Weekly Asia News (Friday)

Phillip Securities acquires TOCOM broker membership

Fri, 25/05/2012 - 12:55

Phillip Securities Japan, a Japanese subsidiary of Phillip Capital, a major Singapore based financial institution, has acquired Broker Membership of The Tokyo Commodity Exchange (TOCOM), Japan’s largest commodity futures exchange »

Orvent Asset Management shuts door, Credit Suisse and Bank of America win regional prime brokerage market share, while KKR nears USD2billion for second Asian fund

Fri, 25/05/2012 - 01:40

Last year saw more than 140 Asia-focused hedge funds shut according to Eurekahedge and with capital raising continuing to be a challenge, Singapore-based Orvent Asset Management has »

Michael Bodson, President and Chief Executive Officer-elect of DTCC

DTCC to open data centre in Singapore

Tue, 22/05/2012 - 16:00

The Depository Trust & Clearing Corporation’s (DTCC) Global Trade Repository is to expand its operations into Singapore by establishing an Asian-based global data centre to ensure regulators have seamless access to data for systemic risk mitigation in over-the-counter (OTC) derivatives markets. »

Gottex acquires Penjing, India suffers outflow woes, Asian hedge funds post strong Q1 returns, AXA Investment Managers open Beijing office

Thu, 17/05/2012 - 22:16

AXA Investment Managers announced this week that it had obtained permission to open a representative office in Beijing having received its registration certificate from Beijing Administration of Industry and Commerce. »

Duncan L Niederauer, Chief Executive Officer, NYSE Euronext

NYSE Euronext and China Financial Futures Exchange sign MOU

Wed, 16/05/2012 - 13:34

NYSE Euronext (NYX) and the China Financial Futures Exchange (CFFEX) have signed a Memorandum of Understanding (MOU) to promote a bilateral partnership to support the development of the exchanges futures and options markets. »

China emerges as Asian HF capital

Fri, 11/05/2012 - 13:34

Hedge funds investing in Emerging Asia posted industry-leading gains to start 2012, with the HFRI EM: Asia ex-Japan Index gaining 7.4 per cent in 1Q12, the best start for the index since 2006 when it gained 12.3 per cent, according to data released today by HFR. »

Cecelia Zhong, the Head of Greater China Business Development, NYSE Liffe

NYSE Liffe announces first colocation customer from Asia

Fri, 11/05/2012 - 13:19

NYSE Liffe, the European based derivatives business of NYSE Euronext, has announced GF Futures (Hong Kong) Co Ltd, a Hong Kong based subsidiary of GF Group, as its first colocation customer from Asia. »

Asia ex-Japan hedgies fall in April, Riley Paterson shutters fund and China’s CSRC considers letting the big crocodiles in

Thu, 10/05/2012 - 20:51

Asia ex-Japan hedge funds ended April down an estimated -0.58 per cent according to figures in the Eurekahedge index, leaving them up 4.84 per cent for the year. »

MarketPrizm trading infrastructure service in Japan, Australia and Singapore goes live

Thu, 10/05/2012 - 17:00

The first Asian segments of MarketPrizm’s global ultra low latency data distribution infrastructure are now live. Customers can use MarketPrizm’s ultra low latency network, PrizmNet Asia, to connect to markets in Tokyo (TSE and Chi-X Japan), Australia (ASX and Chi-X Australia) and Singapore (SGX). »

HSBC appoints head of prime services Asia

Thu, 10/05/2012 - 13:52

HSBC has appointed Melvyn Ford as Head of Prime Services, Asia. Based in Hong Kong, Ford will be responsible for the continued expansion of Prime Services operations in the region. »