IntercontinentalExchange (ICE), the energy futures trading exchange, launched its IPO last week and listed on the NYSE. Of the total offering, ICE, formerly known a
BGC Partners, an intermediary to the wholesale financial markets, has executed its first fully electronic dollar interest rate option trade. The transaction was carried out using the Volume Match tool on BGC’s proprietary, hybrid execution platform, BGC Trader. The BGC
Dublin has a well-earned reputation as a financial services centre, and particularly as a centre for the administration of both traditional mutual funds and hedge funds.
The London Metal Exchange will delist its plastics contracts and the last prompt date for all existing contracts will be 29 April 2011. The formal decision to delist was taken by the board of the London Metal Exchange following a
Charles River, a front- and middle-office investment management solutions provider, has introduced a direct interface between the Charles River Investment Management Solution Version 9.1.4.5.3 (Charles River IMS) and MarkitSERV MTM which helps clients comply with mandatory clearing requirements for newly
Omgeo and EuroCCP’s new pan-European equities matching and central counterparty clearing service for hedge fund transactions has executed a live trade with prime broker and executing broker Credit Suisse and hedge fund manager Citadel. Credit Suisse and Citadel intend to
The Cayman Islands Stock Exchange (CSX) has migrated its electronic securities trading to Deutsche Börse’s Xetra trading system. Xetra trading participants can now use Deutsche Börse’s infrastructure to easily access a non-European financial market. It also gives six
CYMBA Technologies Limited, a leading supplier of business software solutions for the Asset Management, Multi Manager and Hedge Fund communities, today announced it has lifted out its Pre and Post Trade Compliance Engine into a functionally richer stand-alone product. CYMBA
Quantifi Inc it has integrated Markit Group Limited’s credit default swap pricing into its credit models. Customers can now automatically calibrate Quantifi’s adva
Dreman Value Management has opened the High Opportunity Hedge Fund, an offshore fund that will be managed by Dreman alongside its onshore fund. The onshore fund was
