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The Moscow Exchange is overhauling its settlement period for Russian federal government bond (OFZ) derivatives by focusing on the automatic delivery of traded contracts.

As part of MiFID II, the European Securities and Markets Authority is soliciting comment on debt instruments with embedded derivatives. The outcome could restrict retail customers’ access to such products.

Eurex will launch options on Euro-Bund futures with weekly expiries in April, which will allow investors to gain short term exposure to interest rate moves and event-driven activity, experts say.

LCH.Clearnet is replacing Gavin Wells as global head of CDSClear by promoting the product's head of in-business risk.

As regulators begin imposing penalties for compliance transgressions in swaps markets, firms must build out their operational and reconciliation frameworks, as well as tracking the source of errors and adjusting to new problems dynamically, according to market officials.

Even though volatility risks in euro/dollar options are as high as before the Federal Open Market Committee meeting, medium term gains based on the currencies reaching parity and a strengthening dollar make buying calls with a focus on upside euro convexity a viable trade, according to strategists.

At its March meeting, the US Federal Reserve began winding down its policy of extreme transparency and forward guidance, pushing market participants to rely now on economic data instead of qualitative nudges from the central bank.

One investor was seen buying a sizeable number of put options on the PowerShares DB US Dollar Index Bullish exchange-traded fund this week, indicating that they are seeking to mitigate exposure to the US dollar if its performance slows down or weakens, according to strategists.

Emmanuel Girod, the ex-co-head of Europe, the Middle East and Africa equity-linked trading at Bank of America Merrill Lynch in London, is set to join Citigroup, also based in London.

US buysiders are struggling to access overseas liquidity as many dealers do not want to trade with US clients due to regulations, such as Dodd-Frank, resulting in increased fragmentation and smaller liquidity pools.

It’s that time of the year again when CDS market participants turn their attention to technical, rather than fundamental, factors.

Clifford Davis, managing director institutional equity derivatives sales at BNP Paribas in New York has left the firm.