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--Mark Lauber, executive director of structured credit at Rabobank, on the effect credit market volatility is having on CDO businesses.

Rising volatility is spooking first time buyers of synthetic collateralized debt obligations, according to fund managers.

Cyril Armleder, senior credit trader at Goldman Sachs in London, has left the firm.

Ammar Pharaon, fixed income marketer at HSBC in London, has left the firm.

Industry officials are hopeful the Committee of European Securities Regulators may confirm hedge-fund linked products can be used in a retail fund wrapper.

ING Financial Markets is shifting its Hong Kong-based regional equity derivatives desk to Singapore.

U.K. hedge fund The ECU Group is trading one-month euro and sterling options, in anticipation of the single currency weakening.

Dealers are pitching structures with leveraged exposure to super senior tranches of CDOs to lure buyers with boosted returns, but no dilution of the tranches' high credit rating.

David Herzberg, responsible for JPMorgan's equity prop business in London, has been promoted to head of European equities risk management, which will include equity flow trading.

The price of protection on Finnish conglomerate Metso Corporation blew out by more than 80 basis points last week following an aggressive acquisition of a stake in the corporate's equity.

Short-dated euro puts and U.S. dollar calls were in demand last week, in anticipation of a French rejection of the E.U. constitution in Sunday's referendum.

Nomura has closed its first fund-linked derivative deals.