Docupace Technologies, a financial services sector digital compliance and cyber security company, is now independent from RCS Capital Corporation. Docupace received a significant investment from RCAP in September 2014, as part of RCAP becoming a majority shareholder in the company.
EBS BrokerTec, ICAP's electronic foreign exchange (FX) and fixed income business, has added a new non-deliverable forward (NDF) instrument – one month against the fix, to be called TOD/TOM. EBS Market is providing an effective electronic solution for trading today
Eurex and Korea Exchange (KRX) has signed a contract to extend their cooperation by listing Mini KOSPI 200 index futures during Eurex trading hours. In addition, Euro STOXX 50 futures will be traded and cleared in Korean Won on KRX
Ellipsis Asset Management (Ellipsis AM) has retained Societe Generale Securities Services (SGSS) to provide master-feeder solutions to support the distribution of its French flagship funds in Europe. Since January 2016, Ellipsis AM has launched two new sub-funds within its UCITS
BlackRock and Bank of America’s asset management business, BofA Global Capital Management, have completed a transaction transferring investment management responsibilities of approximately USD80 billion of AUM currently managed by BofA Global Capital Management to BlackRock. The assets of five taxable
The US Commodity Futures Trading Commission’s (CFTC) has added 23 companies to its Registration Deficient or RED list. The RED list is made up of unregistered foreign entities that the CFTC believes are soliciting and accepting funds from US residents
The Depository Trust & Clearing Corporation’s (DTCC) Global Transaction Services, a full-service straight-through-processing (STP) offering automating trade lifecycle events between firms, processed 817 million trades in 2015, up 16 per cent since the end of 2014. Over 3,800 investment managers,
Multi-strategy hedge fund manager Elliott Management Corporation, which holds an approximately 6.6 per cent interest in Polycom, Inc common stock and an approximately 9.7 per cent interest in Mitel Networks common stock has announced its support for the Mitel-Polycom transaction.
CONCERT Global, a Silicon Valley-based advisory technology firm, has formed an alliance with iCapital Network to deliver a complete alternative investments solution to CONCERT’s growing network of independent advisors and broker/dealers. “Alternative investments can play a critical role in a
Societe Generale Securities Services (SGSS) in the UK has been mandated by Linear Investment Limited (Linear), a full-service mini-prime broker servicing international asset managers and hedge funds, to provide its Global Broker-Dealer Services (GBDS) outsourcing solution. SGSS’ outsourcing platform encompasses
