Derivs - People and Markets

BNP Paribas has created a global leadership role for its equity derivatives trading division, appointing Emmanuel Dray to the position.

BNP Paribas expects to buck the trend of malaise at European investment banks and grow its revenues this year, it said in its fourth quarter results on Wednesday.

The Securities and Exchange Board of India (SEBI) has given the go-ahead for trading in rupee futures and options, allowing the development of offshore markets in the products.

Bank of America has appointed Snigdha Singh to head up its rates trading team for Europe, the Middle East and Africa.

Shane Edwards, former global head of solutions and structuring and global head of equity derivatives at UBS, has joined Diginex, a digital asset firm.

Mark Wetjen, formerly head of global public policy at the Depository Trust and Clearing Corporation (DTCC), has joined the Miami International Securities Exchange (MIAX).

Corporate debt advisers have joined the call for lenders to make clear their plans for the transition away from Libor, as frustration takes hold among some bank clients that a solution still seems far away.

Charles Vice is standing down as vice-chairman of Intercontinental Exchange, ending a 20-year career with the company.

The International Swaps and Derivatives Association's CEO has called for more clarity on close-out netting in China.

Morgan Stanley more than doubled its revenue from fixed income sales and trading in the fourth quarter of last year, completing a stellar set of earnings for US banks in that business after a year in which they appear to have cemented their dominance in Europe.

TriOptima has hit record compression levels with its FX forwards service, as the winds of regulatory change drove prime brokerage business its way.

South Korea’s Mirae Asset Daewoo has been ordered to pay $700,000 after a US Commodity Futures Trading Commission investigation found one of its traders had engaged in spoofing.