Euronext has signed a license agreement with the Johannesburg Stock Exchange (JSE) providing the JSE with the right to list the flagship Milling Wheat contract currently traded on Euronext. The aim of the agreement is to extend access to
Venovate and Capital Hedge have formed a partnership to offer better, faster, and broader access to alternative investments for family offices and mid-sized institutions. Capital Hedge's FINTRX Investor Platform is a leading family office intelligence tool and asset-raising CRM solution
Alceda has extended its strategic partnership with MM Warburg Group (Warburg). Moving forward, Warburg will act as preferred partner for the administration and custody of Alceda’s funds. Alceda provides independent consulting and structuring services for traditional and alternative investment strategies
The derivatives industry faces challenges in the proposed introduction of margin requirements for non-cleared OTC derivatives transactions. Women in Derivatives (WIND), a nonprofit organisation that provides channels for educating women through forums, brought together thought-leaders and experts in the derivatives
Guernsey’s Chief Minister, Jonathan Le Tocq, has held a series of meetings in Washington to boost the Island’s reputation as a leading international finance centre. A week after Guernsey and the USA signed an asset sharing agreement, the Chief Minister
Multi-class asset manager La Française has signed a strategic partnership – pending regulatory approval – with Alger Management (Alger). La Française will take a 49.9% interest in Alger, an affiliate of Fred Alger Management, a US asset management firm. Two
Clearstream is acquiring Citco’s Cork-based financial institution hedge fund custody processing business for a sum in the mid double digit million euro range. The deal allows Clearstream to expand its hedge fund services for financial institutions whilst enabling Citco to
The US Commodity Futures Trading Commission (CFTC) is extending the deadline for public comment on related applications submitted by LedgerX for registration as a derivatives clearing organisation and registration as a swap execution facility. The original comment period ended on
FRMO Corp has purchased a 37.57 per cent stake in the Bermuda Stock Exchange (BSX) and is now the exchange’s largest shareholder. Murray Stahl, chairman of FRMO, will be joining the BSX board of directors (Council). Stahl is also
JonesTrading Institutional Services is to open a London office as part of a strategic initiative to expand its services to Europe. The move comes in response to client demand for regional expansion of the firm’s relationship based model for block
