Rakuten Securities has joined Singapore Exchange (SGX) as a trading member of its derivatives market. Chew Sutat, head of sales and clients at SGX, says: “We are pleased that Rakuten Securities, a major online brokerage in Japan, has joined
Paladyne Systems has secured the rights to the source code, development rights and unlimited distribution rights for the Numerix Portfolio Risk product. Paladyne has hired the Toronto- and Hong Kong-based development teams that built and support the product. This
The hedge fund industry saw record inflows of more than USD 60 billion during the first quarter of 2007, bringing total assets under management to USD 1.568 trillion, according to data rel
New listing rules for equities and investment funds have been issued by the Cayman Islands Stock Exchange (CSX) as a further development of its upgrade to the Deutsche Boerse’s Xetra trading platform. Existing rules have been refined based on
Palmer Square Capital Management, an investment management firm that provides portfolios of structured credit, collateralised loan obligations and hedge fund strategies, has appointed Jeffrey Fox as executive director. Reporting to Angie Long, Palmer Square’s chief investment officer, Fox’s primary
The FSA’s Matthew Elderfield has been appointed as the Bermuda Monetary Authority’s next Chief Executive Officer (CEO).
GoldenTree Asset Management, an investment firm that manages alternative and traditional asset strategies for sophisticated institutional and high net-worth investors, has appointed James Clarke as managing director – business development. Clarke is based at GoldenTree’s New York City headquarters
Connecticut-based hedge fund advisory firm Level Global Investors has agreed to pay more than USD21.5m to settle Securities and Exchange Commission (SEC) charges that its co-founder, who also served as a portfolio manager, and its analyst engaged in repeated insider
Law firm Ogier outlines the key points of Jersey’s proposal to create a more integrated approach to the regulation of investment fund service providers. The Jersey Financial Services Commission (the JFSC) has just released a proposal for transitioning the regulation
NYSE Euronext has unveiled new strategic pricing for equities transactions on the New York Stock Exchange and electronic market NYSE Arca that utilises the unique attributes of its market
