Derivs - People and Markets

Robert Reid and Andrew Brogden, said to be the driving forces behind Investec Structured Products, have left their respective positions as head of equities and head of equity derivatives.

MTS, the London Stock Exchange’s electronic fixed-income dealing unit, is planning to introduce a platform to trade credit swaps, according to CEO Jack Jeffery.

Baring Asset Management named Ajay Argal as head of equities for India.

Royal Bank of Scotland has boosted investment banking and wholesale banking in China with the hiring of Qin Cheng Hua as country executive and Charles Zhou as managing director for China origination.

Philippe Roger, former global head of structured credit trading at JPMorgan in London, has joined UBS as a managing director in structured credit trading, also in London.

An updated draft proposal for a revamped New Zealand securities law has been proposed by the country’s Financial Markets Authority that would allow the regulator to declare certain derivatives as securities and vice versa.

Yann Robbiola, a senior structured derivatives salesman for France at Bank of America Merrill Lynch in Paris, has left the firm.

Three new Asia funds—BAF Capital Management, Charlie Chan Capital Partners and Myriad Asset Management—are all planning launches in the second half of the year.

Barclays has received a license from the government of Israel to open a branch with an eye toward expanding

Legal & General has rolled out its 6-Year Growth Deposit Bond 9.

Royal Bank of Canada has named Harry Samuel as ceo of RBC Capital Markets Europe and David Thomas as its coo.

Thomson Reuters has announced plans to add fx trading capabilities to its Elektron platform.