TD Securities US has acquired Albert Fried & Company (AF&Co), an established New York-based broker-dealer. The purchase of AF&Co's services and capabilities, which include self-clearing, securities lending and a prime brokerage technology platform in its final stages of development, is
RJ O’Brien & Associates (RJO) has appointed Elena Patimova as Senior Vice President, Business Development at its London-based affiliate, RJ O’Brien Limited. In her role, Patimova will help the firm further grow its electronic sales, clearing and voice execution business
Cowen Inc’s prime services division, Cowen Prime Services, has been named Best Global Prime Broker for the third consecutive year at the 2018 Hedgeweek Global Awards. The award is based on a peer review system whereby Hedgeweek’s readers, including institutional
2017 was an exceptional year for the European investment fund industry, with net assets of UCITS and AIF surpassing the EUR15 trillion mark, according to the European Fund and Asset Management Association (EFAMA) latest Quarterly Statistical Release. Net assets of UCITS increased by
Colt has become a market data provider for the Tokyo Commodity Exchange (TOCOM), with the service set to launch alongside the scheduled migration of TOCOM’s derivatives trading to the J-GATE trading system operated by Japan Exchange Group. Firms with trading infrastructure will be able to access
REDD Intelligence, an online provider of material intelligence on emerging market event driven special situations, has closed a USD5.8 million equity financing round.This is REDD’s first institutional financing and was led by Nassau Point Investors. Other investors include Neil Osborn,
Singapore Exchange (SGX) and fintech firm Smartkarma have formed a partnership to roll out the C-Suite Pilot Program, a cloud-based platform that will enable SGX-listed companies to streamline their communication and data reporting to the institutional, analyst and investor communities.
O’Connor Davies Administration, a subsidiary of accounting and advisory firm PKF O’Connor Davies, has launched a new administration service offering for cryptocurrency hedge funds. With the launch, O’Connor Davies Administration also announced it currently provides complete fund administration services to
Digital asset trading, research and data company Brave New Coin is extending its partnership with BTSE, a multi-currency spot and futures trading platform, to deliver five additional indices by the end of the year.
The Commodity Futures Trading Commission (CFTC) has issued an order approving the transfer of all open interest in credit default swaps (CDS) at the Chicago Mercantile Exchange (CME) to ICE Clear Credit (ICC). The CFTC acted at the request of
