The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement complaint against Florida attorney Jay Bruce Grossman charging him with aiding and abetting multiple clients in the operation of illegal and fraudulent precious metals schemes. According to the
More and more traders are discovering the capital savings they can receive by trading Swap Spreads using a CME-cleared Interest Rate Swap and CME Treasury Futures – a popular example of this is the "Invoice Swap" or "Invoice Spread". These
The European Securities and Markets Authority (ESMA) has approved DTCC’s Derivatives Repository Limited (DDRL) to operate a multi-asset class derivatives repository in Europe. Located in London, with a data centre in The Netherlands, DTCC’s European trade repository will support trade
The five sub funds of TriAlpha Investment Advisors’ TriAlpha Alternative Strategy Unit Trust have been approved as restricted recognised schemes fo
Harcourt Investment Consulting has been appointed as advisor to Bank Sarasin’s fund of hedge funds platform in a strategic partnership launched when Harcourt advised Sarasin on its Torneo
Operational risk has come into greater focus in the last four to five years among OTC derivatives market participants, particularly in the wake of the financial crisis, according to a new report, Operational Risk Management in OTC Derivatives in Asia,
NYSE Euronext and Deutsche Borse have both agreed to a mutual termination of the business combination agreement originally signed by the companies on 15 February, 2011. The move comes following the recently announced decision by the European Commission to block
Just weeks after being given the green light by French markets regulator AMF (Autorité des Marchés Financiers) to become the first alternative manager to specialise in investment in dividend futures, Melanion Capital has received an additional accolade from the French
The global trading industry has begun implementation of the guidelines set down by the FIX Trading Community to reduce operational risk and enable more efficient set up of clients on OTC electronic trading platforms. The Trading Enablement Standardisation Initiative (TESI),
FIX Trading Community, the non-profit financial trading standards body, has extended the Trading Enablement Standard Initiative (TESI) to include foreign exchange (FX) client enablement. TESI uses FIX protocols to achieve more efficient and standardised communication for trading enablements. Last
