The disclosure of derivatives being used in takeover situations has garnered much attention of late with Porsche's winning options strategy in trading Volkswagen options.
A proposed amendment to the Hong Kong Securities and Futures Ordinance would raise the minimum portfolio requirement of professional investors to USD2 million from USD1 million.
Fx staffers from Lehman Brothers have landed at Deutsche Bank and Barclays Capital in London.
Europe’s first credit event auction gripped the market this week, as final prices for settling credit derivatives on Icelandic banks were set.
Some top-tier Chinese banks, including Bank of China and Industrial and Commercial Bank of China, are not immediately stumping up collateral due on out-of-the-money trades, most notably fx trades linked to the dollar/yen.
DBRS has hired Jerry van Koolbergen and Glen Leppert for its structured credit group in New York.
DBS Group Holdings could end up shelling out up between SGD70 million (USD46.7 million) and SGD80 million (USD53.3 million) to customers who suffered losses on structured notes linked to Lehman Brothers Holdings.
Outstanding debt at several U.S. corporations exceeds the amount of credit default swap risk on them, according to data from the Depository Trusts & Clearing Corp.
Deutsche Bank has named Michele Gissi and Roger Naylor global equity derivative heads to succeed Richard Carson, who is leaving his position after only six months.
Steep devaluation of Brazil’s real could affect the solvency of several of the country’s corporations.
The volume of IPD property derivates traded in the third quarter tumbled 38% from the previous quarter to GBP1.056 billion (USD1.67 billion).
--Joseph Doubek, director of acquisitions and derivatives trading at National Asset Direct, a unit of hedge fund DellaCamera Capital Management.