The Commodity Futures Trading Commission’s (CFTC’s) Office of General Counsel has issued a no-action letter on 31 August, 2011, permitting the offer and sale in the United States of Euronext Brussels’ (EB) futures contract based on the BEL 20 Index
Toby Nangle, Director, Multi-Asset and Fixed Income Team at Baring Asset Management, unravels the funding implications of the UK’s latest Budget. The UK government funding requirement for 2009/10 was forecast in today’s Budget to be GBP167 billion, a substantial rise
Linedata has released a new version of its transfer agency software Linedata Mshare, which is designed to address client concerns over both regulatory compliance and how to attract new business. This release includes FATCA withholding tax capabilities, Anti-Money Laundering (AML)
An EDHEC-Risk Institute study from the Lyxor research chair on “Risk Allocation Solutions” develops a conditional approach to risk parity, which contrasts with standard unconditional risk parity portfolios. According to the paper, “Towards Conditional Risk Parity – Improving Risk Budgeting
Broadcort, a clearing division of Bank of America Merrill Lynch, has expanded its clearing and execution business for institutional broker-dealers by attracting more than a dozen new clients in the second half of 2009, and six additional new clients already
Barchart has launches several application programming interfaces (APIs) through its Barchart OnDemand service, designed to serve the commodity futures industry including agricultural, energy, metals and softs markets. Barchart OnDemand is a cloud-based service developed for accessing and delivering market data
SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, J.P. Morgan and BNP Paribas, is launching a service designed to help traders and other market users access, interpret and navigate the post trade data published
Customers of Markit’s Portfolio Valuations service can now elect to have their portfolios updated automatically using a realtime trade feed from MarkitSERV. For permissioned customers, the new connection captures their over-the-counter (OTC) derivative trades processed through MarkitSERV, the electronic trade
Sauer Capital’s Alternative Investment Services, has introduced enhanced accounting and reporting functionality for side pocket accounts and special purpose vehicles (SPVs). The new service offers hedge fund managers greater flexibility in structuring their funds and managing illiquid or long-term assets.
The implementation of the Tokyo Stock Exchange’s Arrowhead trading system has resulted in a reduction in the costs of trading Japanese equities, according to analysis by ITG. According to the research, January 2010 saw a 36 per cent drop in
