NYSE Euronext (NYSE: NYX) has acknowledged the withdrawal of the proposal from Nasdaq OMX Group, Inc (Nasdaq: NDAQ) and IntercontinentalExchange Inc (NYSE: ICE) to acquire all outstanding shares of NYSE Euronext. “As we have consistently maintained, the combination with Deutsche
The SEC has adopted two sets of rules requiring security-based swap data repositories (SDRs) to register with the SEC and prescribe reporting and public dissemination requirements for security-based swap transaction data. The SEC also proposed certain additional rules, rule
The Currency Exchange (TCX) has selected Quantifi for pricing and risk management of counterparty credit risk in emerging market currency and interest rate derivatives. TCX acts as a market-maker in currencies and maturities not covered by commercial banks or other
UBS Securities (UBS) has extended its broad usage of Orc’s Electronic Execution solution to facilitate DMA on the Australian Stock Exchange (ASX) and the Chicago Mercantile Exchange (CME). Using the extended solution, UBS leverages Orc’s low-latency market access and a
State Street Corporation, a provider of financial services to institutional investors, has added custody, cash management and foreign exchange services to its suite of front-, middle- and back-office administration services for hedge funds. The expanded service offerings are in response
Aequitas Capital Partners has partnered with Circle Squared Alternative Investments to provide training and education to Registered Investment Advisers via the ACP Alts Academy. The academy will will provide the advisor community with educational seminars focusing on alternative investments, strategies,
Electronic market maker Virtu Financial (Virtu) is to join as a participant of GMEX Exchange to offer liquidity in GMEX’s pioneering Interest Rate Swap Constant Maturity Future (CMF) contracts. Orders will be matched on the GMEX exchange platform, with trade
Renaissance Capital has selected Imagine Software’s award-winning hosted ASP service for real-time portfolio and risk management. Renaissance Capital is a Moscow-based firm managing cash equities, listed options, OTC options, futures, structured finance, and index products with a specific focus on
FTSE TMX Global Debt Capital Markets has acquired the indices business of MTS, whose indices track the performance of the largest and most widely traded government issued securities in European bonds. MTS is an electronic fixed income trading markets and
Tom Carey & David Crosland of Carey Olsen, explore the introduction of the Limited Liability Partnerships (Guernsey) Law 2013… In response to the increasing demand for limited liability partnership (LLPs) structures in Guernsey the Limited Liability Partnerships (Guernsey) Law, 2013
