Derivs - People and Markets

The European Parliament's Economic affairs committee is on May 16 set to approve draft regulation that would allow the European Union to force large non-EU clearing houses (CCPs) to relocate to the continent if dealing with systemic amounts of euro-denominated deals.

Investors are hedging and betting on oil prices as markets remain unsure about whether or not US President Donald Trump will pull out of the Iran nuclear deal.

Signal Capital Partners, the fund started by a trio of bankers from Deutsche Bank's structured finance and distressed debt businesses, has hired a chief strategist.

The International Organization of Securities Commissions on Thursday scolded central counterparties for not doing enough to implement policies to ensure their stability.

Hong Kong Exchanges and Clearing on Thursday said it had selected Roland Chai to be the group’s risk officer. He will start in his new position on June 1.

Société Générale on Wednesday morning revealed that it had listed 74 leveraged exchange traded products for trading on the London Stock Exchange, aiming squarely at sophisticated retail investors.

The Bank of England, the primary regulator of UK clearing houses, has decided to go ahead with a new rule that would compel CCPs to report issues with their servers and other technology systems.

An executive director of index business management for derivatives at index provider MSCI has left the firm.

Miami International Securities Exchange (MIAX Options) has started publishing a new equity volatility index, based on options on the famous SPDR exchange-traded fund referencing the blue chip S&P 500.

The China Banking and Insurance Regulatory Commission (CBIRC) is lifting the bar on international banks to underwrite Chinese government bonds and their local branches to trade derivatives, one of a slew of measures released this weekend to set foreign banks in China free and increase competition in the onshore market.

The International Swaps and Derivatives Association on Wednesday pushed for “enhanced supervisory cooperation” between clearing houses in the wake of Brexit.

ESMA chair Steven Maijoor spoke out against proposed clearing house legislation that would create a new body within the regulator, as part of remarks to the Goethe University’s institute for law and finance in Frankfurt on Monday.