Derivs - People and Markets

Barclays Capital has hired Bhavtosh Vajpayee as managing director and head of equities for India.

Charles Schwab Investment Management has appointed Omar Aguilar, Brett Wander and John Sturiale to top positions in its equities and fixed-income operations.

SIX Securities Services has named Urs Wieland as ceo of SIX x-clear and Tomas Kindler as head of clearing relations.

Standard Bank has named Marcel Mballa-Ekobena as head of equity research for East Africa.

Castlestone Management has launched a precious metals Undertakings for Collective Investment in Transferable Securities fund, the first of its kind, according to the firm.

UBS has hired four ex-Citigroup equity structurers in Zurich in an effort to expand its European public distribution trading division, according to a firm memo.

Benjamin Fuchs, head of Nomura Holdings’ global opportunities group, is said to be planning the start a hedge fund based in Hong Kong.

Interdealer-broker ICAP has named Mark Price as group coo, replacing the departing Mark Yallop.

Mint Partners has hired Ian Claisse, formerly global head of credit trading at Landesbank Baden-Württemberg in London.

Apollo Global Management has agreed to acquire Gulf Steam Asset Management, a manager of 10 collateralized loan obligations with more than USD3 billion in assets under management.

CME Group has seen its shares down fall this year, to less than half its peak level of USD700 in 2007, over uncertainty how the financial crisis will affect derivatives regulations.

MTS Group, a European electronic fixed income trading market, has signed a memorandum of understanding with Hungary’s Government Debt Management Agency to launch an electronic interdealer market for local government debt.