LCH.Clearnet is set to launch clearing for the over-the-counter wholesale London gold market in a joint initiative with the London Metal Exchange. This post-trade service, to be introduced in November 2010, will allow bilateral OTC trades to continue to
The Association for Financial Markets in Europe (AFME) has published an updated version of its Due Diligence Questionnaire (DDQ) which aims to harmonise and simplify the process of completing questionnaires for global custodians, sub custodians and banks that hold client
Ivy Asset Management Corp., a subsidiary of The Bank of New York Company, Inc., is expanding its international presence with the opening of a Tokyo office. The Toky
NYSE Euronext and Microfis plan to set up the first organised market for listing and trading of bonds based on debt from international microfinance institutions and solidarity businesses as defined by the Economic Modernisation Act (LME). The new NYSE Euronext
Bitstamp, the largest cryptocurrency exchange by trading volume in Europe, is to implement the Irisium market monitoring platform. Bitstamp has been a pioneer in crypto security and regulation since its inception in 2011. The exchange places an emphasis on customer
The final part of a six-part guide by Dermot S.L. Butler, Chairman of Custom House Administration & Corporate Services Limited (Custom House). Creating a Long-Term Relationship – Common Problem Areas It goes without saying that long-term relationships are built up
QuantHouse, an independent provider of high performance systematic trading solutions including market data services, algo development tools and global network infrastructure, has appointed Emmanuel Carjat as Chief Operating Officer, and Denery Fenouil as Chief Technology Officer. In the role of
Carl Icahn has reportedly sued hedge fund Perry Corp.
Private equity firm Corsair Capital (Corsair) has made a majority investment in ZEDRA Group (ZEDRA), a specialist in trust, corporate and fund services. Corsair has a long and successful track record of growing financial services firms across a diverse range
US legal firm Bryan Cave provides a summary of the final SEC rules covering the registration of hedge fund advisers in the USA. On December 2, 2004, the Securities
