Gibraltar

Gibraltar ends distinction between onshore and offshore business

The government of Gibraltar has published the text of the new, amended and consolidated Income Tax Act, which ends all distinction between “onshore” and “offshore” business. »


Will Rhode, a research analyst at Tabb Group

Equity swaps critical tool for hedge funds accessing emerging markets

Hungry for alpha, hedge funds are turning to equity swaps and synthetic prime to access emerging markets offering attractive spreads and easily identifiable risk arbitrage opportunities. »


Managed futures

Barclay CTA Index down 0.77 per cent in May

Managed futures lost 0.77 per cent in May, according to the Barclay CTA Index compiled by BarclayHedge. »


Islamic

Islamic banking regulation to be implemented in Afghanistan

H.E. Abdul Qadir Fitrat, governor of the Central Bank Afghanistan, says the regulation of Islamic banking in Afghanistan should be implemented in the country within next two months. »


Money graph

Institutional investment in hedge funds on the rise

Institutional investment in hedge funds has been intensifying since the end of 2009, with institutions now providing 72 per cent of the industry’s capital, according to Preqin estimates. »


Roger Liddell, chief executive, LCH.Clearnet

LCH.Clearnet adopts OIS discounting for USD218trn IRS portfolio

LCH.Clearnet, which operates the interest rate swap clearing service SwapClear, is to begin using the overnight index swap rate curves to discount its USD218trn IRS portfolio. »


Job page

EFX Prime Services adds two sales directors

EFX Prime Services, a division of First New York Securities, has hired two prime brokerage executives to help lead EFX Prime’s sales efforts. »


Kevin McNulty, chief executive of Isla

Isla partners with FinTuition on introduction to securities lending course

The International Securities Lending Association is to partner with FinTuition to provide an introduction to securities lending course. »


Peter Reitz, member of the Eurex executive board

Eurex to expand its commodity index derivatives offering

Derivatives exchange Eurex will be introducing six additional commodity index futures on 28 June. »


Virginie Saade, head of NYSE Arca Europe

NYSE Arca Europe expands service offering into Eastern Europe

NYSE Arca Europe, NYSE Euronext’s European multilateral trading facility, has expanded into trading blue chip securities listed on the Prague Stock Exchange and the Budapest Stock Exchange.  »


Upcoming events

Upcoming training

Mon, 12/05/2014 (All day) - Dubai
Tue, 13/05/2014 (All day) - Dubai