Derivs - People and Markets

Seattle-based Edge Asset Management has named Greg Tornga as head of fixed income and as a portfolio manager.

Tradition is exploring trading U.S. dollar interest rate swaps on its Trad-X electronic trading platform, perhaps as early as the autumn.

Natixis is marketing baskets of commodities indices that can be packaged into different wrappers to institutional clients globally.

Credit Suisse has reorganized its Asia Pacific global market solutions group, promoting Carl Bautista, Mervyn Chow, and George Pavey to become the three co-heads of the group, according to a memo from the firm.

Most fund managers have made preparing for complying with derivatives regulations under the Dodd-Frank Act as a top priority, but few appeared ready, according to a survey by SimCorp.

Hong Kong Exchanges & Clearing has concluded that its central counterparties for the territory’s equities market are not up to standard.

Credit default swaps spreads on French sovereign debt widened 9 basis points to a record 123 bps, according to CMA DataVision.

Gilliat Financial Solutions has introduced the Gilliat Deposit Kick Out - August 2011 and the Gilliat Protected Kick Out - August 2011.

High-frequency trading accounts for one third of the over-the-counter energy swaps market, according Tabb Group.

Morgan Stanley has launched the UK Inflation-Linked Income Plan 2.

Credit Suisse has expanded its capital markets team in Asia-Pacific with the appointment of Carl Bautista, Mervyn Chow and George Pavey as co-heads of its global markets solutions group for the region.

Santander has named José Cuervo as global head of Latin American equities.