A new book by Stéphane Crépey, Tomasz R. Bielecki and Damiano Brigo offers a fresh take on mitigation of counterparty risk, a key problem of the 2008 global credit crisis and current European sovereign debt crisis. Counterparty Risk and Funding:
Pershing has made enhancements to its PrimeConnect application, including adding a link to Pershing's Fully Paid Securities Lending programme. The new connection to Pershing's Fully Paid Securities Lending programme allows hedge funds, through a fully automated solution, to transfer fully
Matt Roux is join UBS Investment Bank’s prime brokerage group in September from Deutsche Bank as an executive director and co-head of US securities lending alongside Mike Kelleher, who has
Omgeo’s Central Trade Manager (Omgeo CTM) community has increased by 33 per cent in 2013, with the addition of over 150 broker/dealers and 280 investment managers. More than 1,700 clients globally are now using Omgeo CTM, a central matching platform
The London Metal Exchange has begun publishing live forward prices for all metals traded in the last Ring session of the day (the afternoon “Kerb”), a refinement that will add further transparency to the procedures used to establish the Closing
The Depository Trust & Clearing Corporation’s (DTCC) CICI Utility, the interim global legal entity identifier (LEI) solution developed in collaboration with SWIFT, has been endorsed by the Regulatory Oversight Committee (ROC) as a pre-Local Operating Unit (LOU). This action
Tora Trading Services, an electronic trading platform and liquidity provider for Asia, has opened a sales and support office in Singapore headed by vice-president Laura Hanson, formerly wi
The international derivatives markets of Eurex Group recorded an average daily volume of 7.9 million contracts in February 2014, down from 8.7 million contracts in February 2013. Of those, 5.4 million were Eurex Exchange contracts (Feb 2013: 6.3 million), and
GlobeOp Financial Services, an independent provider of administration, financial technology services and analytics to hedge funds and other asset m
UK currency manager C-View Limited has launched the C-View Stelrox Systematic Currency Program in conjunction with Stelrox Capital Management. Alongside the launch, C-View has appointed Buford Scott, managing partner of Stelrox Capital Management, as the chief investment officer and portfolio
