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Colt and Korean financial IT provider Koscom are forming a global securities network partnership to provide ultra-low-latency connectivity between capital markets participants in Korea and the world’s major stock and derivatives exchanges. As part of this collaboration, Koscom, which was founded by Korea’s Ministry of Finance and the Korea Stock Exchange, will use Colt’s low-latency global network service infrastructure to complement its own exclusive financial network in Korea, Stock-Net. The multi-year leverages each other’s local and global network and exchange colocation footprints, as well as the respective sales and service operation resources in Korea and around the globe.    The
CBOE Holdings has declared an increased dividend of USD0.25 per share for the third quarter of 2016, representing a 9 per cent increase compared to the prior quarter's dividend of USD0.23 per share.  The third quarter dividend is payable on 16 September, to stockholders of record as of 2 September 2016.   "This dividend increase reflects our ongoing commitment to return cash to stockholders while investing in our strategic growth initiatives to deliver strong returns to our stockholders long term," says Edward T Tilly (pictured), CBOE Holdings chief executive officer.  
G10 Capital, an affiliate of Lawson Conner, is to be appointed as an alternative investment fund manager (AIFM) by Gresham House Asset Management in order to provide alternative fund management services to LMS Capital. The LMS portfolio, valued at just over GBP92 million, will form a key component of Gresham House's strategic equity division and leverage the private equity capability of the team.   The award of this investment mandate is in-line with the company's stated strategy to develop its alternative asset management platform, build AUM, both organically and through acquisition, and to grow earnings through asset management and performance
MUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, is to acquire Guggenheim Investment’s 1940-Act mutual fund administration business, Rydex Fund Services.  The transaction is expected to close in the fourth quarter of 2016, subject to regulatory approvals and customary closing conditions.

   When complete, the acquisition will provide MUFG Investor Services with a full service offering for investment managers, adding regulated 1940 Act mutual fund and exchange traded fund services expertise to its service proposition, which spans single manager, fund of hedge fund, private equity and real estate funds, pension funds and traditional asset managers.


ICE Benchmark Administration (IBA) has appointed Dame DeAnne Julius, a founding member of the Monetary Policy Committee of the Bank of England, as a director. The appointment is effective immediately.   Julius’ appointment has been approved by the Financial Conduct Authority (FCA) and she joins the following directors on the board of IBA: André Villeneuve, chairman, IBA; Mary John Miller, chairperson of the IBA Nominating Committee; Rod Paris, chief investment officer, Standard Life Investments; Michel Prada, chairperson of the IBA Audit and Risk Committee; David Goone, chief strategy officer, Intercontinental Exchange; and Finbarr Hutcheson, president, IBA.   “I am delighted
Marex Financial, part of the Marex Spectron Group, which offers financial and brokerage services for the commodity markets worldwide, has become a general clearing member (GCM) of European Commodity Clearing (ECC). Admission as a GCM allows Marex Financial to provide clearing services for all non-clearing members of ECC and to customers of Marex Spectron Group. The clearing license covers the ability to clear all products and markets cleared by ECC.   "We already have a long-term customer relationship with the broker Marex Spectron and are very pleased that its subsidiary is now engaged as a clearing member as well,” says
The global private credit market, an alternative source of financing for small and medium sized enterprises, is flourishing with institutional capital supporting increased lending in Europe in particular, according to a report by the Alternative Credit Council (ACC) and Deloitte. The private credit market has grown from USD440 billion last year to USD560 billion today.   The research, Financing the Economy 2016, found that institutional capital is boosting lending in Europe and much of this growth has been driven by demand from European businesses. However, the US still remains the largest private credit market, both in terms of overall assets
Euronext has reported its most profitable quarterly results since its initial public offering (IPO) with revenue in the second quarter of 2016 increasing by 1.7 per cent to EUR132.3 million from EUR130.1 million a year earlier, driven by strong performance in the listing and market data businesses. This performance more than offset slower trading conditions in the company’s cash and derivatives businesses, which saw lighter volumes as investors reduced risk exposure ahead of the UK referendum on 23 June 2016. 
 Quarterly operational expenses excluding depreciation and amortisation decreased by 9 per cent to EUR54.6 million (Q2 2015: EUR60 million). These
The entire team of Larch Lane Advisors is to join Fierra Capital, boosting the US division of Fiera Capital Corporation's existing capabilities in alternative investing and adding expertise in alternative investment management, risk management, fund accounting and firm operations. The Larch Lane team is expected to join Fiera Capital on 1 September when Fiera Capital will become the adviser for Larch Lane's existing investment strategies.   "Bringing the Larch Lane team on board is an ideal way to develop our alternative investment capabilities in the US and add a distinguished team of professionals to our US division," says Jean-Guy Desjardins (pictured), chairman
Intellect Design Arena has launched Intellect OneMARKETS, an end-to-end platform encompassing the complete spectrum of securities trading and asset services. The platform aims to provide financial institutions with three key advantages – speed, single integrated view and straight-through-processing.   Intellect OneMARKETS is the only end-to-end integrated platform to be provided by any technology player. The platform supports Direct Market Access (DMA), covers the full investment life-cycle and enables high-speed execution across a variety of asset classes and market segments through seamless interfaces to a variety of market infrastructure providers. It ensures regulatory compliance in different jurisdictions, supports multi-lingual reporting and

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