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--Gay Huey Evans, director of the Markets Division at U.K. regulator the Financial Services Authority, sounding a broad warning to derivatives dealers about the dangers of unsigned confirmations.

Ben Smith, a managing director in the equity derivatives division at JPMorgan in New York, and Sheehan Maduraperuma, v.p., are forming a hedge fund.

Samuel Koh, Asian head of domestic derivatives trading at HSBC in Hong Kong, has left the firm.

Deutsche Bank is currently wrapping up a large-scale syndicated collateralized debt obligation, which will be distributed globally.

Shorting hedge fund indices will be popular this year, according to speakers at last week's Structured Products Association conference in New York.

The well-publicized property index swap between Eurohypo and a financial institution in the U.K. (DW, 1/21) has brought property derivatives to the trade association's attention.

Wachovia Securities has issued its first commodity-linked note in response to growing demand for inflation-hedging products.

The International Swaps and Derivatives Association took its members on a trip down memory lane last week as the trade association celebrated its 20th Annual General Meeting.

Macquarie Bank will be included in the next rollover of the iTraxx Australia credit derivative index.

Rabobank recently hired Larry Chan, equity derivatives trader at Standard Bank in Hong Kong, to boost its nascent equity derivatives trading desk in the city, which kicked off late last year (DW, 10/15).

Initial forays in structured note buybacks in Taiwan have been made in recent weeks, which should be a hotspot for banks in Asia this year following regulations prompting domestic bond funds to unload their massive structured note holdings.