Nasdaq OMX NLX has partnered with SuperDerivatives to offer independent and transparent settlement pricing on its new London-based market for interest rate derivatives. Daily settlement prices and some final settlement prices for NLX futures products are supported by SuperDerivatives.
Singapore Exchange (SGX) has launched long dated order types, allowing investors to retain buy or sell orders for longer than the usual one day. With long dated orders, investors can specify the number of days they want their orders
The Nasdaq Stock Market, Inc has announced plans to introduce an equity and index options market in the third quarter of 2007, pending approval from the SEC.
Abacus Group has launched FlexDrive, a file-hosting service that allows hedge funds and private equity firms to securely share and transfer files with other users and other devices. FlexDrive provides on-demand cloud storage and sharing as well as instant
The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have published their final report setting out their Principles for Benchmark-Setting Processes in the EU. The principles are designed to address the problems identified with benchmark-setting
The London Metal Exchange (LME) is to launch small-size, cash settled, electronically traded monthly futures contracts initially for copper, aluminium and zinc before the end of November 2
Interactive Data, a provider of managed ultra-low latency infrastructure and market data services designed to facilitate electronic trading, has made its consolidated feed available through a new suite of application programming interfaces (APIs). With a wide-range of trading organisations and
Ashburton (Jersey) Limited is to form the international arm of a new asset manager that will become the fourth financial services franchise of FirstRand Limited alongside existing brands FNB, RMB and WesBank. The new business takes its name from
Eurex will introduce options on two additional Swiss mid-cap equities, Kühne & Nagel International and Phonak, on 18 September.
Collins Stewart Portfolio Management (CSPM) is to launch a Guernsey-registered, closed-ended fund of hedge funds, with no annual management fee.
