Bats Exchange’s Multicast Pitch service, a real-time depth-of-book data feed, is now available via Atrium Network’s Exchange Ring, which offers dark fibre connectivity to exchanges, multilateral trading facilities and electronic communications networks. Multicast Pitch allows Bats Exchange market data recipients
The US Commodity Futures Trading Commission (CFTC) has issued a time-limited no-action letter that extends relief to swap dealers (SDs) registered with the Commission that are established under the laws of jurisdictions other than the US from certain transaction-level requirements
Alternative asset management firm Sandell Asset Management has chosen SunGard’s Hedge360 for its portfolio management platform. Hedge360 will enable Sandell to automate processes and offer a hosted, enterprise-wide solution that fully integrates with its trading, risk and operations. “Reducing
Butterfield Fulcrum, an alternative fund administration company, has launched a managed accounts platform that provides segregated and commingled managed accounts with a common set of tools for operations, administration and risk monitoring. The platform, called Altinus, aims to provide an
RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, has hired Bertrand Fitoussi as a managing director and head of European structured interest rate sales. Fitoussi will be based in London and report to Avril
SS&C Technologies is now supporting 150 customers through the SS&C GlobeOp Regulatory Solutions Group, which assists funds of all types with Form PF, FATCA, AIFMD and other compliance and reporting rules. Recent additions in the first quarter of 2014 take
Carne Global Financial Services, an independent adviser to the asset management industry, has appointed Penry Jackson as managing director and Alison Magrath as director of compliance services, Carne Dubai. Jackson will focus on advisory services to asset managers including fund
Icap Energy is introducing a combined voice-electronic broking service for OTC crude, fuel oil and middle distillate swaps, subject to regulatory approvals. The service, Icap TrueQuote, will offer OTC oil swap clients a screen-supported voice hybrid service with execution and
BDO, the accountancy and business advisory firm, has promoted Alex Ellerton and Vanessa Bradley to partner in the firm’s financial services team. Bradley trained with BDO and qualified as a chartered accountant in 2000. She undertook a two year secondment
The Alternative Investment Management Association has warned that a provision of the Alternative Investment Fund Managers Directive that is currently being debated in Brussels is protectionist. Aima’s expression of concern comes after the publication of the most recent AIFM directive
