All news

FIX Protocol publishes updated guidelines for global post-trade processing

Mon, 20/05/2013 - 12:06

FIX Protocol Ltd (FPL), the non-profit, industry-driven standards body for the electronic trading community, has published updated recommended guidelines for the use of FIX for post-trade processing. »

Diapason to launch ForestCare Investment Fund

Mon, 20/05/2013 - 12:03

Independent commodity investment firm Diapason Commodities Management is to launch the ForestCare Investment Fund, an institutional product investing in tangible forestry assets. »

The BVI funds industry: dynamic, robust and responsive

Mon, 20/05/2013 - 10:08

By Nadia Menezes, Senior Associate, Appleby – Since the introduction of the Mutual Funds Act, 1996, the British Virgin Islands (BVI) has grown from a fledgling jurisdiction to a strong and confident player at the frontline of the offshore funds industry. »

Jason Spaeth, a managing partner of Värde

Värde Partners acquires FirstCity Financial Corporation

Mon, 20/05/2013 - 10:04

Funds managed by Värde Partners have completed the acquisition of FirstCity Financial Corporation. »

Wikipedia is early warning sign of stock market movements, says study

Mon, 20/05/2013 - 06:28

Wikipedia could have been used as early warning signs of stock market movements, according to a study published in Scientific Reports. Researchers led by Dr Suzy Moat, senior research fellow at Warwick Business School, found that changes in how often financially related pages were viewed on Wikipedia could have been linked to subsequent movements of the Dow Jones Industrial Average. »

Chris Cummings, chief executive at TheCityUK

London remains Europe’s hedge fund capital as UCITS funds increase

Mon, 20/05/2013 - 06:02

With less than three months to go until new legislation ushers in major changes for the European hedge fund industry, a new report reveals that the continent’s share of the global market has remained surprisingly stable at just over a fifth. »

SPDR ETFs launches two more dividend ETFs… Kames Capital shutters Global Opportunities fund…

Sun, 19/05/2013 - 23:42

RIMES, a leader in managed data services, has flagged the challenges presented by the European Securities and Markets Authority’s (ESMA) consolidated guidelines on ETFs and other UCITS issues to investment managers throughout Europe. »

Celoxica launches new product range and raises additional capital

Fri, 17/05/2013 - 16:00

Celoxica, a provider of ultra low latency market data, order entry and pre-trade risk solutions for high frequency traders and brokers, has extended its hardware accelerated market data products with the launch of the Generic Book Accelerator (GBA) product line for the US market. »

Former SS&C Technologies director takes helm at Netage Solutions

Fri, 17/05/2013 - 14:18

Netage Solutions has appointed Steve Tobio to the position of director of product development. »

Billings Capital Management forms relationship with MCAM Group  

Fri, 17/05/2013 - 14:11

Billings Capital Management, the investment manager founded by Friedman Billings Ramsey co-founder, former chairman and chief executive Eric F Billings, has formed a business development relationship with MCAM Group dedicated towards Europe and Asia. »