A survey conducted by Kinetic Partners of over 90 senior figures in the asset management, banking and broking industries shows a lack of confidence in future structures for regulating financial services in the UK. Nearly two-thirds (65 per cent) were
The first Asian segments of MarketPrizm’s global ultra low latency data distribution infrastructure are now live. Customers can use MarketPrizm’s ultra low latency network, PrizmNet Asia, to connect to markets in Tokyo (TSE and Chi-X Japan), Australia (ASX and Chi-X
A New York federal court has ordered New York trading firm Gelfman Blueprint and its Chief Executive Officer Nicholas Gelfman to pay over USD2.5 million in civil monetary penalties and restitution in what is the first anti-fraud enforcement action involving
The Court of Appeal has handed down its judgment on the appeals made against Justice Briggs’ judgments in an application for directions brought by the joint administrators of Lehman Brothers International (Europe) (in administration). The administrators’ application concerned LBIE’s obligations
DMS Management (Ireland) Limited (DMS) has been appointed as director to the Monsoon Asia-Pacific Systematic Fund (MAPS), a Dublin-based UCITS IV fund with daily liquidity. MAPS is one of the first alternative strategy UCITS IV funds authorised in Ireland. MAPS
Quantile Technologies (Quantile), a provider of multilateral compression and optimisation services for Financial Markets, has successfully completed its initial NDF Margin Optimisation cycles with CME Group. CME Group’s latest cycle generated over USD1.2 billion in NDF clearing across multiple currency
London-based City Financial are tapping into Asia’s growth story by launching the Cayman Island-domiciled City Financial Asian Absolute Growth Fund.
Fund administrators have, over the last decade, focused a lot of attention and marketing dollars to persuade clients to buy customised, premium value-add services, in a bid to stand out from the crowd. To some extent, this has been a
The Association of the Luxembourg Fund Industry has appointed Ching Yng Choi as the head of its Asia office. Claude Kremer, chairman of Alfi, says: “Luxembourg is a world leader in cross-border fund distribution and has a significant share of
The Depository Trust & Clearing Corporation (DTCC) has released its latest Data Services product, DTCC Equity Kinetics, providing institutional investors with a comprehensive depth of market view of activity across all US equity trading venues. DTCC says the data is
