The global mining giant Xstrata plc has confirmed that it has received an approach from and is in discussions with commodities giant Glencore International plc regarding an all share merger of equals “which may or may not lead to an
The last thing any hedge fund manager wants is to be off-boarded by a Prime Broker. It can be a destabilising and unsettling experience, potentially leading to a loss of confidence among investors. It is vital, therefore, to find the
CMC Markets Institutional – a provider of liquidity and white label trading solutions – has launched a new Prime Derivatives trading platform providing professional individual and institutional clients with access to trade global single stock CFDs. Accessing Prime Brokerage services
The Exchange Council of the European Energy Exchange (EEX) says it is particularly encouraged by the continuous trend of hedging long-term positions such as PPAs via EEX and its clearing house ECC. EEX’s concept of long-term hedging with standard futures
Paraic Cosgrave has joined Abbey Capital, a Dublin based multi-manager managed futures specialist, as Global Head of Sales. Cosgrave brings with him twenty five years of experience in international capital markets. Most recently, he was Global Head of Sales &
SMBC Nikko Securities is quickly emerging as a powerhouse in Japanese fixed-income trading, according to the results of Greenwich Associates 2011 Japanese Fixed-Income Investors Study. From 2010 to 2011 SMBC Nikko Securities increased its market share in Japanese government bond
Close to 60 per cent of Alternative UCITS funds posted losses in August, pushing broad-based indices lower. The LuxHedge Global Alternative UCITS Index lost -0.41 per cent, bringing 2018 YTD to -1.43 per cent. Only one quarter of all funds
Outsourced trading solutions firm Tourmaline Partners has added an “execution dashboard” to its client website to provide its buy-side clients with greater transparency into their total broker research spend. Now, in addition to providing comprehensive trade detail and aggregated
ICAP Capital Markets, now known as Intercapital Capital Markets, is to pay a USD50 million penalty to settle US CFTC charges that, through certain of its brokers, it aided and abetted numerous attempts by several of its bank clients to
The Derivatives Service Bureau, founded by the Association of Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs) for OTC Derivatives, is looking for broader industry representation within the DSB’s Product Committee, and is
