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Fitch Ratings released a survey calling for increased disclosure in the derivatives market after it found companies had miscalculated their leverage due to the complexity of hedge accounting.

Collateralized debt obligation houses in Europe have set their sights on trading correlation on asset-backed securities and Deutsche Bank and SG CIB appear to be leading the race.

Goldman Sachs has traded options on the volatility index futures run by the Chicago Board Options Exchange.

The International Swaps and Derivatives Association welcomed the findings of a credit risk transfer report by the Joint Forum's Working Group on Risk Assessment and Capital.

Nomura Securities is considering establishing an onshore fixed income derivatives trading desk.

Few issues have attracted as much attention worldwide as the Chinese yuan (CNY) or renminbi (RMB) has done in the past two years.

Option trading on the Chinese renminbi has picked up in recent weeks amid growing pressure for a revaluation of its U.S. dollar peg.

Upcoming derivative guidelines in the Philippines are expected to boost the onshore derivatives market and start a synthetic collateralized debt obligation market.

Emissions traders think the fledgling European market has come under pressure from power companies trying to artificially inflate the price of allowances.

Securities houses in Taiwan, including KGI Securities, are expecting the regulator to open the gates for them to enter the domestic credit derivatives market by year-end.

Some strategist think the Bank of Canada is likely to hike interest rates more quickly than the Federal Reserve leading to opportunities for swaption traders, while others think the two central banks will move in tandem.