Derivs - People and Markets

ING has promoted Mark Pieter de Boer to global head of equity markets, effective June 1.

JPMorgan Chase said it plans to increase the size of its debt capital markets team in the Asia-Pacific by 30%.

State Street Global Markets has named Craig Butterworth as head of fixed-income sales for Europe, the Middle East and Africa.

CBOE Holdings, NYSE Euronext and Nasdaq OMX Group are setting aside their differences to work together against a Securities and Exchange Commission proposal that would cap fees for on-exchange options transactions. The proposal, introduced by the regulator just over a year ago, suggested a USD0.30 per contract cap on transaction fees based the fee cap on Reg NMS stock in place for equities exchanges.

London fund manager Metric Capital Partners is launching a corporate loan fund that will hedge via currency and interest rate derivatives.

The Australian Securities and Investments Commission is recommending new laws that would require retail over-the-counter derivatives players to report 12-month cash flow projections and also increase their capital requirements, according to a proposal paper issued today.

A tight deadline for dealers to comply with a new, more restrictive law for marketing structured notes has left firms scrambling.

Five equity derivatives staffers have exited Goldman Sachs in Asia, including four executive directors and a v.p.

Paul Volcker, President Barack Obama’s former economic adviser and author of the regulation that bears his name, said it is easier to identify speculative trading than banks believe.

The China Securities Regulatory Commission has announced that qualified foreign institutional investors will be permitted to trade index futures in the country.

UniCredit has announced it is restructuring its corporate and investment banking activities.

Ted Post is said to have left as executive director of JPMorgan’s prime brokerage division.