Derivs - People and Markets

Morgan Stanley has appointed Takashi Miura to replace the departing Hidetoshi Ohashi as a credit strategist based in Tokyo.

JPMorgan Chase is said to have made cuts to its prime brokerage division, including Keith Pulsifer, head of prime brokerage services.

Credit default swap spreads on Hungary’s sovereign debt has narrowed 75 basis points in the past week to its lowest level of 2012 on talks with the International Monetary Fund and the European Union for financial assistance.

The Depository Trust & Clearing Corp. began publishing public information on over-the-counter interest rates trades on May 1.

Bank of America is said to have hired Paul Baron as co-head of its equity derivatives sales team for Europe, the Middle East and Africa.

Bank of America is said to preparing to slash 2,000 jobs in its investment-banking, commercial banking and non-U.S. wealth management businesses.

William Lee, the former head of JPMorgan Chase’s equity derivatives business for the Asia-Pacific, said he is planning to launch a relative-value Asia-focused hedge fund as early as November.

ICAP has expanded its financial futures and options team with the hiring of Michael Drennan, formerly of MF Global, as head of North America future and options, based in Chicago, and has opened an office in Dubai.

JPMorgan Chase has named Charles McKenzie as head of client portfolio management in Europe, the Middle East and Africa on its fixed income team.

The Options Clearing Corp. reported that its cleared contract volume fell 5% in April from a year earlier, with options trading volume and equity futures down 7% and 31%, respectively, during that period.

Deutsche Bank has hired Maurice Marchesini as managing director and head of investment banking for Latin America.

JPMorgan Chase is said to have made cuts to its prime brokerage division, including Keith Pulsifer, head of prime brokerage services.