The Securities and Exchange Commission (SEC) has charged a Bay Area hedge fund manager with concealing more than USD12 million in investment proceeds that he owed investors in his fund. The SEC alleges that Lawrence R Goldfarb of Larkspur, California,
Singapore Exchange (SGX) and Eurex are to form a partnership to deliver convenient market access and cost efficiencies to members of both exchanges. Both companies plan to link their co-location facilities/data centres to provide market participants easy connectivity to each
The International Securities Exchange (ISE) has filed for approval with the Securities and Exchange Commission (SEC) to list options on the ISE Max SPY Index, a new proprietary index that represents ten times the value of the SPDR S&P500 ETF
Pictet Asset Management, the asset management and fund distribution arm of Swiss private bank, Pictet & Cie, one of the country’s oldest largest private banks, announced this week
Direct Access Partners, LLC, the customer-focused, multi-asset trading partner to a diverse range of clients including pension funds, mutual funds, hedge funds and RIAs, has announced a major enhancement to the Global Prime Services platform. The comprehensive offering provides an
The Securities and Exchange Commission (SEC) has charged a former analyst at an affiliate of hedge fund advisory firm SAC Capital Advisors with insider trading. The SEC alleges that Ronald N Dennis got illegal tips from two friends who were
Managers sitting on ML Capital’s MontLake platform are about to gain exposure to hundreds of banking groups across the German and Swiss markets.
On 19 January 2011 the European Commission (EC) suspended national registries in the EU ETS due to a theft of EUAs in a number of those registries. As a result, spot trading was not possible and Climex closed its spot
Asia and the Middle East could potentially become major offshore centres for alternative investment funds according to a report published by the Association of the Luxembourg Fund Industry (
Pioneer Investments has appointed David Hanratty to Head both UK and Ireland Distribution and the Global Strategic Partners group. The responsibilities have been brought together in recognition of the increasingly common characteristics of these business segments and the importance
