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  • Jack Jeffery, the former chief executive of EBS, has taken a senior management role at option pricing specialist SuperDerivatives. In his new position as chief operations officer, Jeffery will lead SuperDerivatives’ management team and oversee the execution of its business strategy. He will be based in London.
  • Whether it’s because so many countries had a public holiday this week or because of the ACI Congress in Vienna, it seems that many traders and brokers have been absent from their desks.

    Even so, there’s never a dull moment in the markets.

  • Another week, another corporate deal for Saxo.
  • CLS has added the Mexican peso and Israeli shekel to the 15 currencies it already processes. Commenting on the news, Banco de México Governor, Guillermo Ortiz, said: “I am pleased that agents who trade Mexican pesos in the foreign exchange market have the necessary infrastructure to operate in a more efficient and safe manner. The inclusion of the Mexican currency into the CLS service is an important step to enhance financial stability in our country.”
  • Hotspot FXi has announced it is adding spot gold and silver to platform. Both have been available in soft launch mode since late March; they will be officially available from June 10. The company says streaming prices will stem from market-maker banks, bank interest-only feeds and buy-side market makers.
  • Read the views of Serge Topolanski, deputy head of flow business, Société Générale; Richie Prager, head of global rates, currencies and commodities, Bank of America; Ben Welsh, head of fixed income, commodities and currencies, UniCredit Markets & Investment Banking; Mark Snyder, global head of sales and trading, State Street Global Markets; Jeff Feig, global head of G10 FX, Citibank; Eddie Listorti, head of FICC, Dresdner Kleinwort; Lars Hakanson, global head of FX, Société Générale; Alain Delelis, head of FX in the Americas, Credit Suisse; Gerhard Seebacher, head of rates and currencies, Bank of America; Dan O'Sullivan, head of global FX, UniCredit Markets & Investment Banking; Richard Leighton, global head of FX, Standard Chartered Bank; Andrew Brown, global head of FX, HSBC; Fabian Shey and Reto Stadelmann, global co-heads of FX and money markets, UBS; Ivan Ritossa, head of global markets trading, Asia Pacific, and head of FX and prime services, Barclays Capital; Zar Amrolia, managing director, global finance and FX, Deutsche Bank
  • Embattled Austrian property company Meinl European Land’s restructuring plans could bring an unwelcome dilutive effect on its shares.
  • Real estate special focus
  • Barclays Global Fund Advisors said that the liquidity of exchange-traded funds should be addressed through more disclosure, not tougher liquidity requirements.
  • First there was MySpace, then Facebook. Now EuroHypo has rolled out a social networking site for real estate professionals.
  • The Investment Company Institute does not want affiliates of the mutual fund advisor counted with affiliates of the fund itself when determining the ownership of an exchange-traded fund.
  • As the market for big initial public offerings dries up, Indian real estate increasingly is becoming the preserve of the private equity industry.