Derivs - People and Markets

Uncertainty around how MiFID II’s trading obligation will function after Brexit is leading UK and European derivatives trading houses to consider executing trades in other jurisdictions.

The UK Treasury is now seeking applications for the next governor of the Bank of England. Mark Carney will step down in less than a year's time.

Eurex, the futures and options exchange, has pointed to low volatility and the upward trend for global share prices in its latest update on the derivatives market.

A new report from the Depository Trust & Clearing Corp claims recent technology advances could help reduce trade failures for institutions.

A new survey has suggested that Brexit uncertainty is weighing on activity in the UK derivatives market, sapping revenue growth prospects and raising costs.

Gaab retires from Deutsche — Bank of America nabs FIG banker from Morgan Stanley — Credit Suisse bumps up IG trading team

Credit Suisse has made a number of hires from other banks in investment grade trading for its London office, according to an internal memo seen by GlobalCapital.

A surge in shareholder activism is providing banks with a lucrative new source of revenue, but they have to tread carefully or risk losing treasured corporate relationships, writes David Rothnie.

CME Group has unveiled a new tool to inform clients such as hedge funds about financing rates for trades and how market players' positioning is changing.

TrueDigital, a New York company that uses blockchain-based technologies to offer margined deliverable swaps on bitcoin, has hired Michel Finzi, a former managing director and SVP at Instinet, as its chief commercial officer. It has also hired two ex-Citigroup bankers as salespeople.

Andy Green, chairman of IG Group, the online derivatives trading provider, is to stand down later this year.

Data from the US Commodity Futures Trading Commission suggests that institutional investors' positioning in bitcoin futures swung away from bullishness last week.