Derivs - People and Markets

The International Swaps and Derivatives Association has called on Canadian regulators to make clear which trades, entities, transactions and markets are covered in the latest over-the-counter central counterparty clearing consultation from the Canadian Securities Administrators.

Pedro Goldbaum, an ex-executive director in exotic interest rates trading at JPMorgan in London, has joined Citigroup in a similar role in New York, according to an official familiar with the move.

Andy DePhillips, director in fx sales at Credit Suisse in New York, has left the firm.

Giovanni Leonardi, head of Europe, the Middle East and Africa delta one index and market access sales for equities at Nomura in London, has left the firm.

Equity derivative officials at major dealers in Hong Kong are preparing for a fresh round of staffing cuts over the next few weeks.

Angelo Gordon & Co., a USD24 billion investment manager, has hired Mike Pope, managing director of loan sales at Goldman Sachs, as head of credit trading in New York.

P.K. Sinha, director in fx and emerging market sales at BNP Paribas in New York, has left the firm.

Vietnam is looking to establish an exchange-traded fund market, according to a draft consultation from the country’s regulator. The consultation comes as part of a wider push into the open-ended fund market, according to lawyers.

Dominique Blanchard, managing director and global head of derivatives and convertible bonds in Hong Kong at Daiwa Capital Markets, has refuted reports the firm plans to cut 50 staff from its Hong Kong office.

Replacing the London interbank offered rate could be highly disruptive to the financial market and would be a difficult task to undertake, according to Stephen O’Connor, chairman of the International Swaps and Derivatives Association and managing director at Morgan Stanley.

Adrian Averre, co-head of fixed income Japan at BNP Paribas in Tokyo, has been has been made global head of G10 flow rates trading. He’s transferred to London to take up the promotion.

Adam Kellogg, the ex-head of U.S. dollar interest rate options at Credit Suisse in New York, has joined BlueCrest Capital Management, also in New York.