CME Group, the world's leading and most diverse derivatives marketplace, announced today that One million contracts have now been traded on CME Group’s London-based derivatives exchange, CME Europe, which launched in April 2014. The total volume of contracts traded since
SoftBank Group (SoftBank or SBG) is to acquire Fortress Investment Group (Fortress) in a cash deal worth approximately USD3.3 billion. Under the terms of the merger agreement, which has been unanimously approved by a Special Committee of Independent Directors of Fortress's Board of
The choppy waters of 2015 have proved challenging for active hedge fund managers. Both equities and global bonds are down this year to date as measured by the MSCI World index and the Barclays Global Aggregate Bond index in US
Ivy Investment Management Company (IICO) has partnered with sub-adviser firm PineBridge to launch the Ivy PineBridge High Yield Fund. The fund is managed by IICO and sub-advised by PineBridge Investments, a firm with more than USD80 billion in assets
Fixed income specialist BlueBay Asset Management (BlueBay) has successfully completed the implementation of SimCorp Dimension. The system now supports BlueBay's middle and back office operations across the entire investment book. Over the past six years, BlueBay has doubled in size,
CBOE Holdings expects to complete its acquisition of Bats Global Markets on 28 February, 2017. Earlier this month, CBOE Holdings received its final remaining regulatory approval from the United Kingdom’s Financial Conduct Authority (FCA), meaning that all US and European
AX Trading has launched the AX Trading Network, a new electronic trading network (ETN) that allows institutional traders to target and trade with selected counterparties in a secure environment. "We live in a networked world," says AX CEO George O'Krepkie.
Conquest Capital’s Conquest STAR UCITS Fund, a systematic absolute return trading strategy, has launched on ML Capital’s MontLake UCITS Platform. MontLake is an independent platform for UCITS funds that provides investors with access to a range of liquid, transparent
Despite hedge funds returning 7.40 per cent over 2016, investors continued to withdraw capital over the year, with the industry seeing overall net asset outflows totalling USD110 billion in 2016. Preqin’s latest research finds that the rate of redemptions accelerated
Borsa Istanbul has officially gone live on nine of Nasdaq's market-leading technologies including trading and clearing, settlement, market data management, index calculation, market surveillance, business intelligence, and pre- and post-trade risk management. The initial implementation is for Borsa Istanbul's equity
