SunGard has launched Hedge360, an integrated, hosted service that supports the complete investment lifecycle for hedge funds and alternative asset management firms, from portfolio management to risk management, portfolio accounting and reporting with dedicated coverage of convertible arbitrage strategies and
BNP Paribas Securities Services has launched a reporting tool enabling intraday liquidity monitoring for investment banks, allowing them to optimise the use of their liquidity as well as prepare for continuing regulatory changes across the globe. The service allows BNP
Virogen Inc, a holding company specialising in data security and encryption technology, is in discussions with a European hedge fund to secure long term financing for the commercialisation of its products and services worldwide. Negotiations are ongoing in the development
The international derivatives exchange Eurex is to launch 11 new equity options on leading German companies on 21 February 2011. The options will be on Allianz, BASF, Bayer, Commerzbank, Daimler, Deutsche Bank, Deutsche Telekom, EON, RWE, SAP and Siemens, and
International derivatives exchange Eurex will be launching new dividend futures on 24 February based on the dividends of thirteen UK equities: Anglo American, AstraZeneca, Barclays, BHP Billiton, BP, BT Group, Diageo, GlaxoSmithkline, HSBC Holdings, Rio Tinto, Royal Dutch Shell, Tesco
Average daily volume (ADV) in futures on the CBOE Volatility Index (VIX Index) and total exchange-wide ADV at CFE reached record levels in February 2014. Also during the month, the exchange launched trading of futures on the CBOE Short-Term Volatility
Penson Financial Services (Penson), the London-based clearing unit of Penson Worldwide, is the latest member of SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, JPMorgan and BNP Paribas. Penson will offer trading firms executing
Order book turnover on Xetra, the Frankfurt Stock Exchange and Tradegate stood at EUR102.6bn in February 2014, up from EUR93bn in February 2013. Of the EUR102.6bn, EUR93.4bn were attributable to Xetra (February 2013: EUR85.2bn) and EUR4.7bn were attributable to the
NYSE Euronext (NYX) has reported net income of USD135 million, or USD0.51 per diluted share for the fourth quarter of 2010, compared to net income of USD172 million, or USD0.66 per diluted share for the fourth quarter of 2009. Results
Apex Fund Services has launched its three hour hedge fund net asset valuation (NAV) reporting service called Tzero, giving fund managers a high speed portfolio valuation service. The Tzero service will leverage Apex’s real-time portfolio management product Apex Vision giving
