Derivs - People and Markets

Mickael Previ, head of flow equity derivative sales at Calyon, is joining French investment house Exane BNP Paribas in Paris.

Nomura Holdings is reportedly juicing compensation packages to get top performers at Lehman Brothers’ Asia-Pacific operation to stay on, after agreeing to buy the unit for an undisclosed sum.

The impact from the Lehman Brothers bankruptcy and Nomura Holdings’ impending takeover of the firm’s Asia-Pacific operation should be manageable for rival banks in the region, but the indirect consequences will require careful monitoring.

Investment management boutique Blue Bell Private Wealth Management is putting its clients’ money in digital options that capture gains from volatility in the Standard & Poor’s 500 index.

The drumbeat for increased regulation grew louder last week as Wall Street reeled and Main Street started to take notice.

London investors are urgently trying to understand the reporting requirements they are subject to under the Financial Services Authority’s ban on new or increased net short positions in publicly quoted financial companies.

Credit default swap protection on Morgan Stanley traded in a wide range today, closing at 858.75 basis points, 75 bps tighter than it opened.

Calyon's shake-up is continuing with the pending departure of its global head of equity derivatives Fabien Hajjar and the appointment of his deputy, Christophe Leymarie, to the role.

Singapore-headquartered recruiter Sumeria Search is set to open for business in Hong Kong on Oct. 1 under the banner Sumeria Search (HK) Ltd.

A Securities and Exchange Commission regulation that as of 12.01a.m. will disallow naked short selling is expected to have severe implications for over-the-counter equity derivative market, by forcing the business into the hands of fewer players.

With Edward Liddy, former chief of U.S. insurer Allstate, installed at the helm of American International Group the Street is buzzing about what the appointment will mean for its non-insurance activities, such as derivatives.

Rafal Gawlowski, head attorney for equity derivatives at Citigroup, has joined Latham & Watkins as counsel in the firm’s corporate department in New York.