Derivs - People and Markets

The Bank of Thailand has lifted its offshore investment quota for both institutional and non-institutional investors, making it easier to invest in exchange and over-the-counter derivatives and other instruments.

Jason Hedberg, the ex-head of U.S. equity derivative sales at Société Générale in New York, is set to join UBS in a similar role, also in New York.

The Bank of Thailand has lifted its offshore investment quota for both institutional and non-institutional investors, making it easier to invest in exchange and over-the-counter derivatives and other instruments.

Gerrard Katz, head of fx trading, Asia, at Banco Bilbao Vizcaya Argentaria in Hong Kong, has left the firm.

The European Securities and Markets Authority is looking for clarification from market participants on which fx derivatives should be subject to mandatory clearing, specifically those that would benefit from the mitigation of counterparty credit risk through a clearinghouse.

Documentation will likely be in place for firms trading contracts using the International Swaps and Derivatives Association’s amended credit derivative definitions from March 20, 2014.

Stuart Hall, the ex-head of equity index exotics and hybrids at the Royal Bank of Scotland in London, has joined the Canadian Imperial Bank of Commerce as a managing director in equity derivatives trading for Europe, also in London.

Keith Law, an ex-equity derivatives strategist at UBS in Hong Kong, has joined Mariana Capital Markets.

The U.S. Commodity Futures Trading Commission issued late Monday night an update to its latest cross border swap exemptive order, giving a reprieve to foreign branches of U.S. swap dealers located in jurisdictions, such as Singapore, that were not covered in the original order issued late last Friday.

Ray Joseph, cio and executive director at the Office of the Special Trustee at the U.S. Department of Interior for the state of New Jersey, has joined Barclays’ as a director in investor solutions, in New York.

MarketAxess has applied to the U.S. Commodity Futures Trading Commission to become a swap execution facility under Dodd-Frank.

Australian entities registered with the U.S. Commodity Futures Trading Commission as swap dealers will need to report over-the-counter derivative trade information for certain asset classes to licensed Australian repositories from Oct. 1 this year.