Derivs - FX
-
Merrill Lynch has lost a Milan-based structured equity derivatives salesman, Matteo Kohlloeffel, to Landesbank Baden-Württemberg.
-
Water and power player the Orlando Utilities Commission changed course on a planned issue of fixed-rate bonds and issued instead issued variable-rate and fixed via a swap.
-
Markit Group and a group of dealers are set to start trading an index referencing credit-default swaps on 50 municipal bonds May 6.
-
Calyon has hired fx and rates sales specialist Arnold Kan as deputy head of fixed income markets for Asia ex-Japan, a new role for the firm.
-
Institutional investors are beginning to play the de-coupling of inflation rates in emerging and established markets.
-
Two senior credit bosses have left Merrill Lynch in Hong Kong, sparking talk that more may follow.
-
The Royal Bank of Scotland is gearing up to launch fx structures under its structured investor products program in the Hong Kong market.
-
Investors expecting the New Zealand dollar to slump against the U.S. dollar were buying kiwi puts last week, as warnings were raised about the country's economy.
-
Lehman Brothers has scooped up a sales head in Singapore from JPMorgan.
-
Last week saw a swathe of retail note issuance across a wide range of asset classes.
-
Adrian Fong has resurfaced at Standard Chartered to head up interest-rate derivatives trading in Hong Kong, as part of the firm’s build out of its derivatives business.
-
A breakdown in LIBOR-linked funding is leading market participants to peg derivatives transactions on alternative rates such as overnight index swaps.