Derivs - People and Markets

CME Group has entered a strategic partnership with the Osaka Securities Exchange under which the companies have agreed to cooperate on joint product development, marketing and promotions.

Standard Chartered has begun rebuilding its equity-linked team with the hiring of Derrick Wong.

Lazard has named Gary Howe as managing director and head of financial institutions group advisory for North America.

Jefferies has strengthened its global equity research with the hiring of Jason Kupferberg, Mark Lipacis, David Reynolds and Robert Lea, who join the firm as senior equity research analysts covering global technology, Internet, media and telecoms.

Citigroup has expanded its high-yield and distressed-debt team with the addition of Frank Palamara and Nathan Stone.

ING Investment Management has hired Robert Robis as senior portfolio manager on the global bond team and to the new position of head of fixed-income macro strategies.

Betty Shea has left as a fixed-income trader at Getco Europe, where she helped develop options trading strategies.

Goldman Sachs has hired Thomas Hollenberg to trade euro and sterling interest rate options.

Deutsche Bank tops the list of European banks that have derivatives contracts with various levels of Italian government, according to European Bank Authority’s findings in recent stress tests.

Guy Shahar, a former equity derivatives trader at Goldman Sachs, has formed DSAM Partners, a new hedge fund, together with James Diner, a managing director at Marble Asset Management.

Barclays Capital has introduced the Three Year Equity Index Linked Euro Structured Deposit Account and the Six Year Equity Index Linked Euro Structured Deposit Account.

Counterparty exposure in several synthetic European exchange-traded funds varies widely, according to Morningstar.