BGC Partners, a brokerage company servicing the wholesale financial and real estate markets, has appointed Peter Pao as director, Greater China. Pao, who brings more than 30 years of broking experience and capital markets expertise, joins BGC Hong Kong
CICC Investment Management (USA) and PineBridge Investments have launched the first global fund of hedge funds targeting qualified Chinese investors. The launch of the global fund of hedge funds demonstrates the strategic decision of CICC Investment Management (USA)’s parent
New York-based hedge fund adviser Philip A Falcone and his advisory firm Harbinger Capital Partners have agreed to pay more thean USD18 million and admit worngdoing to settle chrages brought by the US Securities and Exchange Commission. Falcone has also
Hong Kong-based Richland Capital Management Ltd is shutting down its hedge fund operation, as reported to Reuters on Tuesday 30th April according to Chief Investment Officer Alex Au. The decision to close down is unexpected, as Richland has outperformed industry
International derivatives exchange Eurex reports that 175.1 million contracts were traded in August, a rise of 64 per cent year-on-year (August 2006: 107 million).
FIX Protocol Ltd, the non-profit, industry-driven standards body for global financial trading, has changed its name to “FIX Trading Community”. A new website has also been created as a platform where the global FIX community can meet and exchange
Warsaw Stock Exchange (WSE), the largest exchange in Central Europe, and Aquis Exchange, the proposed pan-European equities trading exchange, have entered into agreement to form an alliance. Under the terms of the agreement, WSE will acquire shares representing 30
Mary Jo White, who became chairman of the US Securities and Exchange Commission on 10 April, is pushing to adopt the JOBS ACT without major changes and potentially adding additional investor protections at a later date. Don Steinbrugge (pictured)
Sam Y Chung, PhD has joined Parker Global Strategies as Vice President, Director of Quantitative Research and Risk Management.
BCS Prime Brokerage has launched the fastest ultra low latency data line yet between London and the Russian Exchange in Moscow. The development now exclusively allows BCS Prime clients the opportunity to trade equities, derivatives, FX, and other financial
