The Alternative Investment Management Association, the international hedge fund industry association, has formally registered its concern with the UK’s Financial Services Authority over th
Sova Capital has become the first international Individual Clearing Member (ICM) firm on the Moscow Exchange’s Derivatives and FX Markets, as a direct member of the National Clearing Centre (NCC), MOEX’s CCP.
HedgeOp Compliance, a provider of specialised compliance consulting services and software for investment advisers in the US, is strengthening its New York office with the appointment of Derek McGibney who is relocating from IMS’ UK office. McGibney is a leading consultant
The Depository Trust & Clearing Corporation’s (DTCC) expansion of its Sponsored Service of its subsidiary Fixed Income Clearing Corporation (FICC) has been approved by the Securities and Exchange Commission (SEC). DTCC views this as the latest milestone in the transformation
Average hedge fund returns recovered in May on the back of an overall recovery in equity markets during the month, according to index providers Edhec, Greenwich Alternative Investments and
Broadway Technology, a provider of high-performance fixed income and foreign exchange solutions, has acquired 100 per cent of Barracuda FX, a global provider of FX order management technology. With this acquisition, Broadway will continue to expand its product suite and
Vela’s fully-hosted and managed Direct Market Access (DMA) Platform is now available in the Japan Exchange Group (JPX) site in the Tokyo region. With a tier 1 investment bank among one of the first major clients at this co-location space,
Low-touch electronic trading across European equity markets will account for nearly EUR2.1bn in commission revenue by 2010, up from 1.8bn in 2008, according to European Equity Trading 2008
The modern-day hedge fund typically consumes vast amounts of data and leverages its IT providers for next-generation tools and analytics to keep it at a competitive edge. And whereas the private cloud was deemed an ideal environment in which to
Ellis Lake, an event-driven credit manager, has hired Megan Sterrett as Director of Marketing and Investor Relations. Prior to joining Ellis Lake, Sterrett was a Hedge Fund/Private Equity Portfolio Manager for Doshi Capital Partners, a single family investment office based
