CME Group, LOOP and NEO Market are teaming up to develop the first-ever physically delivered crude oil storage futures contract. The new LOOP Crude Oil Storage futures contract will begin trading on Sunday, 29 March, 2015, for trade date Monday,
NYSE Euronext (NYX) has reported net income of USD155 million, or USD0.59 per diluted share for the first quarter of 2011, compared to net income of USD130 million, or USD0.50 per diluted share for the first quarter of 2010. Results
Gravitas has improved its Cybersecurity Threat Management Service offering with upgrades to its Information Security Practices. Gravitas hired Omar McKenzie as Chief Information Security Officer to lead this initiative, a new position designed to ensure the protection and integrity of
Sybase, a provider of enterprise and mobile software, and Siag Risk Management, a provider of investment portfolio risk management solutions, have formed a partnership to provide financial institutions with real time, on demand and intra-day visibility of investment portfolio risk.
The Securities and Exchange Commission has voted unanimously to propose rules further defining the terms “swap,” “security-based swap,” and “security-based swap agreement.” The Commission also proposed rules regarding “mixed swaps” and books and records for “security-based swap agreements.” The rules
Quod Financial, a provider of adaptive trading execution technology, has pre-loaded its Adaptive Smart Order Router with a library of trading algorithms for better execution and lower market impact. Ali Pichvai, chief executive of Quod Financial, says: “The days of
Mitsubishi UFJ Fund Services (Mitsubishi UFJ) has expanded its middle office services in response to the competitive and regulatory pressures faced by clients. Mitsubishi UFJ’s middle office services enable fund managers to outsource their middle office operations, leveraging Mitsubishi UFJ’s
Maitland, the global advisory and fund services firm, has been voted Best European Hedge Fund Administrator at the Hedgeweek Awards for 2015, held in London last week. Maitland offers independent third-party fund administration globally across all fund types and investment
Prescient Fund Services, the fund administration business in the Prescient Group, has added global execution services to its offering. Craig Mockford, Head of Prescient Fund Services, says: “Our global execution services include a single buy-side point of contact with brokers
Opus Fund Services has been voted the Best North American Hedge Fund Administrator by readers of Hedgeweek, one of the hedge fund industry’s leading publications. Hedgeweek canvassed the views of readers, to assess the best hedge fund performers and service
