Derivs - People and Markets

Florence Ip, head of warrants trading at BNP Paribas in Hong Kong left the firm this week, according to an official.

Vikesh Kotecha, Asia head of derivatives trading at Nomura, has left the bank after only taking on the role approximately nine months ago.

Barclays Capital has hired Marie-Laure Chandumont as a director in investor solutions focusing on cross-asset structures for insurance companies, a new position.

The U.S. Securities and Exchange Commission is investigating how registered funds make alternative investment decisions.

Limiting a clearinghouse member’s exposure to the CCP could limit that CCP’s ability to mitigate risk and manage a systemic failure in the event of a default, according to the Japan Securities Clearing Corporation.

Beat Von Gunten, the ex-global head of JPMorgan’s structured investments distributor marketing division in London, has joined Royal Bank of Scotland in a newly-created role.

HSBC Bank Australia has appointed Gavin Powell as the firm’s head of global markets for the country.

Jeff Psaki, co-head of distressed debt trading at Barclays Capital in New York, has relocated to trade credit derivative indices in London.

Amendments to client category changes for complex products under the Markets in Financial Instruments Directive could create a complicated regulatory regime and lead to higher costs for investment firms, according to the Alternative Investment Management Association.

Standard Chartered Hong Kong warrants traded for the first time on Friday with the firm launching two European cash settled call warrants with China Life Insurance and HSBC as the respective underlyings.

The increase in renminbi products permitted in Hong Kong will aid the creation of an offshore renminbi-linked over-the-counter derivatives market, according to lawyers and market practitioners.

Rob Dale, the ex-head of structured product sales to the U.K. and Benelux at Nomura in London, is reportedly set to join Credit Suisse in a similar role.