Derivs - People and Markets

Nomura has expanded its global rates and fx trading team in the Middle East in Dubai with the hire of Hyeonmuk Mun to head the team.

Skandia Investment Group is said to be considering adding derivatives to protect investors in its Diversified Fund from sharp downward moves in individual holdings.

The Royal Bank of Scotland has announced the new members of its Markets Management Committee who will be responsible for strategy, according to a memo from Peter Nielsen, ceo of markets in London.

Arran Rowsell has joined Barclays Capital in London as a managing director and head of emerging Europe, Middle East and North Africa flow credit trading.

BNP Paribas in Tokyo is looking to add staff to its Japanese interest rate options trading desk in Q2 after losing staff last year.

Deutsche Bank has named Susan Chan and Neha Bakshi as co-heads of structured products for Asia, replacing Chris Lee who left the firm’s Hong Kong-based operations last month.

Morgan Stanley has placed William Bryan Jennings, its co-head of fixed income capital markets, on leave after he was arrested and charged with a hate crime involving an alleged stabbing of taxi driver of Middle Eastern descent in December.

Piper Jaffray is said to be considering a sale of its Asia investment-banking operations after launching it in 2006 but failing to gain significant market share.

Naysan Munusamy, executive director and non-deliverable forward trader at Goldman Sachs in Hong Kong, has been let go due to an alleged compliance issue surrounding trades with Macquarie in Singapore.

Stephen Kennedy, the former head of exotic equity derivatives trading for Asia Pacific at Barclays Capital in Hong Kong, has moved to ANZ.

BMO Capital Markets has appointed Darryl White as head of global investment and banking, Charles Gavsie as head of fx products and Luke Seabrook as head of financial and debt products.

CBOE Holdings has launched SPXpm long-term index option series—“Super LEAPS” options--on its C2 Options Exchange.