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  • Lehman Brothers appears to be suffering a bit of an exodus from its options team. Scott McGreery is believed to have left the bank in Singapore. He joined in March 2007 from Citi. Meanwhile, Jelena Bosanac and Jacob Bartram are believed to have left the bank in London this week. The empty seats in the options area will come as a shock to Will Vogel, who is scheduled to join Lehman from Deutsche to trade options next week.
  • UniCredit Markets and Investment Banking has hired Keith Yanowitz to trade emerging market options. Yanowitz is well known to Ben Welsh, the banks global head of FICC, and Dan O’Sullivan, its head of global FX trading, having worked with them at HSBC New York. He will be based in New York and report locally to Nick Crawford.
  • Deutsche has hired several figures for its North American FX business. Greg Fiori joins from JPMorgan as an Aussie and Kiwi spot trader based in New York; he reports to Greg Knight, head of FX spot trading in North America.
  • The Managed Funds Association has asked the Securities and Exchange Commission to extend a proposed exemption, which would allow investment companies to invest in exchange-traded funds beyond current limits, to private funds.
  • Against a background of unrelenting bad economic news, we consider the looming dangers of the world’s largest unregulated insurance and financial market: credit default swaps.
  • This article is FREE access as part of the IFLR Bulletin. Take a two week trial to International Financial Law Review and find many more related articles.
  • ALPS Fund Services is pushing commodities funds as investments with high return potential as the prices of oil and food continue to rise.
  • I had to laugh this week when I heard that prospective readers at BNP Paribas were unable to read The weeklyFiX.
  • “EUR/USD error occurred – Please try HKD/USD”,
  • “Listen, I’m not old enough”
  • Given the size of the daily flow in the FX market, it is no wonder that settlement remains a thorny issue.
  • Exchange-traded fund provider WisdomTree Dreyfus has listed four currency funds on NYSE Euronext. The funds provide US investors with an income based on Chinese, Indian, Brazilian and euro-zone deposit rates.