Derivs - People and Markets

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

LCH.Clearnet has reported that buy-side cleared volumes at its SwapClear unit surged 175% in the past 12 months.

The volume of derivatives regulations in the U.S. and Europe could threaten innovation, according to Garry Jones, group executive v.p. at NYSE Euronext.

The average global credit default swap liquidity is at its highest level since Fitch Ratings began keeping records in March 2006.

Attendees of the International Swaps and Derivatives Association meeting in Chicago said it is unlikely that swaps regulations under Dodd-Frank will be repealed entirely but may be watered down.

Institutional broker Capital Institutional Services has hired Jay Vanerstrom as v.p. of derivatives trading. Vanerstrom most recently has been self-employed as financial futures analyst.

Deutsche Boerse has completed its acquisition of Eurex Zurich. Under terms of the deal, the German exchange will pay EUR295 million (USD390.16 million) and transfer approximately 5.3 million Deutsche Boerse shares to the SIX Group.

HSBC is said to have hired Pasquale Cataldi as head of it European flow rates trading. Cataldi most recently worked at Bank of America Merrill Lynch in London.

The new offshore Oeic introduced by GAM and Barclays Capital plans to invest in derivatives to give investors actively managed exposure to a portfolio of Barclays investable indices.

Pimco has launched its Global Advantage Inflation-Linked Bond Strategy Fund, which will be benchmarked against the Pimco Global Advantage Inflation-Linked Bond Index.

The U.S. Securities and Exchange Commission has appointed George Canellos deputy director of its Division of Enforcement.

Toyota Motor has sold USD20 million in step-up, callable notes, according to a regulatory filing.