Derivs - People and Markets

Deutsche Bank holds the top spot in U.S. fixed income with a 12.2% market share, followed by Goldman Sachs (11.2%), JPMorgan (10.8) and Citigroup (10.4%), according to Greenwich Associates.

The European Commission has issued a consultation paper on the potential impact of a curb on the use of derivatives on UCITS funds. .

IntercontinentalExchange has announced that all cleared over-the-counter products listed on ICE's OTC energy market will be transitioned to futures products next January.

Russia’s Sberbank has launched Sberbank Merchant Banking, which will invest in shares, derivatives and structured instruments.

Schroders has urged Marcus Agius, chairman of UBS, in a letter to take advantage of the scandal involving the London interbank offered rate to change its current strategy and rely less on investment banking.

Barclays is planning to launch on Aug. 1 its Eurostoxx 50 Supertracker, a six-year structured product.

Antoine Cornut has left as head of flow-credit trading in the Americas and Europe at Deutsche Bank for a hedge fund.

Lloyds Bank Corporate Markets has expanded its global fx business with the hiring of Paul Bernasconi as director of fx institutional sales and Nathan Pederson as director of forward fx trading, both new positions.

State Street Global Advisors has received licenses from S&P Dow Jones Indices to launch two exchange-traded funds, the S&P/ASX Australian Fixed Interest Index Series and the S&P/ASX Australian Government Bond Index.

LCH.Clearnet has hired Martin Ryan as group head of operations and client services in London.

Meteor Asset Management has introduced three structured kick-out products: the Step-Down Defensive Plan August 2012, the Dual Index Kick-Out Plan August 2012 and Triple Index Kick-Out Plan August 2012.

NYSE Euronext has named Hiroshi Nomoto to head its sales and client coverage teams for Japan.