ITG, the independent execution broker, has been appointed as a US trading intermediary for Bondcube’s buy-side to buy-side trades. As a US trading intermediary on Bondcube, ITG will facilitate the settlement of trades between buy-sides. The partnership will increase the
BATS Global Markets (BATS) has filed with the Securities and Exchange Commission the BATS Client Suspension Rule, which would enable the company to take swifter action to prohibit manipulative behaviour, such as spoofing and layering, on the BATS Exchanges. Manipulative
A recommendation by the European Securities and Markets Authority (ESMA) to grant Guernsey a ‘third country’ passport under the Alternative Investment Fund Managers Directive (AIFMD) has been welcomed by Guernsey’s funds sector. In announcing its findings from the ‘Call for
The average time taken to exit private equity-backed buyout investments has increased year-on-year since 2008. In this extract from the Preqin Private Equity Spotlight: May 2015, Anna Strumillo and Ciantelle Lawrence conduct an in-depth analysis of buyout holding periods. Private
EBS BrokerTec, ICAP's electronic foreign exchange (FX) and fixed income business, has formed an EBS BrokerTec Executive Management Team. This will allow the business to leverage key functions across the division, including combined product, technology and sales groups. As a
Thomas Miller Investment (TMI), a member of the 129 year old Thomas Miller Group of companies, has launched two new Dublin-domiciled, UCITS compliant bond funds. The TMI Sterling Bond Fund and TMI US Dollar Bond Fund are both registered for
A new start-up in digital currency, CRYEX, has filed an application with the Swedish Financial Supervisory Authority (Finansinspektionen) to become one of the world’s first regulated crypto currency clearing organisations. CRYEX intends to create a members-only European marketplace for trading
BullionVault.com, one of the world's largest physical online gold and silver markets, has seen an increase in the amount of larger investors turning to gold in the UK. In the case of gold specifically, the average purchase size amongst customers
Lyxor Asset Management has partnered with Chenavari Investment Managers to launch the Lyxor/Chenavari Credit Fund, a new European focused long/short credit strategy on Lyxor’’s alternative UCITS platform. The fund focuses on niche long/short credit market strategies by taking advantage of
The European Securities and Markets Authority (ESMA) has published its Advice in relation to the application of the AIFMD (Alternative Investment Fund Managers Directive) passport to non-EU Alternative Investment Fund Managers (AIFMs) and Alternative Investment Funds (AIFs) and its Opinion
