European politicians may want greater transparency but by pushing all equity market order flow onto traditional primary “lit” exchanges, they may well risk harming the pension funds and retail investors they want to protect due to poor trade execution.
Eurex, the international derivatives exchange, saw a turnover of approximately 172 million contracts in November, an increase of 32 per cent compared with November 2006 (130 million contra
Lehman Brothers is to establish a floor-based market-making firm on the trading floor of the New York Stock Exchange by acquiring certain assets related to the operations of Van der Moolen
CACEIS, a leading player in institutional securities services, has completed its acquisi
Citco Fund Services, which has more than 30 years’ experience in servicing alternative investments, has announced that its assets under administration exceeded USD500bn at the end of April
SEQA Capital Advisors, a New York-based investment management firm, has announced the appointment of Wolf Kohn as head of research for high-speed trading.
Baronsmead Partners, a specialist insurance broker to the fund industry, has opened an Irish division of its business in Dublin.
Eurex Clearing has welcomed DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt/Main, as a new member of EurexOTC Clear for Interest Rate Swaps (IRS). The number of clearing members on EurexOTC Clear increases to 15. In addition to serving major group
BNY ConvergEx Group, a provider of global agency brokerage and investment technology solutions, has launched Apex (Analytical Portfolio Execution), a new portfolio algorithmic optimiser de
Convergence, a provider of data, tools and models to asset managers, investors and service providers, has launched a new website – www.convergencellc.us. Convergence was formed to work with alternative and traditional asset managers to achieve optimal performance across their
