In July 2018, the European Energy Exchange (EEX) increased volumes on its power derivatives markets by 46 per cent to 213.8 TWh (July 2017: 146,2 TWh). On the Spanish power market, volumes exceeded the mark of 10 TWh for the
The Cayman Islands Government signed its 31st Tax Information Exchange Agreement (TIEA) with the Republic of Brazil on 19 March. The treaty is expected to build on business relationships that are already in place, and provide a springboard for
Knight Capital Group has appointed David I. Sellers as managing director, head of sales for Hotspot FX in Europe. Sellers joins from EBS/ICAP where he led new business development. Based in London, he oversees sales for Hotspot in both the
The Conifer Group, a provider of fund administration, middle office, trading and prime brokerage services to the hedge fund industry, is expanding its sales team by naming David Goldstein as director and Elizabeth Whitehouse as vice president of business development.
Catalyst Funds, an alternative-focused mutual fund company, has added three new members to its team, and made one internal promotion. Dustin Tait, who previously served as regional investment consultant, has been promoted to external wholesaler and will be based out
February proved to be a difficult month for hedge funds, according to data released by Newedge, with eight of the firm’s suite of 11 hedge fund indices reporting negative returns for the month. The Newedge Short-Term Traders Index (0.62
The US CFTC has announced multiple whistleblower awards totalling more than USD45 million which it says demonstrates the growing success of its Whistleblower Program, and in particular the increasing volume and complexity of incoming whistleblower submissions. Just last month, the
Lazard Capital Markets’ prime services division has deployed Eagle Investment Systems’ suite of data management, investment accounting, performance measurement and information delivery solutions, all hosted via Eagle Access, its application service provider. Lazard Capital Markets’ prime services reporting platform was
IHS Markit, a specialist in critical information, analytics and solutions, has completed its USD1.855 billion acquisition of Ipreo, a financial services solutions and data provider. Previously, IHS Markit had announced its intent to acquire Ipreo from private equity funds managed by
Lyxor Asset Management is strengthening its sales and marketing team with the appointment of Véronique Parizet as head of sales for French and German-speaking Europe and the enhancement of its sales organisation on this zone. Based in Paris, Parizet
