Derivs - People and Markets

CMA has launched an hourly pricing service for single-name, index CDS and index tranches.

Australian investment manager Mason Stevens has launched the Equity Insulator Installment, a capital protected managed fund linked to performance of the Australian Securities Exchange.

Broker-dealer LPL Financial has hired David Akellian as executive v.p. and head of custom clearing services.

Henderson Global Investors has announced it will launch an emerging- markets fx fund in the third quarter.

Jefferies has expanded its fixed income team and has hired Sean George and Richard Roche.

Morgan Stanley has hired Vincent Dumontoy, an ex-senior equity derivatives trader at Barclays Capital in London, in a similar role also in London.

Bank of Tokyo-Mitsubishi UFJ has appointed Osamu Muramoto to succeed Makoto Kobayashi as global head of syndicated finance.

Barclays Capital has named Cynthia Whelan as ceo for Australia and New Zealand.

HSBC Global Asset Management has hired Guy Dunham has head of fixed income in London.

Mark Northway, the London-based global head of credit capital markets at Landesbank Baden-Württemberg, will leave within the next couple of months as the result of the restructuring of its financial markets division.

The Securities Industry and Financial Markets Association, the International Swaps and Derivatives Association and five other trade groups have asked the federal agencies charged with writing derivatives regulations to re-propose them.

Citigroup has reportedly closed its proprietary Quantitative Strategies Fund as it implements of the Volcker Rule, which bars banks from using their capital for such activity.