Derivs - People and Markets

Barclays Stockbrokers has introduced the UK 5x Supertracker, a structured product linked to the performance of the FTSE 100.

The Australian Securities Exchange reported a 7.4% increase in net profit in 2010, thanks in part to a 17% rise in revenue from derivatives.

Hong Kong Exchanges and Clearing said it has entered discussion with exchanges in China to develop a joint venture that could include indexes and stock derivatives.

Deutsche Bank has named Paul Winter as head of collateral management and valuations.

GFI Group has urged the Securities and Exchange Commission to broaden the planned exemption for security-based swaps (SBS) from parts of the securities laws.

The Association for Financial Markets in Europe has criticized a proposal by French President Nicolas Sarkozy and German Chancellor Angela Merkel to tax financial transactions.

Citigroup has named Sam Ahmed as head of collateral managed sales for Asia-Pacific at its global transaction services.

Threadneedle has changed its investment policy to allow managers of its six fettered funds to invest up to 20% of their portfolio in the firm’s funds that use derivatives for investment purposes, effective Oct. 1.

Broker-dealer MF Global has named Vinay Mahajan as global treasurer. Mahajan most recently was managing director and treasurer at Fortress Investment Group.

Todd Edgar, a top commodities trader, is leaving Barclays Capital with 12 of his fellow traders to launch a hedge fund by the end of the year.

Derivatives analytics provider Numerix has unveiled its latest version of Numerix CrossAsset, with three new inflation market models.

Ashurst has transferred London partner Chris Whiteley to Hong Kong as the branch’s only derivatives partner, according to a memo from the firm.