The European Energy Exchange (EEX) has welcomed RWE Supply & Trading as a market maker for the Spanish, French and Italian power futures markets. Under the new agreement RWE Supply & Trading will promote liquidity in these markets by providing
FlexTrade Systems, a provider of multi-asset execution and order management systems, has appointed Vishal Pandya as chief operating officer (COO). In this newly created position, Pandya (pictured) will serve as a member of FlexTrade’s executive leadership team and have overall
European regulators have blocked the proposed merger between Deutsche Börse and the London Stock Exchange Group. The EU Commission says the deal would create a “de facto monopoly” for certain financial services, despite remedial measures offered by both companies to
What differentiates asset managers today in the eyes of investors? Convergence is a now a common feature of asset management, with alternative and traditional asset classes now forming part of a diversified investment approach. And as technology developments proceed at
The US Commodity Futures Trading Commission (CFTC) has issued an order granting CME Clearing Europe (CMECE) registration as a derivatives clearing organisation (DCO) under the Commodity Exchange Act (CEA). Under the order, CMECE will be authorised to provide clearing services
IPC has launched Global Exchange Reach, a solution that enables exchanges, alternative trading systems (ATSs), multilateral trading facilities (MTFs) and other liquidity venues located in one part of the world to attract order flow and distribute market data in new
The Project Sentinel collaboration is on track to deliver an industry-standard, fully MiFID II compliant platform by the fourth quarter of 2017. Following assessments of technology providers in September 2016, a core group of banks have now committed to the
Citco has launched an enhanced version of its risk and transparency offering which will enable clients to monitor and assess risk using flexible, customisable tools. The technology is available to Citco clients and other alternative investment firms. Citco’s suite
Nexthera Capital, a hedge fund manager focused on global therapeutics, has appointed Rael Mazansky as director of research. Working with Nexthera’s co-founder and CIO Ori Hershkovitz (pictured), Mazansky will help drive Nexthera’s investment strategy of seeking high risk-adjusted returns from the
Intercontinental Exchange (ICE), an operator of global exchanges and clearing houses and provider of data and listings services, has announced the results of the ICE Endex gas storage auction held on 30 November 2016, on behalf of GasTerra. On 30
