Gain Capital, a provider of online trading services, has launched an Arabic service under its Forex.com UK division. The new service will offer Forex.com’s trading platform and services to clients across the Middle East region. The Forex.com offering supports margin-based
The Commodity Futures Trading Commission and Securities and Exchange Commission have made the following joint statement regarding MF Global Inc… “For several days, the SEC, CFTC and other regulators had been closely monitoring developments affecting MF Global, Inc, a jointly registered
Fund and fiduciary services specialist, Abacus, has acquired Isle of Man-based fund administrators, Portal Fund Administration Limited. The acquisition, which is a key part of Abacus’ ongoing development strategy, further reinforces Abacus’ position as one of the largest service providers
High growth algorithmic trading company, Vanguard Capital AG, has appointed Ritabrata Bhattacharyya (Rito) to its Senior Management team. Bhattacharyya brings with him 15 years of experiences as a professional quantitative trader, investment strategist and technologist. Having consulted leading global hedge
As of January 1, 2004, Eurex Clearing is reducing the clearing and settlement fees for equities transactions in Xetra and on the floor of the Frankfurt Stock Exchange (FWB F
The US Commodity Futures Trading Commission has approved the applications of Cantor Futures Exchange for designation as a contract market and Cantor Clearinghouse to be registered as a derivatives clearing organisation. The Commodity Exchange Act requires the CFTC to approve
By Gregory Marose – As hedge funds across the globe continue to face fee compression and performance headwinds, there’s a compelling rationale for managers to open up the equity activism playbook. Fund managers with the right expertise and resources can act
Alternative Investment Management has hired Donna Toth as chief operating officer. Toth will be based in New York and will report directly to Jonathan Harris, president of AIM. Prior to joining the firm, Toth was a founder and managing principal
Bank of Bermuda has just been named the top hedge fund custodian/trustee and the number two hedge fund administrator in a survey by CogentHedge of the most frequently named
The international division of Close has appointed Mark Coxshall as director of risk. Coxshall will be based in Jersey and will be responsible for risk management in Guernsey, Jersey and the Isle of Man. Andrew Henton, head of offshore businesses
