The US Commodity Futures Trading Commission (CFTC) has issued an order of registration to Eurex Zurich, a foreign board of trade (FBOT) in Switzerland, allowing the company to provide its identified members or other participants located in the US with
Global independent fund administrator Apex Fund Services has become the first administrator to receive in principle approval from the ADGM to carry out regulated activity in the jurisdiction. Under the in principle approval, the grant of financial services permission
Since the BVI introduced the Approved Manager regime at the end of 2012 demand has been strong. Currently, there are 101 Approved Managers licensed in the BVI. In its initial incarnation, any manager running an open-ended BVI fund with no
McKay Brothers International’s (MBI) Central London POP, adjacent to the London Stock Exchange, is now live, completing MBI’s UK Local millimeter wave network. MBI connects data centres serving major UK equities, interest rate and FX matching engines at the lowest
Nasdaq and Astana International Financial Centre JSC (AIFC) have signed a new agreement for the development of Kazakhstan’s nascent stock exchange, the AIFC Exchange. The exchange is targeted to launch in late-2017 and will initially trade equities and fixed income with
Big changes are afoot across a broad spectrum of the financial services industry. For example, in the wealth management and investment advisory space, thanks to huge technological developments in recent years, traditional wealth managers have a new competitor to face;
Hong Kong-based macro-economic hedge fund Guard Capital is now using TFG Financial System cloud-based, cross-asset technology solution for its multi-asset portfolio and risk management requirements. Guard Capital, which was founded by Leland Lim and Allan Bedwick, is drawing on TFG’s
Automation lies at the heart of Interactive Brokers' prime brokerage model. Be it for risk management, account management, trade execution and pricing, everything is streamlined so as to provide fund managers with a cost-efficient solution. Interactive Brokers can be viewed
Systematic Alpha Management (SAM) has been trading the Systematic Alpha Intraday Program live on the dbSelect platform. The programme carries no risk, positions or margin overnight. “The intraday program is a unique investment offering which, in contrast to
Regulation, in the form of AIFMD and Basel III, has had a profound effect on the way that prime brokers and fund managers view their relationship. Ten years ago, things were simple. Hedge funds and prime brokers alike operated with
