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ABN AMRO and JPMorgan are looking to add their names to the list of players offering derivatives referenced to Chinese 'A' shares.

Barclays Capital is aiming to expand its fund derivatives business in the U.S. and is likely to boost its structuring group in the coming weeks.

Bear Stearns has hired Sonali Das, a credit derivatives marketer at Goldman Sachs in New York, as v.p. in credit derivatives sales.

Managers of true sale collateralized loan obligations, including Credit Suisse Asset Management, are adopting synthetic exposures to indices as a means of generating yield and reducing negative carry as tight spreads and an active loan community pose challenges to sourcing loans for new deals.

Movie financiers and media funds can now turn to the options market to hedge against the next box office flop or punt on the next Lord of the Rings.

Constant maturity default swaps are a new credit derivative instrument that bifurcates credit risk into spread and default components.

Frederick Horton, managing director at Trust Company of the West, voicing his concerns about the theory behind single-tranche collateralized debt obligations.

Dealers are issuing huge volumes of single tranche collateralized debt obligations based on untested correlation assumptions and this could mean everything from the pricing of the deals to the hedge is wrong, according to several investors.

Collateralized debt obligations referenced to equity-default swaps are likely to remain a niche market because structurers won't be able to get the ratings required to make them saleable to mainstream investors.

Five-year credit protection on The Walt Disney Co. and Comcast Corp. started to converge last Wednesday after the cable giant made a USD66 billion offer for the Magic Kingdom.

Implied volatility on the euro/dollar rose last week after Alan Greenspan, chairman of the Federal Reserve, told congress that he was unlikely to hike interest rates in the near term.