Derivs - People and Markets

Ramesh Swamy, managing director and head of Asia ex-Japan sales for JPMorgan has left the firm.

Corporates could be impacted by rules being considered in Europe that would restrict short selling across all financial instruments, according to Rolls-Royce.

Société Générale blamed an adverse environment for equity derivatives for the 54.5% decline in revenue from equity activities from the first quarter of 2010.

Chinese requests for credit guarantees from counterparty’s parent companies are still a sticking point with many offshore entities ahead of signing Chinese Master Agreements.

A handful of Deutsche Bank’s Asia-Pacific equity derivatives structuring team, headed by Allen Zhau, left the firm on Tuesday.

Stephen Lane, head of trading for Europe and Asia in Crédit Agricole Corporate and Investment Bank’s debt and credit markets division, has left just over a year since joining the firm.

Macquarie Securities Group is continuing to aggressively expand its derivatives business, and has hired a series of equity salesmen and traders.

The Australian Securities and Investments Commission is set to release a consultation paper proposing new disclosure benchmarks for over-the-counter contracts for difference issuers in the country.

BNP Paribas has hired Pinank Modi as a v.p in index options trading based in the firm’s New York office.

Morgan Stanley strategists are recommending buying a 6-month volatility swap on the U.S. dollar/yen at 12.45% and selling a 2-year volatility swap on the same pair at 14% to take the view that a very steep volatility curve will flatten out in coming weeks.

Rob Dale, head of structured product sales to the U.K. and Benelux at Nomura in London, left the firm last week.

Uniqa Alternative Investments is looking for a structured credit salesman.