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Morgan Stanley has hired Sean Chao as ceo of its operations in Taiwan as it looks to expand its fixed income business there.
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Hong Kong regulators have granted NYSE Liffe approval to allow traders in the territory to have direct access to Liffe’s interest rate, bond, swapnote and equity products without the use of an intermediary.
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The law firm Chadbourne & Parke has named Simon Morgan to head its efforts to expand its capital markets practice in Central Eastern Europe.
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HSBC Holdings has named Clyde Choi as head of emerging markets fx trading in Asia and Ryuichi Atsuta as head of fx trading in Japan.
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Standard & Poor’s downgrade of the Irish government has led to a widening of credit default swaps spreads to levels not seen in nearly a year.
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Financial institutions in Singapore are expected to offer less-sophisticated structured products after the Lehman Brothers minibond scandal that led to an investigation resulting in a ban on firms from selling the instruments.
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The U.S. Commodities and Exchange Commission is taking a close look at CME Group’s Clearport swap-clearing platform as the agency considers clearing facilities for over-the-counter derivatives as required by financial reform legislation.
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Advisers are shunning new structured product from Royal Bank of Scotland.
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The man responsible for building JPMorgan’s global equity derivatives and equity proprietary business has been picked to run Man Group’s multimanager business.
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TD Ameritrade Holding has extended its futures and fx trading capabilities to what it describes as “self-directed customers" with “appropriate investment objectives, risk tolerance, and knowledge” through its thinkorswim platform.