The proposed European Union financial transaction tax (FTT) could lead to a significant decrease in cross-border trading of financial instruments in the EU, undermining the single market, according to the Alternative Investment Management Association (AIMA), the global hedge fund association.
Credit Suisse UK (CSUK) has appointed Eleonore Dachicourt as Head of the Hedge Fund Advisory Group for private clients advised out of London. Dachicourt, who will report to Craig Lewis, Di
TORA, a provider of a cloud-based order and execution management system (OEMS), has expanded its support for MiFID II transaction and trade reporting by integrating its trading system with NEX Regulatory Reporting. In a bid to improve transparency, MiFID II
NYMEX is requesting permission from the CFTC to allow it to carry funds from futures contracts traded on NYMEX Europe in segregated accounts. London-based NYMEX Europe Limit
BNP Paribas Asset Management’s (BNP PAM) Structured Investment division has chosen Sophis VALUE to help standardise its operations. BNP PAM Structured Investment will use VA
QuantHouse, an independent global provider of end-to-end systematic trading solutions including market data services, an algo trading platform and infrastructure solutions, has added Enyx to the qh API ecosystem. The addition of Enyx, a provider of low-latency, FPGA-based market data
An investor group including the Smeets Family Trust has acquired a controlling interest in Citco from the Sandoz Family Foundation. The terms of the transaction have not been disclosed, bu
VTFinTech, a provider of portfolio management and research evaluation services, has joined the OpenFin platform to deploy and deliver its Parity One software at scale to financial institutions. The Parity One platform that is used by investment firms to build
Cobalt and molybdenum have made an encouraging start to trading on the London Metal Exchange with volumes, liquidity and open interest building well since the launch on 22 February this year. To date, 4,047 lots of cobalt have traded (equivalent
