Hedgebay Trading has launched a monthly index that aims to give the hedge fund industry detailed insight into the average discount or premium to NAV that investors are paying for assets that have no contractual redemption rights to investors. The
Fortis Bank Global Clearing and Tick-TS have entered into an agreement whereby trading companies can use the Tick-TS trading front-end in combination with Fortis Clearing services either with their own membership or with a shared membership of Fortis Clearing. The
Convergex Group, a provider of investment technologies and execution solutions, has launched a tactical trading algorithm designed for orders requiring careful execution. Using a proprietary multi-dimensional sensitivity profile, Abraxas aims to exploit hidden liquidity, favourable price movements and volatility changes,
MF Global Holdings Ltd, a broker-dealer providing trading and hedging solutions, has announced the pricing of its public offering of USD325 million aggregate principal amount of 6.250% senior unsecured notes due 2016. MF Global intends to use at least USD100
Order book turnover on Xetra, the Frankfurt Stock Exchange and Tradegate stood at EUR96.1 billion in May 2014, down from EUR109.2 billion in May 2013. Of the EUR96.1 billion, EUR88.4 billion were attributable to Xetra (May 2013: EUR99.5 billion).
Asian exchanges will see high trading volumes of 20 to 30 per cent growth per annum, driven mainly by economic fundamentals but also by greater order flow from foreign traders and overseas quantitative funds, according to a report by Celent.
Dow Jones Indexes has launched the Dow Jones Islamic Market RBP US 50 Index, a unique gauge designed to measure the largest 50 US stocks ranked by RBP probabilities supplied by Transparent Value, LLC that have first passed the screens
DB Climate Change Advisors, the climate change investment and research business of Deutsche Bank’s asset management business, and Nasdaq OMX Group have introduced the DB Nasdaq OMX Clean Tech Index. The index gives a real-time representation of the global clean
The Commodity Futures Trading Commission has issued an order granting a request from ICE Clear Europe regarding portfolio margining of futures and foreign futures contracts. The order, which is pursuant to Section 4d(a) and (b) of the Commodity Exchange Act,
First Derivatives, a provider of software and consulting services to the capital markets industry, has launched an integrated trade execution, risk management and surveillance solution for FX markets. The solution enables brokers to provide value-added services to their clients by
