Bank of America Merrill Lynch (BofAML) will be a participant of the GMEX Exchange when the exchange launches on 7 August 2015. BofAML will offer execution and clearing services, for the GMEX products, to its client base. The initial products
July average daily transaction value on the Euronext cash order book stood at EUR7,911 million (+38 per cent compared with July 2014). Activity on ETFs remained dynamic with an average daily transaction value at EUR513 million, up 81 per cent
BATS Global Markets (BATS) has received approval from the US Securities and Exchange Commission (SEC) to launch its second options market – EDGX Options. BATS is planning to open the new market on Monday, 2 November, 2015. EDGX Options will
A fairly heavy load of economic data was released last week. On balance they were positive in DM but remained on the soft side in EM. The divergence between DM vs. EM continued to widen. This kept a strong downward
The US Securities and Exchange Commission (SEC) has proposed rules, forms and amendments to modernise and enhance the reporting and disclosure of information by investment companies and investment advisers. The new rules would enhance the quality of information available to
RAM Active Investments has appointed Nexus Investment Advisors Limited as manager of the RAM Asia Bond Total Return Fund – previously known as Samena (Lux) Global Funds – Credit Opportunities Fund. This decision is the logical consequence following the departure
Shanghai Stock Exchange, China Financial Futures Exchange and Deutsche Börse are to launch a joint venture to develop and to market financial instruments based on Chinese underlyings to international investors outside mainland China. The venture is designed to support the
Eze Software Group has released a number of new features for the buy-side and the sell-side in the latest version of its EMS. Enhancements include actionable IOI support, securities borrowing improvements and enriched support for ACT reporting. Traders now can
Bermuda remains fully committed to the process of qualifying under rules set out by the European Union for third-country rights for Island-based alternative fund managers. The European Securities Market Authority (ESMA) last week cleared the way for Guernsey, Jersey and
The EU Commission has confirmed its continued endorsement of Guernsey as a cooperative jurisdiction following a meeting between officials in Brussels. This news was welcomed in Guernsey, which has a strong record in meeting international standards as a cooperative and
