Swiss banking group SYZ & CO announced this week the launch of a new sub-fund, OYSTER Global High Yield, which, as its name suggests, will invest in high yield fixed income investments.
Glencore is to increase the size of its existing USD1 billion share buy-back programme by an additional amount of up to USD1 billion. The duration of the programme will also be extended until the close of dealings on 20 February
November trading volumes for options contracts on Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2SM) and futures contracts on CBOE Futures Exchange (CFE) totalled 91.90 million contracts. Average daily volume (ADV) was nearly 4.60 million contracts, a six
Global investor and philanthropist George Soros is back doing what he does best – making a fortune by exploiting financial turmoil.
Naya Capital Management has successfully implemented Watson Wheatley Financial Systems’ iRecs reconciliation system. The iRecs solution offers total control over reconciliations and increases operational efficiency and accuracy in a cost effective package. Tom Wheatley (pictured), COO, Watson Wheatley, says:
Derivatives trading and clearing activities grew in November from a year earlier while securities trading declined, according to Singapore Exchange (SGX). The derivatives market also had a record-high open interest. The value of securities traded was USD19.5bn, down 30
Token Foundry and ConsenSys are to launch Builders’ Track, a new line-up of content-heavy breakout sessions at the Crypto Invest Summit, the West Coast’s largest cryptocurrency and blockchain conference, in Los Angeles in October. Each Track is designed to specialise
Hedge funds lost an average of 1.99 per cent in July, according to the Barclay Hedge Fund Index compiled by Fairfield, Iowa-based BarclayHedge, and are now down by 4.44 per cent since the
Thomson Reuters has partnered with Moody’s Analytics, a provider of financial intelligence and analytics, to offer a classification solution for conducting the Solely for Payment of Principal and Interest (SPPI) tests required under the IFRS9 accounting standard. The solution allows
The growth of funds domiciled or administered in Guernsey slowed in the second quarter of this year but the island’s finance industry is continuing to perform robustly despite the credit c
