Liquidnet, the global institutional trading network, has launched Execution & Quantitative Services (EQS), a global group headed up by Rob Laible, who joined the company earlier this year. Liquidnet is seizing on an opportunity to provide its network – which
The Securities and Exchange Commission is adopting an interim final temporary rule under the Investment Company Act of 1940 to require a money market fund to report its portfolio holdings and valuation information to the SEC under certain circumstances. The
ING Investment Management (ING IM) has hired the convertible bond team from Avoca Convertible Bond Partners, adding a strategy to its range that offers equity upside participation with downside capital protection. Tarek Saber and Jasper van Ingen, managers of the
ICSA, the Institute for professionals working in governance and compliance, is launching four new Level 4 (the equivalent of first year undergraduate) qualifications for offshore finance professionals. The new International Finance and Administration qualifications replace ICSA’s Certificate in Offshore Finance
Aggregate hedge fund performance was positive 1.08% in November, ending the industry’s two-month decline, according to eVestment’s latest monthly Hedge Fund performance report. Year-to-date aggregate returns of 2.85% are well below 2013’s full-year increase of 10.20%. Aided by rebounding US
Gravitas Technology, a technology and solution provider to alternative investment and financial services companies, has launched The Gravitas Fractional CIO offering to provide strategic information technology guidance to hedge funds. This is the first fractional CIO service targeted exclusively to
Trading in investment products and leverage products on European financial markets fell slightly in the third quarter of 2014. At EUR26.2 billion, the trading volume was down one per cent compared to the previous quarter. However, exchange turnover was up
FxPro Financial Services Ltd (FxPro) has launched FxPro Prime, a prime-of-prime offering that will leverage its exceptional pool of multiple stream tier one FX liquidity and open it up to institutional businesses. FxPro’s retail clients already benefit from very deep
New capital and leverage ratios being mandated by the Basel III rules will penalise prime brokers whose securities financing operations will be incrementally included as risk exposure that requires a capital buffer. TABB Group says that the rules, treatment of
Intercontinental Exchange is to sell approximately 4.2 million shares in Euronext NV, representing approximately 6% of Euronext’s share capital, by way of an accelerated book-building to institutional investors. Following the sale, assuming all shares are sold, ICE will no longer
