Kingdom Trust, a regulated financial institution offering qualified custody for digital asset investments like Bitcoin and Ethereum, has secured insurance for assets held on its qualified custody platform through Lloyd’s of London. “Qualified custody by a regulated, insured financial institution
The Depository Trust & Clearing Corporation’s (DTCC) corporate actions pilot programme has begun systemic client testing of ISO 20022 messages covering the full entitlement and allocation lifecycle for distribution events. The pilot for distribution events, launched in September 2012, is
Deutsche Bank AG (DB AG) and Deutsche Bank Securities Inc (DBSI) (collectively, DB), are to pay a USD30 million civil monetary penalty to settle CFTC charges relating to manipulation, attempted manipulation and spoofing of the precious metals futures markets. A CFTC Order finds
Signature Group has formed a partnership with Apache Advisors, a Dubai based consultancy. As part of this partnership Apache Advisors will provide strategic input to Signature’s distribution and product structuring strategies. Paul Forsyth, the co-founder of Apache Advisors, will become
ICAP has launched i-Swap, its electronic interest rate derivative platform in the US for trading of US Dollar interest rate swaps (IRS). Barclays, BofA Merrill Lynch, Citi, Deutsche Bank and JP Morgan are supporting i-Swap by providing streaming prices. An
Agilis Investment Management, an independent multi-asset fund manager, has appointed Chris Welsh as Partner, responsible for strategic business development and distribution. Welsh (pictured), joins Agilis from the Mako Group, a derivatives trading firm, where he was CEO for 10 years
Trigon Investment Advisors, a New York-based alternative investment manager, has named Keith Byers as managing director – business development. Byers will be responsible for the strategic planning and implementation of all sales and marketing efforts for Trigon. Byers joins Trigon
Pine River Capital Management has deployed its Flex Trade Systems’ FlexTRADER EMS to facilitate trading for equities, FX and listed derivatives. “In this business, one has to continue to innovate or die,” says Scott Reinhart, head of Pine River Capital
By Amanda Daly, EzeCastle Integration – If you are launching a new firm or enhancing the operational efficiency of an existing firm, choosing an external provider to outsource your IT needs is an important decision that should be made after careful
The turnover of investment certificates and leverage products traded on the European stock exchanges in the fourth quarter of 2012 was EUR20.7bn, or 13.4 per cent lower than in the third quarter of the year. In year-on-year terms, the decline
