Societe Generale Securities Services (SGSS) has extended its clearing licence with SIX x-clear the clearing entity of SIX Securities Services, becoming, in the process, a General Clearing Member on UBS MTF, the multilateral trading facility. SGSS continues to expand
Object Trading has received certification of conformance to the IntercontinentalExchange (ICE) for UK derivative products and is ready to support clients through the trading access migration from NYSE Liffe to the ICE trading platform. Clients will be able to continue
Convergence, an information and advisory services provider to alternative asset managers, service providers and investors, has launched a new product suite and website. Convergence captures, normalises and enriches 100 per cent of all registered investment advisors’ Form ADV, Brochure and
The Chicago Board Options Exchange (CBOE) and C2 Options Exchange plan to list options on Alibaba Group on 29 September. The plan is contingent on Alibaba meeting new options listing criteria. Alibaba, founded in 1999, is the largest online
The value of assets under custody held by Clearstream on behalf of customers registered an increase of six per cent to EUR12.0trn in January 2014 from EUR11.3trn in January 2013. Securities held under custody in Clearstream’s international business as international
Indus Valley Partners (IVP) has extended its Managed Services offering to include regulatory filings for hedge funds, private equity funds and other alternative asset managers. IVP RAPTOR is a regulatory technology solution supporting over USD375bn in regulatory assets under management.
Two Bermuda-based fund administrators, Fulcrum Group and Butterfield Fund Services, have announced plans to merge their businesses under the majority ownership of private equity group 3i.<
Deutsche Börse is introducing a new pricing model for Xetra trading from 2 November which will phase out the automated trading programme discount model.
Advent Software, a software provider for the global investment management industry, has announced that Pictet & Cie has implemented its wealth management platform for portfolio and
The European Securities and Markets Authority (ESMA) has launched a first round of consultations to prepare for central clearing of OTC derivatives within the European Union. The two consultation papers seek stakeholders’ views on draft regulatory technical standards (RTS) for
