UBS Investment Bank has appointed Stuart Hendel as global head of prime brokerage and Mitch Moore as global head of exchange-traded derivatives.
The Tel Aviv Stock Exchange (TASE) board of directors has approved the launch of derivatives (options and futures) on the TA-100 index. The new derivatives join existing products on a number of underlying assets – the TA-25 index, the TA-Banks
Following consultation with the US Securities and Exchange Commission, Euronext has received new class no-action relief for foreign options markets, enabling it to offer Dutch and Belgian equity options to certain eligible US investors. The no-action relief applies to a
Eurex Clearing, Europe’s largest central counterparty, says Eurex Credit Clear, its new central counterparty solution for credit default swaps, will be operational by 27 July and start
By Derek Adler (pictured), IFINA – There are many questions being asked by Investment Managers (IMs) today and relatively few satisfactory answers available. For many years IMs have merely had to satisfy the regulatory requirements of the chosen jurisdiction and
Saxo Bank has launched futures spread trading for retail and institutional clients. From 18 February, clients will be able to trade futures spreads on a variety of assets across all of Saxo Bank’s platforms, including its SaxoTrader mobile apps for
Five Continents Financial Limited, a Cayman Islands-based asset management and corporate services company, has launched its governance services offering, which will be headed by former Deloitte partner Glen Wigney. Wigney has over 30 years of experience with Deloitte in Canada,
The push toward an exchange-traded derivatives (ETDs) market has exposed gaps in the post-trade process used by market participants to clear and settle these transactions. That is according to a study from Greenwich Associates, sponsored by Omgeo, which says that
The official grandfathering period of the AIFMD only ended this July so assessing how different jurisdictions and their fund industry networks are adjusting to the new challenge is a little too early to call. Nevertheless, as burdensome as the Directive
BNP Paribas Securities Services is to acquire Prime Fund Services (PFS), a provider of fund administration, custody and banking solutions for alternative investment managers, from Credit Suisse. The move is part of BNP Paribas Securities Services’ strategy to develop its
