Derivs - People and Markets

Switzerland’s BX Berne eXchange has launched Aixecute, a new platform for trading of shares, bonds, funds and derivatives.

The London Stock Exchange’s Turquoise equity trading unit has added FTSE index options to its derivatives platform.

Nasdaq OMX is preparing to release two new market feeds, the Nordic Fixed Income TotalView and Nordic Derivatives TotalView.

Nomura has hired Steve Kilcullen as head of flow derivatives sales in New York, where he will be focusing on building out the equity options business.

Steven Downey, the former head of European equity derivatives trading at UBS in London, is set to join Nomura as head of equities trading.

U.S. banks increased their holdings in derivatives by more than 11% in the second quarter from a year earlier, according to a report by the Office of the Comptroller of the Currency.

U.S. automakers are lobbying against proposals that would subject them to derivatives regulations.

Legacy Asset Management, a unit of Lehman Brothers Holdings, has begun processing an estimated half million of the investment bank’s swaps nine months after LAM began work on a core derivatives platform to organize them. Click here to read the story from Asset Servicing Times

BTIG is said to have lost several members of its high-yield brokerage team either through resignations or job cuts.

Abdelkerim Karim, global head of equity derivatives at Nomura in London, and Emad Morrar, global head of product strategy also in London, have the left the firm.

Industry groups have begun to pressure the Commodity Futures Trading Commission to smooth out the differences between its planned business conduct rules for swaps entities and less onerous ones proposed by the Securities and Exchange Commission.

The National Stock Exchange of Australia has named Emlyn Scott as ceo, effective Oct. 3.