The European Commission’s objectives for MiFID II/MiFIR were released in October this year. At the heart of this new regulation is an attempt to bring greater transparency to the OTC markets, with proposed requirements for pre-trade pricing to be shown
Sean Capstick is to assume added responsibility for EMEA Equity Research Sales at Bank of America Merrill Lynch (BAML). In addition, Charlotte Burkeman is joining the company as managing director and co-head of EMEA Prime Brokerage alongside Capstick. Burkeman is
Offshore firm Appleby acted as Bermuda counsel for eStats Funds Management Pty Limited (“eStats”) in relation to its establishment of a new Master-Feeder fund structure domiciled in Bermuda. The Appleby team was led by Jeffrey Kirk, a Corporate Partner
Aimed at investors who want to profit from and have a portfolio hedge from rising energy prices, MarketRiders (www.marketriders.com) is offering its own all-Exchange Traded Fund (ETF) energy hedge fund. The MarketRiders Energy Hedge Portfolio (http://www.marketriders.com/energy-hedge-portfolio ) provides greater
The London Metal Exchange (LME) will introduce financially settled swaps for all non-ferrous contracts on 23 January 2012. The average-price contracts are the first of their type to be traded on-exchange in the world and are designed specifically for participants
Bank Degroof is the latest client to go live using Interactive Data’s Consolidated Feed via ULLINK’s trading platform. Demand for greater breadth and depth of market data to power algorithmic and electronic trading applications continues to grow, driven by
Asia-focused hedge funds added USD20 billion in assets in 2013, American funds dominate global AUM, according to a survey from tracker AsiaHedge. The industry still remains about USD33 billion below its peak asset level hit in 2007, but the twice-a-year survey shows
Red Kite, a metals-focused fund groups, has selected Butterfield Fulcrum as the firm’s fund administrator. After a detailed analysis of Red Kite’s specific needs, Butterfield Fulcrum designed a customised solution to answer the client’s requirements. Teams from both Red Kite
Capco, the global business and technology consultancy dedicated solely to the financial services industry, has appointed Gary Goldberg as a Director in the company’s UK Capital Markets team. Gary will focus on growing Capco’s presence in the hedge funds and
Qatar Exchange (QE) has been working on its strategy to enhance the market infrastructure over the last one year. The first major enhancement was the upgrade of its trading technology and model in September, 2010. In continuation of implementing the
