Industry experts have predicted a transition from a bilaterally cleared OTC business to centrally cleared OTC derivatives, along with an increase in the volume of exchange-traded derivatives, according to a report from Celent. The trading volumes of exchange-traded derivatives have
Independent wealth management firm Vestra Wealth (Vestra) has appointed Mario De Bergolis as head of operational due-diligence of its Hedge Fund Advisory Service – a new dedicated service for clients looking for due diligence, research and advice on alternative investments.
In February this year, Deutsche Bank executed the first electronic CDS trades in full compliance with Dodd-Frank. In so doing, the USD582trillion (notional value) OTC market enjoyed its first taste of transparency. The trades were executed using Autobahn, an electronic
SYZ Asset Management, the institutional asset management arm of Swiss banking Group SYZ & CO, has appointed Derek Borthwick as business development director for Scotland, the North of England and Northern Ireland. Borthwick will promote SYZ Asset Management’s capabilities, including
ABC Quant has released Quant Suite 2009, an analytic platform offering solutions for hedge fund risk assessment and portfolio construction. Quant Suite applications cover the broad range of aspects of hedge fund risk management and asset allocation including: • Risk-return valuation
By John Roche, Partner, PwC – Whilst everyone no doubt has their own view of the financial crisis, what is clear is that its knock on effect has been dramatic. Now regulators, particularly in the US, are on the offensive,
Direct Access Partners, a diversified institutional financial services enterprise, has acquired the listed equity derivative trading team from IA Englander. The Direct Access options team will focus on dynamic hedging, yield enhancement, stock replacement and volatility strategies for client portfolios.
Equinox Fund Management has added the commodity trading advisor, or CTA Program, Berkeley Quantitative Trading Company – Performance Program, LLC (BQ) to the investments held by the subsidiary of MutualHedge Frontier Legends Fund. MutualHedge is a mutual fund providing investors
The Tokyo Stock Exchange’s Topix futures will be listed on the NYSE Liffe market from summer 2010. The Topix index futures contract is the benchmark Japanese stock price index already traded on the TSE. Topix futures are actively traded by
KKR has confirmed that all necessary consents and regulatory approvals to acquire Prisma Capital Partners have been obtained and that the closing is anticipated to occur in October 2012. KKR announced its agreement to acquire Prisma, a provider of customised
