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The London Metal Exchange (LME) has unveiled the newly built Ring (pictured), the Exchange’s open-outcry trading floor, followings its successful relocation to 10 Finsbury Square in London on 1 February 2016. The Ring has provided a transparent and robust price-discovery process for the global metals industry for 139 years. Its move to a new building at Finsbury Square is the next step in the modernisation of the metals exchange, which was acquired by HKEX in 2012.    “We’ve demonstrated our commitment to the Ring, a long-standing and trusted price-formation venue, by moving it with us to this exciting new location.
Industry veteran Tom O’Mara (pictured) has joined the Advisory Board of electronic trading network AX Trading. O’Mara brings a breadth and depth of experience and expertise to AX. He began his career trading Convertible Securities at Lehman Brothers from 1986-1991, where he was part of the team that transformed its retail-based distribution desk into an institutional market maker and underwriter.    In 1991, O’Mara joined Credit Suisse First Boston and was a pivotal team member in the rebuilding of First Boston's convertible franchise. As part of the successful Equity Derivatives and Convertible Securities Unit's management team, O’Mara’s responsibilities grew from
SEI has appointed Brent Bell (pictured) as Head of Asset Management Distribution (AMD) in Asia. This appointment supports SEI's commitment to Asia and underscores ambitions to provide best-in-class solutions for Asia's investors. In this role, Bell will be responsible for developing and maintaining strategic relationships with large distribution partners, driving sales and revenue growth, and managing AMD's strategic sales plan in Asia. He will be based out of SEI's Hong Kong offices and report to Kevin Barr, Head of SEI's Investment Management Unit.   "Brent's expertise in asset management and previous work building out businesses in Asia makes him the
The Hedge Fund Association (HFA) has welcomed the passing of the Fair Investment Opportunities for Professional Experts Act by the US House of Representatives which incorporates the addition of a knowledge and education-based category of accredited investors.  The House bill would amend Section 2(a)(15) of the Securities Act of 1933, the definition of "accredited investor" that determines which investors may participate in private securities offerings not registered with the US Securities and Exchange Commission (SEC). The HFA, an international not-for-profit organisation representing the interests of investors, hedge funds and service providers, believes that the bill provides a much needed practical update
Broadridge Financial Solutions has enhanced its corporate governance solution offering in Europe by taking a minority stake and entering into an exclusive distribution and marketing alliance with AMA Partners, BV (AMA). AMA is a Netherlands-based firm and provider of DirectorInsight, an innovative and powerful analytics platform that offers data and analytical tools for independent analysis of corporate governance and executive compensation. The deal expands Broadridge's corporate governance solution set and data capabilities to give corporations and institutional investment firms in key European markets access to an expanded, customisable data and analytics platform.   DirectorInsight is a one-stop, interactive online corporate
Kyc.com, a joint venture between Markit and Genpact has expanded its service to Hong Kong and Singapore. This roll out is in addition to jurisdictional coverage in the US, UK and Australia which launched in 2014. Standard Chartered, the UK headquartered bank with a large footprint in Asia, is supportive of kyc.com and in the process of joining the service. In addition, Deutsche Bank, HSBC, Morgan Stanley and UBS are already signed up and will be using the service to support their due diligence in the region. Over 1,500 buyside firms and corporations, representing 37,000 legal entities are also using
REDI Global Technologies has partnered with OpenFin, a provider of HTML5 container technology. Through the relationship, REDI and its partners will leverage OpenFin's technology to deploy new web-based applications within trade management platforms. As a result, users will be able to access native REDI and third-party content in a much more flexible and efficient manner.   "OpenFin is fundamentally changing the way applications are written, deployed and run within the financial community," says REDI CTO Mark Etherington (pictured). "Ten years ago, the idea that you could natively integrate web-based applications from multiple providers within a legacy environment in a way
Kairos Investment Management (Kairos) has launched the SuMi-Kairos Multi Strategy fund which is being managed by Kairos for distribution into the Japanese market by Sumitomo Mitsui Trust Bank Limited (SuMiTB).  The fund has been set up as a Japanese domestic fund structure to purchase a dedicated fund of hedge funds vehicle already managed by Kairos.    The fund, which was launched in late December and has grown to USD170 million with additional investments planned, is being sold to individual and institutional investors in Japan by SuMiTB and will be one of the core mid to long-term alternative investment products within
Neuberger Berman has appointed David Rowe (pictured) to the role of Head of Marketing – EMEA, effective immediately. Rowe is responsible for developing and implementing marketing strategy to support Neuberger Berman’s growing EMEA business across all client channels, based in London.   Dik van Lomwel, Head of EMEA and Latin America, says: “We are excited about David’s addition to the firm at a time when communication with our clients is more important than ever. His deep understanding and experience of marketing across EMEA will play a key role in tailoring our capabilities to each diverse market and supporting our dedicated
Crédit Agricole CIB, the Corporate & Investment Banking arm of the Crédit Agricole Group, is a new user of EurexOTC Clear for Interest Rate Swaps (IRS), a service offered by Eurex Clearing, part of the Deutsche Börse Group. 

 Arnaud d’Intignano, Head of Transversal Functions Group within the Global Market Division at Crédit Agricole CIB, says: “Joining EurexOTC Clear confirms Crédit Agricole CIB’s commitment to be present where the bank’s European clients choose to clear their OTC derivatives to comply with the EMIR clearing obligation. We are already a clearing member of Eurex Repo and Eurex Bonds. This extended membership will

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