Derivs - People and Markets
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Joseph Schenk is said to have resigned as ceo of proprietary-trading firm First New York Securities to pursue other interests.
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Barclays has tapped Larry Wieseneck to the new role of chief strategy officer for corporate and investment banking.
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Jason Griffith is said to have announced he is leaving as global head of equities at Jefferies, which he joined in 2006 from Societe Generale.
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The U.S. Commodity Futures Trading Commission has filed charges against Royal Bank of Canada in connection with a wash-trade scheme.
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Rep. Barney Frank (D-Mass.) said he will fight a pair of Republican-led bills aimed at weakening derivatives regulations in the Dodd-Frank Act when the House of Representatives reconvenes later this month.
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NYSE Euronext is planning to launch a contract-for-difference market in the U.K. and Europe in the first quarter of 2013.
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Van Eck has begun offering the Market Vectors International High Yield Bond ETF, which aims to replicate an index of below investment-grade debt from emerging and developed country issuers outside the U.S.
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Jefferies is said to have hired Jared Epstein as head of its new fixed-income exchange trade fund business. Epstein most recently was head of flow credit trading at BNP Paribas.
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NYSE LIffe has named Alan Whiting to succeed the retiring Hugh Freedberg as non-executive chairman of its global derivatives business, effective May 1.
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UBS’ Tokyo-based equity desk has shrunk, with the departure of Shoji Hirakawa as chief equity strategist and four equity analysts.
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Schroders has hired Tom Williams, an ex-interest rates derivatives trader at Jefferies International, as a structurer in portfolio solutions in London, a new role.
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New York Portfolio Clearing has named Alexander Broderick as its next ceo, replacing Walter Lukken, who left in February to head the Futures Industry Association.