Derivs - People and Markets

Deutsche Bank has named Binky Chadha to the new position of chief global strategist and David Bianco to succeed him as managing director and chief U.S. equity strategist.

Christopher Wendel has left as Nomura’s global head of equity sales.

One of two new corporate-bond exchange-traded funds launched by Horizons Exchange Traded Funds, Horizons U.S. Floating Rate Bond ETF, will invest in derivatives, including interest-rate swaps.

State Street has announced it is launching SwapEx, a new swap execution facility, to coincide with implementation of derivatives regulations in the U.S. and Europe this year.

The Wholesale Market Brokers’ Association aims to meet with the European Securities and Markets Authority to push for non-discriminatory access to central counterparties.

The Monetary Authority of Singapore will not require foreign regulators seeking data from its trade repositories to provide indemnification against litigation.

William Lee, managing director and head of equity derivatives Asia Pacific at JPMorgan in Hong Kong, is leaving the firm.

The California Public Employees' Retirement System thinks portfolio managers will increase their use of credit default swaps to reduce economic risk on specific bond positions to deal with volatility induced by the Volcker rule.

Dahlman Rose has expanded its investment bank capabilities with the launch of it OTCQX markets group.

The European division of iShares has named Leland Clemons to the new position of head of capital markets for Europe, the Middle East and Africa.

Nasdaq has proposed new rules for listing and trading structured notes in an effort to boost the number of exchange-traded products listed on the exchange.

Pictet Asset Management has rolled out the Pictet-EUR Short Term High Yield Fund.