Derivs - People and Markets

Citigroup has hired Harsh Jaggi as head of structured credit sales for the Americas in New York.

The Canadian Securities Administrators has proposed rules designed to reduce risks associated with electronic trading.

The European Union is said to be considering position limits on European commodities traders as French lawmakers press the EU to curb speculation that has been responsible for higher prices in oil and agriculture prices.

A group of 19 industry trade associations, including the U.S. Chamber of Commerce, have called on Congress to extend the July deadline for completion derivatives regulations under the Dodd-Frank Act.

Nirjhar Jain has left as U.S. head of structured-products credit trading at Morgan Stanley.

Baring Asset Management has hired Thomas Kwan as head of Asian debt in Hong Kong.

Commerzbank has named David Tavadian as head of emerging markets fixed-income and currency sales. Before joining the German bank’s London office,

The London Stock Exchange has shuffled top management of its Turquoise trading platform after Xavier Rolet, ceo of the LSE, stepped down as chairman of the Turquoise board.

Prudential Investments has launched a trio of fixed-income funds.

Russia legislators have approved close-out netting for derivatives--a move that should fuel growth in a market that has widely been seen as hampered by the issue.

The Japan Securities Clearing Corporation has outlined its model for credit default swap clearing and set a target date of July 19 to begin clearing CDS on the iTraxx Japan index.

China structurers are working on derivative plays to give offshore investors synthetic exposure to A-shares outside of the Qualified Foreign Institutional Investor scheme.