Derivs - People and Markets

BNY Mellon has added new margin management capabilities to DM Edge, its derivatives collateral servicing platform for institutional clients.

Citigroup is limiting the hiring for its investment banking as well as trading, consumer banking and global transaction services to only jobs it considers critical as a result of a continued economic slowdown and a drop in revenues.

iShares has expanded its fixed-income exchange-traded fund offerings with the launch of the iShares Markit iBoxx $ High Yield Capped Bond and iShares Barclays Capital US Aggregate Bond on the London Stock Exchange.

NatWest International has begun offering issue 8 of its Navigator International Account.

Royal Bank of Scotland has named Alan Roch as head of bond syndicate for Asia-Pacific.

The International Organization of Securities Commissions is advising member regulators to require over-the-counter physical commodities derivatives to be reported in trade repositories.

The International Swaps and Derivatives Association plans to implement new dispute resolution procedures by month-end and a narrowed version of the standard credit support annex for derivatives transactions by the middle of next year.

The International Swaps and Derivatives Association has urged Canadian regulators to follow the same format of global trade repositories should it decide to push ahead with a local trade repository in the country.

CBOE Holdings announced that it will begin trading SPXpm, its new S&P 500 Index options product, Oct. 4 on its all-electronic C2 Options Exchange.

Abu Dhabi Islamic Bank has launched the ADIB Diversified Basket Note, a 100% capital protected instrument.

HSBC Securities Services has begun outsourced clearing and settlement processing services for local and cross-border broker-dealers in Thailand.

Jefferies has appointed Sean Darby as global head of equity strategy.