Otkritie, a brokerage that provides direct market access to Russian equity markets, has launched a trading platform that aims to provide greater transparency and cost efficiencies for international investors trading directly into Russia. The new platform, which is backed by
Commerzbank is to a pay USD12 million civil monetary penalty to settle CFTC charges relating to numerous violations of the Commodity Exchange Act (CEA) and CFTC Regulations, including failing to supervise its Swap Dealer’s activities for more than 5 years
Duco, a provider of enterprise data quality and reconciliation services, has opened a new office in Singapore to cater to customers across Asia Pacific. Duco is used by global financial institutions to accelerate digital transformation programs helping to solve a
Teneo Partners has become the first foreign registered alternative investment specialist to be granted a securities sales agency licence by Japan’s FSA. Speaking ab
Old Mutual Asset Managers (OMAM) has added a number of external managers and new strategies to the Old Mutual Multi Strategy Fund. This move is designed to increas
International capital markets software firm genesis has completed a Series A financing round, securing a total of USD3 million from Illuminate Financial, a UK-based capital markets venture capital firm, and Tribeca Angels, a New York venture group.

 genesis was founded
UK pension funds advisor Watson Wyatt Investment Consulting doubled the number of alternative investment mandates awarded to fund managers in 2004. The total rose f
A federal court in New York has entered orders against Kevin P Whylie of Ozone Park, New York, Matthew James Zecchini of East Islip, New York, and the New York hedge fund they co-founded, Algointeractive, to pay more than USD1
The Alternative Investment Management Association (AIMA) is moving to a new address in London. The Association’s new address is: AIMAMeadows Hous
Hedge Funds gave up 3.06 per cent in October according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 6.84 per cent decrease in the S&P 500 Total Return Index. Year to date, the Barclay Hedge Fund Index
