Since the Approved Manager Regulations were implemented in the BVI in 2012, smaller managers seeking a more simplified approval process and lighter touch regulatory framework compared to the Securities and Investment Business Act (SIBA) have really benefited. Under the approved
MarkitSERV, an electronic trade processing service for OTC derivatives, has agreed heads of terms with four FX interdealer brokers (IDBs) to provide voice trade affirmation, regulatory reporting and clearing services for FX transactions. With a single connection into the MarkitSERV
Chicago Board Options Exchange will launch trading in a new type of S&P 500 Index options contract, known as CBOE S&P 500 Range options (SRO), beginning on 28 August. CBOE Range options were designed to provide individual investors with a
Bank of Bermuda’s Global Fund Services (GFS) division is expanding its global network of offices with a new office in San Francisco.
SS&C Technologies, a provider of financial services software and software-enabled services, has released Total Return 2012, an update to its portfolio and partnership accounting and reporting platform for hedge funds, funds of funds and family offices. The enhancements will offer
Charles River has expanded its Investment Book of Record (IBOR) offering by integrating Interactive Data’s Corporate Actions Service as an integral part of the Charles River Investment Management Solution (IMS). Charles River clients now have intraday access to Interactive Data’s
The economics of fixed income dealing operations is evolving due to market structure changes, emerging regulations, and disruptive technologies already in the market and on the horizon. As new regulations continue to put pressure on revenue models, firms are investing
NYSE Euronext (NYX), has achieved several key milestones in trading on European Cash markets, establishing the exchange as the leading marketplace for trading. Independent figures show that its presence time at the European Best Bid and Offer (EBBO), thereby ensuring
Eurex Repo, a subsidiary of the derivatives exchange Eurex, introduced a new user interface this week for trading in euro and Swiss franc repos.
