Derivs - FX

Interest in early redemption bonus structures is increasing as investors opt for products with shorter maturities to participate 100% in the positive performance of equity underlyings.

Holders of accumulators referencing the China H-share market are seeing immediate benefits from a plan to tie the Shanghai Stock Exchange more closely with the Hong Kong Exchange.

The House Agriculture Committee approved legislation on Wednesday to reauthorize and improve the operations of the US Commodity Futures and Trading Commission, as well as address concerns relating to the protection of end users from market failures.

Corporate investors with exposure to the Korean won are choosing to stay out of the options markets this week, as the KRW strengthens against the US dollar.

One investor has picked up one billion in notional in puts on the euro against the dollar as the currency pair continues to move higher.

Jill Considine is set to join the board of directors at LCH.Clearnet Group on April 25, 2014. She was previously one of three trustees of the AIG Credit Facility Trust, a role appointed by the US Treasury and Federal Reserve Bank of New York, from 2009 to 2011.

Philippe El-Asmar, head of global equities distribution and head of distribution Asia Pacific at Barclays in Hong Kong, will leave the firm at the end of April.

Saxo Bank has launched over-the-counter options on the US dollar against the offshore Chinese renminbi on its trading platform.

Paul Thind, the ex-head of custom indices for Asia Pacific at the Royal Bank of Scotland in Hong Kong, and founder and ceo of financial boutique Algoam in Zurich, has joined fx analysis and execution firm OANDA.

By Gavan Nolan, credit analyst at Markit

Lutz Goergen, a credit options trader at Goldman Sachs in London, is set to leave the firm.

Paul J. Andersson, the ex-managing director and global head of pan-Asian equity derivative and convertible sales at Citigroup in Hong Kong, has joined Mizuho Securities.