Derivs - People and Markets

Doug Smith, director of Latin American equity derivatives at Barclays Capital in New York, is set to join Citigroup in mid-September as a trader in the LatAm equity derivatives trading group in New York.

Nomura has lost four senior equity derivative traders over the last few weeks: Anice Lajnef, Naren Karanam, Mark Azoulay and Christian Raubenheimer.

Thomas Jarck, ex-head of flow index trading at Citigroup, is set to join Deutsche Bank in September as head of U.S. index flow trading in global equity derivatives in New York.

The Bank of England said issuers of exchange traded funds fail to adequatly clarify the risks associated with the products.

AXA Investment Managers has named James Gledhill as global head yield and deputy head of credit within its fixed-income team.

Barclays Capital has appointed Mike Di Iorio as head of equities for Asia-Pacific less than a year after joining the firm as head of equities trading for the region.

Credit Suisse has named Mike Toikka to lead its new systematic trading group. Toikka most recently was global head of risk and strategy in the Swiss bank’s proprietary trading business.

Goldman Sachs Electronics Trading has introduced Delta Hedging, which allows automatic hedging with the underlying equity for all U.S. options algorithmic strategies.

BNP Paribas has reorganized its fixed income business as it looks to build out U.S. dollar, emerging market and Asia Pacific capabilities, according to a memo from the firm.

Stephen Kendall, head of European equities at Cantor Fitzgerald in London, has resigned from the firm.

Standard Chartered has hired Peter Heidinger as global head of financial institutions.

Renaissance Capital has named Igor Chemolosov to head option sales for Russia.