Liffe and LCH Clearnet launch credit default swaps on Bclear
Liffe, the global derivatives business of NYSE Euronext, and LCH Clearnet, a global central counterparty, have launched credit default swap index contracts on Bclear.
Liffe, the global derivatives business of NYSE Euronext, and LCH Clearnet, a global central counterparty, have launched credit default swap index contracts on Bclear.

Alternative asset management firm Napier Park Global Capital has appointed John P Havens as partner and non-executive chairman. “We are thrilled to welcome John to the Napier Park team,” says Jim O’Brien, co-managing partner of Napier Park. “John is a
Schulte Roth & Zabel International has announced that Josh Dambacher, who is based in the firm’s London office, has been elected a partner of the firm as of 1 January 2009.
Short selling is not per se a significant contributor to market instability, according to a survey of senior managers at hedge fund firms in London commissioned by IMS Consulting.<
The US Commodity Futures Trading Commission has obtained a USD200,000 civil penalty and a permanent commodities trading ban against hedge fund manager and commodity pool operator Linuxo
Clearstream is to extend the range of securities eligible for settlement in the future pan-European settlement platform TARGET2-Securities (T2S) by leveraging the network of cross-border links to non T2S markets of its international central securities depository (ICSD). As such, Clearstream
Tri-Artisan Partners, a privately held merchant bank engaged in principal investment and corporate finance advisory activities, has appointed Suzanne Murphy as managing director for fun

New regulations will drive trading activity in foreign exchange away from options and non-deliverable forwards (NDFs) to futures, which will become a much bigger and more important part of the FX market. In a report, The Futurization of FX Derivatives,
Alternative asset management firm GrizzlyRock Capital has appointed Chris Ricciardi as managing partner and head of business development and Doug Laux as chief financial officer. "As we begin our third year of operations, Doug and Chris' expertise in institutional-quality asset
Private equity group Kohlberg Kravis Roberts has announced the creation of a new asset management division, KKR Asset Management, and named William C Sonneborn as its head.