Derivatives

Patsystems launches Asia-Pacific connectivity service

UK-based derivatives systems vendor Patsystems has unveiled an application service provider, XConnect, which will allow market participants to connect directly to multiple exchanges in the Asia Pacific region.

Europe consulted on standardising OTC derivatives trading

The Committee of European Securities Regulators (CESR), the body that harmonises securities markets regulation across Europe, has issued consultation papers on measures to make the European OTC derivatives market more secure and efficient.

Woodbine Associates names Owens director

Capital market research and advisory firm Woodbine Associates has appointed Sean Owens as its new director of fixed income and derivatives.

Daiwa strengthens derivatives business with KBC buys

Daiwa Capital Markets, the investment bank division of Japanese financial services firm Daiwa Securities Group, will purchase the global convertible bonds and Asian equity derivatives businesses of Belgian bank KBC Group.

US reform bill hands OTC derivatives decisions to regulators

The soon-to-be-finalised Dodd-Frank financial reform bill will introduce greater transparency and accountability to the over-the-counter (OTC) derivatives market in the US, but it has left a number of questions unanswered.

Citi hires to spearhead emerging markets push

Citigroup has made a raft of hires in its central and eastern Europe, Middle East and Africa operations as it looks to boost its emerging markets equities business.

CFTC seeks equal access for co-location services

The US futures and options regulator, the Commodity Futures Trading Commission, has proposed new rules to ensure all market participants have fair and equal access to co-location and proximity hosting services.