Singapore Exchange is consulting the public on its proposal to extend its central counterparty clearing services for over-the-counter traded financial derivative contracts to participation from non-bank financial institutions. On 21 April 2010, SGX made a proposal to allow bank clearing
GFI Group has launched EnergyMatch, an electronic trading platform for over-the-counter energy derivatives.
JP Morgan’s active tri-party repo clients have successfully completed the transition to three-way trade confirmation as mandated by the Tri-Party Repo Market Infrastructure Reform Task Force. By value, 99% of all tri-party repos booked daily through JP Morgan are now
SS&C Eze has added its Locate feature – a fully-integrated tool that automates the locate process for short orders – to Eze Eclipse. Locate ensures that Eze Eclipse users are able to see indicative rates across their connected counterparties, automating
Sterling Trading Tech (STT), a specialist in trading technology solutions, and Voyager Digital (Voyager), a licensed crypto-asset broker that provides investors with a turnkey solution to trade crypto-assets, have formed a strategic partnership to offer digital asset trading capabilities to institutional and
The average price for assets on the secondary hedge fund market rose to 78 per cent after shaking off some of the fallout from May’s European debt crisis, according to Hedgebay’s June index. Investors’ confidence was shaken by the damage
NYSE Euronext is creating the first pan-European multilateral trading facility for corporate bonds, making it the first market operator to respond to the specifications issued by the Cassiopeia Committee on 26 April 2010. The new platform will be open to
Citi has introduced a new operating model for hedge funds, designed to help managers launch, manage and build successful hedge funds without excessive investment in non-core functions. Citi Prime Finance’s Hedge Fund 3.0 details an outsourcing and partnership framework to
BlackRock is to acquire 100 per cent of the equity interests in eFront, an end-to-end alternative investment management software and solutions provider, from private equity firm Bridgepoint and eFront employees, for USD1.3 billion in cash. The combination of eFront with
BGC Partners, a brokerage company servicing the wholesale financial and real estate markets, has launched a European power desk. Based in London, BGC's European power desk will focus on brokering power products in the French, German and Polish markets.
