Clearstream has opened up settlement to Russian corporate bonds its direct link to the Russian central securities depository, the National Settlement Depository (NSD). In addition, Clearstream will work with its international central securities depository (ICSD) counterpart to ensure an effective
The US Commodity Futures Trading Commission has announced that on 4 March 2009 the federal district court in Knoxville, Tennessee, issued a court order freezing the assets of Dennis R.
A latest industry report by PerTrac has found that long/short equity is the most popular strategy executed by alternative UCITS funds.
New York-based investment adviser Enso Capital Management and UBS Fund Advisor, an indirect subsidiary of UBS, have created a joint venture, UBS Enso Management, which will act as investme
LCH.Clearnet Group Limited has signed non-binding heads of agreement with International Derivatives Clearing Group, LLC (IDCG) and The NASDAQ OMX Group, Inc (NASDAQ OMX) regarding the acquisition of IDCG. The transaction would represent the latest move by LCH.Clearnet Group to
Halbis, the active management specialist of the HSBC Group, has appointed Shameema Yousuf as a fund manager on the Halbis Commodities Alpha fund, working alongside lead manager Per Tingber
State Street Global Advisors (SSgA) has launched two currency investment strategies on Deutsche Bank’s dbSelect, its platform for accessing liquid hedge fund strategies. The move allows investors to access SSgA’s Developed Markets Currency and Emerging Markets Currency strategies in a
The European Commodity Clearing (ECC) has expanded its offering to include reporting services required under the European Market Infrastructure Regulation (EMIR). All market participants are obliged to forward data on concluded derivatives market transactions to a trade repository. ECC customers
Napier Park Global Capital, an alternative asset management firm with USD6.7bn in assets under management, has completed its trading application infrastructure spinout from Citigroup. Sky Road, leveraging its solution delivery model that blends trading software expertise and daily operational process
Chicago Board Options Exchange (CBOE) has expanded the frequency for disseminating values on its recently created CBOE Short-term Volatility Index (VXST index). VXST index values now are generally disseminated every 15 seconds during the trading day versus once a day
