The Exchange Council of the Frankfurt Stock Exchange has unanimously elected Michael Rüdiger as its new Chairman. Rüdiger is CEO of DekaBank Deutsche Girozentrale, and has been a member of the Exchange Council as representative of public law credit institutions
Intercontinental Exchange (ICE) is to acquire Bank of America Merrill Lynch’s Global Research division’s index platform. The BofAML indices are the second most used fixed income indices by assets under management (AUM) globally, and upon closing, the AUM benchmarked against
Ernst & Young’s Global Information Security Survey 2015, entitled ‘Creating Trust in the Digital World’ provides a comprehensive insight into how organisations view their cyber defences. The data presented reveals a number of inconsistencies that illustrate a lack of real
AlphaCat Managers (AlphaCat), a wholly owned subsidiary of Validus Holdings, has appointed Bernard Van der Stichele as Portfolio Manager. He will report to Lixin Zeng, Chief Executive Officer of AlphaCat. Van der Stichele brings over 15 year of institutional investment
Royce & Associates is reopening the Royce Premier and Special Equity Funds to new investors as of Monday, 4 January. Chuck Royce and Charlie Dreifus, the funds' respective portfolio managers, say they are comfortable accepting additional asset flows at each
Neptune, the open standards network utility for pre-trade indications in bond markets, is continuing to expand its business to the wider community. The network launched in August initially, with a limited set of buy-side and sell-side sponsors. Neptune has already seen
LOGiQ Asset Management has appointed Tim Fitzpatrick as chief compliance officer of the company and certain of its securities-registered subsidiaries, effective 1 June 2017 subject to securities regulatory approval. Fitzpatrick is a highly experienced compliance executive with an extensive
The failure to provide the CFTC even a modest increase in the fiscal year 2016 budget agreement sends a clear message that meaningful oversight of the derivatives markets, and the very types of products that exacerbated the global financial crisis,
Lysis, a provider of business change management and KYC services, and iMeta, a provider of client lifecycle management software, have joined forces to create a Client Lifecycle Managed (CLM) service for the small to medium size institutions in the financial
The SS&C GlobeOp Forward Redemption Indicator for December 2015 measured 4.98 per cent, up from 4.90 per cent in November. “SS&C GlobeOp’s Forward Redemption Indicator increased slightly to 4.98 per cent for December 2015 from 4.90 per cent in November,”
