Multifonds is expanding its core transfer agency (TA) solution, Multifonds Global Investor (MFGI), to meet the needs of its asset servicing clients as they seek to consolidate and rationalise their TA processing systems. Since the launch in 2012, the MFGI
Cowen Prime Services (formerly Concept Capital Markets) has won the Hedgeweek USA Award 2015 for “Best North American Prime Broker.” This is the second time the firm received this distinction this year, having also won it at the Hedgeweek Global
While CFTC Commissioners and staff have in the past asserted that the CFTC has jurisdiction over bitcoin derivatives in speeches and testimony, for the first time the Commission has issued a definitive finding that bitcoin derivative exchanges must register as
The CFTC has settled charges against Bitcoin options platform operator Coinflip and its chief executive officer Francisco Riordan for conducting commodity options transactions without complying with the Commodity Exchange Act and CFTC Regulations. Specifically, the charges relate to operating a
The UK’s only independent depositary firm, INDOS Financial, has reached USD5 billion in assets under depositary in its first 15 months of existence. Bill Prew, pictured, chief executive officer of INDOS Financial says that business is coming, not just from
Beeks Financial Cloud – which helps institutions trade foreign exchange securely and quickly through the cloud – has bought Chicago-based futures specialist VDIware for an undisclosed seven-figure sum. The acquisition was self-funded by Beeks Financial Cloud, without borrowing. The
GMEX Group has partnered with the Central Asian Stock Exchange (CASE) based in the Republic of Tajikistan through its GMEX Technologies (GMEX Tech) subsidiary. Tajikistan is currently undergoing a significant period of change with a range of projects being supported
TraderServe has been added to Colt PrizmNet, a financial services extranet connecting providers of financial content to Capital Markets firms. TraderServe will provide access to Algoguard – a validation engine for MiFID II compliance – via PrizmNet from next month.
Arthur J Gallagher has enhanced its liability and crime insurance solution for investment managers IMI Pro to provide its broadest cover yet. The Gallagher-designed policy, backed by ‘A+’ rated capacity, responds to the needs of managers and funds by covering
LME Clear, the clearing house for the London Metal Exchange (LME) market, has received approval from the Bank of England to accept LME metals warrants as collateral, making it the first clearing house ever to be able to offer this
