Derivs - People and Markets

VTB Capital has hired Oleg Desh as head of corporate solutions and co-head of structured-product origination.

Pacific Investment Management Co. has named Neel Kashkari as head of global equities.

The European Commission plans to issue a directive to facilitate close-out netting throughout Europe, a triumph for the industry that would facilitate greater certainty for counterparties when entering into derivative transactions in the region.

Nicola Pantone, head of Asia equity derivatives flow sales at Société Générale in Hong Kong, is set to join HSBC in a similar role.

Structured Products Go, the U.K.’s first structured product platform, has been launched by Phil Taylor and Ben Murison, structured product specialists formerly with Barclays Capital and Royal Bank of Scotland, respectively.

Incapital Europe has rolled out the Digital Growth Plan, a structured product linked to the performance of the FTSE 100.

Paul Meier, chairman of the Swiss Futures and Options Association, has retired from his position after 10 years.

JPMorgan has hired Neil Hounslow, the ex-head of flow financing, prime services Asia Pacific at Credit Suisse in Hong Kong, to head its prime brokerage business in the region, according to market officials.

The U.S. Commodities Futures Trading Commission has approved CME Clearing Europe as a derivatives clearing organization.

GFI Group has launched matching of U.S. dollar interest-rate spread options.

State Street has launched a swaps clearing platform as part of its expansion of its futures commission merchant activities.

The U.S. Commodities Futures Trading Commission has appointed John Rogers as cio and director of the CFTC’s new Office of Data and Technology.