro rally will not be sustained.

Investors in Hong Kong will be able to trade China offshore renminbi, U.S. dollar deliverable futures from Sept. 17, the first time deliverable CNH futures have been offered.