Forward Features Calendar

Weekly Asia News (Friday)

Deputy Peter Harwood, Chief Minister of Guernsey

Shanghai’s Vice Mayor praises Guernsey’s quality and stability

The Vice Mayor of Shanghai has recognised the quality and stability of Guernsey’s financial services industry. Tu Guangshao voiced his support for Guernsey as a well-regulated, compliant and cooperative international finance centre recognising the island’s “great achievements in financial regulation

Shaun Lynn, president of BGC

China Credit BGC granted business license in Beijing

BGC Partners and China Credit Trust’s money broking joint venture, China Credit BGC Money Broking, is the first Sino-foreign joint venture inter-dealer broking company to have been granted a business license by the China Banking Regulatory Commission to operate in

Iridium selects LaCrosse to provide fund administration services

Iridium Asset Management has selected LaCrosse Global Fund Services to provide fund administration and operational support for its Iridium Alpha Fund, an Asian equity long/short strategy that invests in commodity-related sectors. The Iridium Alpha Fund was launched in April 2010

Singapore

SGX derivatives, commodities, clearing volumes up

Singapore Exchange says derivatives, commodities and clearing activities grew in June from a year earlier while securities turnover was lower.   In June, securities turnover fell 25 per cent year-on-year and 18 per cent month-on-month to SGD21.2bn; securities daily average value

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