Derivs - People and Markets

Eurex Clearing has announced that it is teaming up with Pirum Systems to facilitate access to Eurex’s central clearing party service for securities lending.

Global X Funds is planning the launch of Global X Risk Parity ETF, an exchange-traded fund that will invest in derivatives as well as equities, bonds, commodities.

JPMorgan Chase has tapped Jeff Urwin, head of global investment banking coverage, capital markets and mergers and acquisitions for Asia-Pacific to take on the additional responsibilities of ceo of the region.

Keefe, Bruyette & Woods has hired Charles Luca as head of European equity capital markets.

Mitsubishi UFJ Financial Group has announced it will add 50 fx and interest-rate derivatives traders globally over the next three years in an effort to double its annual profit in the business.

TriOptima has launched its new triBalance service, which aims to reduce exposures to counterparty credit risk that are expected to arise from new derivatives regulations.

Cowen Group has named David Lu as head of investment banking for Asia. Lu has been serving as deputy head of investment banking for the region.

The Royal Bank of Canada has hired Rebecca Lau, head of credit sales at BNP Paribas in Hong Kong, and Anne Lim, v.p. in fx flow sales at Crédit Agricole, according to a market official.

Is Australia sticking to type by allowing a market-driven solution to mandatory clearing of over-the-counter derivatives? Or are the findings found in the latest OTC Derivatives Market Reform Considerations report from the Council of Australian Financial Regulators one of the smartest responses from a small-to-mid-sized G20 country yet?

Michael Schmanske, head of index volatility trading at Barclays Capital, is no longer with the firm.

The U.K.’s Financial Services Authority has issued a fact sheet for investment advisers outlining what they need to consider when recommending exchange-traded products.

JPMorgan Asset Management has announced changes in its emerging market equities team after confirming that Greg Mattiko would be leaving at the end of April as an emerging market equity manager.