The US Commodity Futures Trading Commission (CFTC) has approved the applications of tpSEF and Tradition SEF for temporary registration as swap execution facilities (SEFs). tpSEF and Tradition SEF’s applications for temporary registration as SEFs were approved by the Commission
The Commodity Futures Trading Commission (CFTC) has granted temporary registration of Tullett Prebon’s swap execution facility (SEF), tpSEF Inc. tpSEF is headquartered in New Jersey and is a wholly owned subsidiary of Tullett Prebon. It has been established to
Veritas Asset Management has implemented the latest version of Advent Portfolio Exchange (APX). An Advent client since 2006, Veritas has seen its assets grow from GBP1bn (USD1.5bn) to GBP9.4bn (USD14.8bn) in the time since it first implemented APX.
Spectrum Global Fund Administration, one of the pioneers in carrying out elements of hedge fund administration in low-cost jurisdictions such as India, has decided to reverse tack, closing
Hedgebay Trading has launched an electronic settlement service for the hedge fund secondary market. The new electronic functionality will be available on Hedgebay’s website and will assist in the settlement process. The service is expected to initially reduce
The international derivatives exchange Eurex has reported that trading volumes last month totalled 156 million contracts, down from 174 million in the same month of 2006, but total trading
Dominic Jones and Javed Rahman have established Skye Fund Services in Hong Kong with the aim of bringing a fresh approach to outsourced administration services for the alternative investme
Pelagus Capital Fund has cleared OTC interest rate swaps (IRS) at LCH.Clearnet’s SwapClear using Newedge’s SwapClear clearing membership, which operates alongside its futures commissions merchant membership. Pelagus, a fixed income relative value fund, already cleared OTC trades on LCH
Models that aim to predict daily stock returns perform better when they combine text data and financial quantitative data, according to Capital Markets Cooperative Research Centre (CMCRC). A study by Zhendong (Tony) Zhao, Nataliya Sokolovska and Professor Mark Johnson
Hedge fund service provider PFPC, which is one of the largest administrators of alternative investments in Ireland, has announced the launch of custodian services in Luxembourg through PFP
