MF Global, the world’s largest broker of exchange-traded derivatives, has announced that its Indian subsidiary has become the country’s first broker to secure permission from both the Bomb
Sadrian Bowman, a discretionary commodities hedge fund investing across energy, metals and agriculture markets, has selected TFG Complete for real time risk, portfolio and cash management services. Sadrian Bowman is founded by Luke Sadrian, Andrew Bowman and Stuart Atkinson who
Nine of the 11 Newedge Hedge Fund Indices saw gains in October, including the Newedge CTA, Trend, and Short-Term indices. Trend-following strategies, as represented by the Newedge Trend Index, faired particularly well, finishing the month up 2.55 per cent.
The Arbitrage Event-Driven Fund, which is advised by Water Island Capital, has been rated 5-Stars Overall out of 94 market neutral funds by Morningstar based on risk-adjusted returns performance. Morningstar’s Overall rating takes into account a fund’s risk, volatility and
The International Swaps and Derivatives Association (ISDA) and Markit have launched the ISDA Canadian Representation Letter on ISDA Amend, a joint electronic solution that streamlines aspects of compliance with Dodd-Frank, EMIR and other over-the-counter derivatives regulatory requirements. On 14 November
Northern Trust has enhanced its collateral management system to include forward settling mortgage-backed securities (MBS) in response to new margin recommendations affecting asset managers that use the securities in a variety of fixed income trading strategies. Offered as a component
Cayman Islands law firm Truman Bodden has announced a merger with Higgs & Johnson of the Bahamas as of the beginning of next year.
ConvergEx Group has made enhancements to its Closing Price, POV and Abraxas trading algorithms that will seek to optimise client participation in the Nasdaq, NYSE and NYSE Arca opening and closing auctions. Using historical data and real-time auction imbalance information,
NYSE Euronext (NYX) has launched the CAC International 25 Index to increase the visibility of global firms listed in Paris. The CAC International 25 Index reflects the performance of the 25 largest international companies[1] listed on NYSE Euronext in Paris
International derivatives exchange Eurex has announced plans to expand its range of European equity options as of July 23 with the addition of options on one Dutch and three French underly
