Societe Generale has appointed Ramir Cimafranca as Head of Prime Services in Japan, effective immediately. Based in Tokyo, he reports locally to Koji Shimamoto, Director and Executive Vice President, Societe Generale Securities Japan Limited and regionally to James Shekerdemian, Head
The US Commodity Futures Trading Commission (CFTC) has announced two separate actions on how the rules related to the Dodd-Frank Wall Street Reform and Consumer Protection Act apply to cross-border transactions. Specifically, the CFTC issued a Final Response to District
The number of Jersey-registered alternative investment fund managers marketing into Europe through national private placement regimes (NPPRs) under the EU Alternative Investment Fund Managers Directive (AIFMD) continued to rise in H1 2016. According to figures from the Jersey Financial Services
SimCorp has released version 6.0 of its integrated investment management solution, SimCorp Dimension. The new release, which is the second of this year’s two releases, introduces a number of new modules and enhancements across front, middle and back office. A
Franklin Templeton Investments has launched Franklin K2 Global Macro Opportunities Fund for US investors, a multi-manager fund that invests in a variety of global macro strategies sub-advised by institutional-quality hedge strategy managers. Global macro hedge strategies generally have the widest
Preston Hollow Capital (PHC), an independent specialty finance company, has hired municipal finance industry professionals Curtis Erickson, Peter Bianchini and Richard Akulich to form PHC’s Capital Markets Group. “This is an exciting milestone in establishing Preston Hollow Capital as a
Blockchain intelligence firm Elliptic and LexisNexis Risk Solutions have formed a strategic alliance that integrates LexisNexis Risk Solutions extensive anti-money laundering risk management data into Elliptic’s Bitcoin transaction monitoring and compliance products. The two firms have built a proof-of-concept that leverages financial intelligence data from LexisNexis
PEGAS, the pan-European gas trading platform operated by the French Powernext SA, saw a total volume of 86.1 TWh traded in July 2016 which represents a growth of 20 per cent compared to the previous year (71.6 TWh). Spot trading
Compression provider LMRKTS has formed a strategic partnership with Tradition, a wholesale market broker in over-the-counter financial and commodity related products, which will initially handle execution and compression processing unique to FX Forwards. A limited release is planned for August
Bats Global Markets is to launch the Bats Auction Mechanism (BAM), new functionality that provides price improvement opportunities for orders sent to its EDGX Options Exchange. Bats plans to launch BAM in November, pending SEC approval. The company’s two US
