USD 166 million raised for initial launch of New Star Multi Strategy
New Star Asset Management has raised USD 166 million from the initial launch of its Multi Strategy funds.
New Star Asset Management has raised USD 166 million from the initial launch of its Multi Strategy funds.
The PFSOFT company, a trading technology provider, has launched an enhanced web trading application. This new front-end allows users to access to the Protrader platform regardless of whether they use Windows, Mac or other operating systems. "As well as our

The board of The London Metal Exchange has approved the creation of the LME user committee. It will represent the interests and views of the stakeholders of the Exchange. The new LME user committee will report directly to the LME

Mitsubishi UFJ Trust and Banking Corporation (MUTB) is to acquire alternative fund administrator Butterfield Fulcrum. Established in 1927, MUTB is a wholly owned subsidiary of Mitsubishi UFJ Financial Group (‘MUFG’), the fifth largest global bank holding company ranked by assets.
NY-based Jefferies & Company, Inc has selected Advent Software’s Geneva to help manage and grow its expanding prime brokerage offering.
A total of approximately 107 million derivative contracts were traded on Eurex in August, a 19 per cent increase on the previous year.

Julie O’Hara is the latest independent fund director to join Carne Group’s Cayman Islands office. O’Hara is the fourth Carne director now resident in the Cayman Islands and available for fund boards. Her appointment brings the total number of the

Eurex Exchange is now operating entirely on Deutsche Börse Group’s global trading architecture. The fixed income derivatives segment, including highly liquid Euro-Bund, Euro-Bobl and Euro-Schatz futures, was the last to migrate from the previously used system. The new
BTIG, a financial services firm specialising in institutional trading and related brokerage services, is strengthening its Chicago presence with the hire of three veteran traders – Matt Biety, Matt Krebs and Peter Murphy. “We’re excited to expand our presence in
The CFTC has filed a Notice of Intent to Revoke Registration against Samuel Israel III, formerly of Bayou Management LLC.