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Options on credit-default swaps have started to gain traction in Asia in recent weeks.

Credit Suisse First Boston has recently lost Greg Park, director and Asian head of asset-backed securities in Hong Kong.

Michael Nevin, an equity derivatives sales staffer at CDC IXIS North America in New York, has left the firm.

This article discusses end user concerns regarding the use of the ISDA Master Agreement and looks at some of the benefits.

The rise in U.S. interest rates to 1.25% from 1% last Wednesday was largely priced into the foreign exchange options market and volatility on dollar options dropped off following the Federal Reserve's decision.

A wave of interest in protected equity loans has hit the Aussie market in recent weeks in the run up to fiscal year end.

Implied volatility in both the interest rate and the dollar foreign exchange options markets plummeted last week after the Federal Reserve laid out its plans for managing the economic recovery via interest rates.

--Stan Jonas, managing director in the derivatives products group at broker Fimat USA in New York, drawing an analogy with the Federal Reserve's influence over the interest rate market

JPMorgan last week hired Terrence Ho, interest rate trader at Austria's Erste Bank, in Hong Kong, as v.p. covering the Hong Kong dollar market.

Kleinwort Benson Private Bank has launched a structured investment product that gives the investor capital protected exposure to a range of managed funds through an exotic call option.

The International Swaps and Derivatives Association plans to publish a first-to-default swap template next week, its first such document for portfolios of credit derivatives.