Derivs - People and Markets

SEC chairman Jay Clayton warned the US Senate Committee on Banking about risks to US capital markets from Brexit, in a hearing conducted on Tuesday.

HSBC’s head of global markets Thibaut de Roux left the bank in September, following an accusation of inappropriate conduct from a junior female employee, according to reports from Bloomberg.

Eurex Exchange has hired a chief technology officer from within its ranks to work on the company’s IT strategy and trading system development.

US swap market participants are beginning to emerge from reading the 723 pages of proposed rule changes for swap execution facilities and the trade execution requirement published by the Commodity Futures Trading Commission (CFTC). Meanwhile, they received notice this week of the man likely to replace the architect of the proposals.

EU lawmakers are ready to grant a temporary authorisation for the City’s clearing houses (CCPs) and central securities depositories (CSDs), according to two drafts documents obtained by GlobalCapital.

The UK Financial Conduct Authority (FCA) on Friday proposed new rules that would permanently restrict or ban the use of certain complex derivatives products by retail customers.

The back and forth of an antitrust case aimed at Wall Street’s biggest swaps dealers continued apace this week, as defendants sought to prevent an amended complaint being filed against them, rejecting that one of their former employee’s declarations could be considered new information.

The London Stock Exchange Group has decided to shut down some product lines in its equity derivatives business as it focuses on its interest rates offering.

The chairman of the Commodity Futures Trading Commission (CFTC) on Thursday seemed to side with the Bank of England in demanding more clarity from European authorities on how they plan to alleviate post-Brexit derivatives disruption.

The Commodity Futures Trading Commission (CFTC) on Tuesday announced the composition of a 21-member committee that will advise the derivatives regulator on interest rate benchmark reform.

The Council of the European Union has approved its final version of a controversial legislative proposal that seeks to overhaul the bloc’s oversight of clearing houses.

Nomura said it had appointed Ralson Roberts, formerly Goldman Sachs's co-head of EMEA execution services, as chief executive of Instinet, its agency brokerage unit.