Derivix, a financial services software company, has secured investment from J.P. Morgan and S.A.C. Venture Investments, an affiliate of S.A.C. Capital Advisors. Derivix’s analytics functionality, broker-neutral execution and portfolio risk platform provides clients with solutions to meet the increasingly competitive
Horizon Software (Horizon), a provider of electronic trading solutions and algorithmic technology, has released a new version of its global EOMS product, adding significant and unique improvements for the automation of client order/execution workflow to its already market-leading solution. The enhancements,
LCH.Clearnet has cleared the first credit default swap index contracts. Both regulators and market participants have been keen to see clearing for CDS introduced to bring security and transparency to the OTC derivatives markets. The service, launched in response to
The majority of asset managers dragged into new uncleared margin requirements over the next two years could avoid tying up capital altogether, but still play by the rules, according to recent research from OpenGamma.
SJ Berwin has appointed Achim Pütz as a partner in its German team.
The US Commodity Futures Trading Commission has charged Enrique F. Villalba, Jr., of Cuyahoga Falls, Ohio, and his firm, Money Market Alternative, with operating a multi-million dollar commodity futures Ponzi scheme. The CFTC complaint, filed on 29 March 2010 in
A new venture called Skytra has been launched by Airbus to develop highly regulated financial instruments and infrastructure to support the air travel industry’s risk management of its revenues.Skytra has developed a family of global and regional indices which track
Deaglo, a cross-border advisory firm that provides FX execution and risk management solutions to institutional investors, investment managers, multinational corporations and private clients, has launched. The firm says its aim is to ‘educate and empower CFOs to take control of their
David Thompson, previously Director on the UK and European Sales team at Credit Suisse First Boston, has joined Gartmore as Investment Manager in London.
Hedge fund clients now have direct access to their data through a new online portfolio reporting tool introduced by UMB Fund Services. The portal is intuitive yet comprehensive, providing hedge fund clients with the information they need to analyse investments.
