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LCH Clearnet has lost director of marketing and sales of customer and markets management (CMM), Scott Riley, who has left to pursue other interests. Riley was reporting to MD of CMM Simon Grinstead. The firm has also laid off around 60 IT contractors who had been working on the firm's Generic Clearing System (see story page 1).

New York Board of Trade has announced the election of ten governors. The appointments are Robert Ahrens and John Marchisotto as floor members, Patrick Bennett as a sugar trade...

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“The banks are investors too. I can’t favour investors with inside information – that’s basically what this is.”

TAM's treasurer voices frustration with Brazil’s new derivatives registration initiative.