There’s a lot hackers can do to wreak havoc for private equity and other investment firms – and it extends far beyond forcing users to change their passwords. In fact, with their roguish hands on the right information, the consequences
Midclear has selected GMEX Group wholly owned subsidiary, GMEX Technologies, to provide and implement its innovative AvenirClear CCP product as the core system of the first derivatives central counterparty (CCP) in Lebanon. The set-up of the CCP by Midclear represents
Pan-European private equity firm IK Investment Partners’ (IK) IK Small Cap I Fund is to acquire a minority stake in Third Bridge, a primary research provider. Financial terms of the transaction have not been disclosed. Third Bridge provides its clients
The final regulations of MiFID II announced today are likely to lose brokers business, analysts their jobs and also hit fund managers’ profits says Cleveland & Co Associates, the boutique legal advisory business. Among the new regulations of MiFID II,
Bats Europe has reported June volume and highlights for Bats LIS, its new block trading platform powered by BIDS technology, which saw more than EUR2.0 billion in notional value traded during the month, setting a new monthly record. Bats, which
Deutsche Boerse’s T7 trading technology is now live for Xetra trading on the Frankfurt Stock Exchange, putting both Xetra and Eurex derivatives trading on the same system. Eurex Exchange, the European Energy Exchange (EEX) and the Bombay Stock Exchange (BSE)
EEX Group has successfully reached an agreement with LCH Ltd (LCH) in London to novate, subject to member agreement, open positions in Dry Bulk Freight FFA and option contracts from LCH to its clearing house European Commodity Clearing (ECC) by
Investors retreated from equities and turned to safe-haven assets in January as disappointing Chinese and emerging market numbers and weaker US data dominated news flow, according to GAM’s latest hedge fund performance review. Global equities were down 6.0 per cent,
SteelEye, the compliance technology and data analytics firm, has appointed Matt Smith (pictured), a highly-experienced regulatory tech specialist, as its new Chief Executive Officer. Smith’s appointment is aimed at helping drive the firm’s growth as it markets its secure and
The US CFTC has entered into non-prosecution agreements with the former Citigroup Global Markets traders – Jeremy Lao of New York, New York, Daniel Liao (of Minato-Ku, Japan, and Shlomo Salant of New York, New York. In their non-prosecution agreements,
