Turnover at the cash markets of Deutsche Börse stood at EUR1.28 trillion (2013: EUR1.16 trillion), in 2014. Order book turnover on Xetra, Börse Frankfurt and Tradegate stood at EUR108.9 billion in December (December 2013: EUR85.4 billion). Of the EUR108.9 billion,
The international derivatives markets of Eurex Group ended 2014 with a turnover of approximately 2.1 billion contracts (2013: 2.2 billion contracts). The total volume for 2014 splits into 1.5 billion contracts traded at Eurex Exchange (2013: 1.6 billion) and 607.4
Sean Foley (pictured) has been appointed the Chief Financial Officer and Chief Administration Officer of Butterfield Fulcrum, a leading independent fund administrator, and FORS Limited, an independent provider of family office and wealth management reporting and administrative services. Butterfield Fulcrum
Three of Market Vectors Index Solutions (MVIS) six investable Long/Short Equity Indices, recorded positive performance in December. Each index is constructed using transparent, liquid ETFs and US Treasury securities to produce hedge fund-style returns without hedge fund pricing, opaqueness and
Singapore Exchange will upgrade its derivatives trading and clearing platforms to further strengthen Singapore’s market infrastructure and to support the strong volume growth in SGX’s derivatives business. The upgraded platforms, SGX TITAN, will ensure continued agility and innovation in terms
MF Global Holdings (MFGH) is to pay USD1.212 billion to settle CFTC charges relating to the misuse of customer funds and related supervisory failures by subsidiary MF Global Inc (MFGI). The CFTC previously filed and settled charges against MFGI for
The Alternative Investment Management Association has signalled a new phase of engagement with European policymakers on the European Commission’s draft Directive on Alternative Investment Fund Managers. Andrew Baker (pictured), chief executive of Aima, says: “There is now a broad consensus
Independent accounting firm Weaver has held the official opening of the firm's newest office, located in the greater Los Angeles area. The new Weaver office is at 1600 Rosecrans Ave, Bldg 7 in Manhattan Beach, California adjacent to several sound stages and
Total hedge funds assets increased 1.8% in November to USD3.070 trillion, according to eVestment’s Hedge Fund Asset Flows report for November 2014. Performance gains accounted for the majority of the asset increase, however after two months of negative investor sentiment,
Shoreline Trading Group, a provider of prime brokerage and agency execution services, has hired Fredrik Schilling to focus on prime brokerage sales operations. Schilling has been named managing director and he brings decades of experience to the position. Prior to
