GlobeOp Financial Services is launching an independent, asset-weighted hedge fund performance index on 15 May, 2012. The latest in a series of monthly GlobeOp hedge fund indices, it is transparent, consistent in underlying funds and data processing, and free from
BATS Chi-X Europe, the pan-European recognised investment exchange, is in the process of on-boarding customers to BXTR, a suite of on- and off-exchange trade reporting services. With all functions fully operational, the BXTR pan-European trade reporting service has captured significant
Financial software provider Misys has launched Misys Connect, a suite of programmes giving customers direct access and links to the cross-functional teams and expertise they need. Each category contains three value-added programmes which help clients derive the most benefit from
Scotia Capital may be a relative newcomer to the global prime brokerage market, and although the global corporate and investment banking and capital markets arm of the Scotiabank Group pro
Nirvana Solutions, provider of a real-time portfolio management system for multi-prime hedge funds, prime brokers and fund administrators, has been selected by Saratoga Prime Services t
The London Metal Exchange (LME) saw encouraging volumes in LMEswaps trading since launching the contracts on 23 January 2012. A total of 2,400 lots traded, of which 2,368 were in aluminium, 30 in copper and two in nickel. LMEswaps
TriOptima has launched a UTI (Unique Trade ID) pairing functionality to assist firms preparing for the European trade repository reporting effective February 2014. The service accommodates paper-confirmed trades and foreign exchange (FX) trades without a common match ID. EMIR
NYSE Euronext and Bids Holdings have announced the launch of their joint venture, the New York Block Exchange, a platform designed to maximize access to liquidity and improve execution
European Multilateral Clearing Facility (EMCF), Europe’s largest cash equities Central Counterparty (CCP), is to engage in interoperability with competitors servicing European MTFs and exchanges. In addition, a competitive new fee schedule will be introduced ahead of Interoperability. EMCF has indicated
Prime brokers will generate more than USD11bn in revenues from hedge funds this year, a 15 per cent increase over 2006, according to the fourth annual benchmark industry research study fro
