Latest News
CBOE Holdings is planning to launch options on the MSCI Emerging Markets and MSCI EAFE Indexes on Tuesday, 21 April. The ticker symbols will be MXEF and MXEA respectively.
Under an agreement with MSCI, announced in December 2014, options on the MSCI Indexes will be listed for trading in the US solely on the Chicago Board Options Exchange (CBOE). IMC Financial Markets will serve as the Electronic Designated Primary Market-Maker (E-DPM) for the new MSCI options contracts.
“Last year, nearly 100 million options traded industrywide on the popular EFA and EEM ETFs. CBOE’s ability to now also offer
- 15/04/2015
- 15/04/2015
The US Commodity Futures Trading Commission (CFTC) and the Australian Prudential Regulation Authority (APRA) have signed a Memorandum of Understanding (MOU) on the supervision of cross-border regulated firms.
The agreement, which was signed by CFTC chairman Tim Massad and his APRA counterpart Wayne Byres, will see the two organisations cooperate and exchange of information in the supervision and oversight of regulated firms that operate on a cross-border basis in the United States and in Australia.
Through the MOU, the CFTC and APRA are demonstrating willingness to cooperate in the interest of fulfilling their respective regulatory mandates. The scope of
- 15/04/2015
State Street Corporation has appointed Alex Lawton to senior managing director and head of securities finance for State Street Global Markets in Europe, Middle-East & Africa (EMEA).
He will be responsible for developing the securities finance business across the region whilst helping State Street’s clients to navigate the evolving regulatory framework. Lawton will report to Rajen Shah, head of State Street Global Markets for EMEA and Lou Maiuri, global head of securities finance.
Lawton has nearly 20 years financial services experience. Prior to joining State Street, he was at Barclays where he was the head of equity finance and equity
- 14/04/2015
Bondcube, the fixed Income trading platform, is now live in Europe and the US, offering full match, negotiation and trading functionality for all to all bond trading.
Bondcube takes indications of interest (IOIs) from both buy-side and sell-side participants. Buy-side to buy-side match anonymously and cross through an intermediary. Buy-side to sell-side trade on a fully disclosed identity basis. All participants can bulk upload their indications of interest, where they indicate a security, direction and minimum and maximum trading size, without the need for a specific price or spread. These IOIs remain anonymous and invisible on the platform, either on
- 14/04/2015
Trustee Executors Limited (TEL), a New Zealand-based provider of third party administration for financial services, has selected SS&C's reporting solution, Pages.
SS&C will support reporting on TEL's 585,000 individual client accounts with more than $94 billion in assets.
TEL, a specialist in Trustee, Custodial, Investment Accounting, Unit Pricing and Registry services, will deploy Pages, SS&C's enterprise reporting and portal technology, to automate the production of communications, including quarterly investment reports, statements, and self-service reporting access for fund managers and super funds. Reporting cycles will require less manual intervention to complete, resulting in operational efficiencies and immediate access to data by
- 14/04/2015
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for March 2015 measured 1.30%, while hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.14% in April.
“The negative CMI for April reflects the typical seasonal pattern,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “There was a slight decline compared to last April’s results (-1.14% vs -.50% a year ago) which occurred despite lower outflows this year, as a drop in new contributions outweighed this. So far in 2015, the overall trend suggests stability in allocations to hedge funds.”
- 14/04/2015
A new white paper from Neonet Securities and LiquidMetrix analyses the likely impacts and opportunities surrounding the introduction of intraday auctions and the proposed MiFID II restrictions on dark pools.
The London Stock Exchange’s (LSE) planned introduction of midday auction in late 2015 is analysed as an example of an alternative to dark pools with comments from Brian Schwieger, Head of Equities at the LSE.
According to the paper, intraday auctions fulfil similar client needs of minimising market impact and maintaining confidentiality as dark pools and are therefore a credible alternative.
Successful intraday auctions also attract a large share of
- 14/04/2015
Professor Noël Amenc has resigned fro his role as Director of EDHEC-Risk Institute.
Amenc founded EDHEC-Risk Institute in 2001 and enabled the institute, which is part of EDHEC Business School, to become one of the leading centres for applied research for the investment industry worldwide, with a presence not only in Nice, France, but also in London and Singapore, and research and executive education partnerships with CFA Institute, Yale School of Management and Princeton University.
Amenc’s resignation is effective as of 1 August, 2015. At that date, Professor Lionel Martellini, who has been fulfilling the role of Scientific Director at EDHEC-Risk
- 14/04/2015
The Lyxor Hedge Fund Index was up +0.7% in March. Six out of 12 Lyxor Indices ended the month in positive territory, led by the Lyxor CTA Long Term Index (+3.8%), the Lyxor LS Equity Long Bias Index (+2.4%), and the Lyxor LS Equity Variable Bias Index (+1.1%).
ECB’s purchases started beginning of March, and will crowd investors out of the sovereign market. Signs of distortions already emerged in yield curves. Meanwhile flows toward Eurozone continued to boost risky assets, which were little harmed by the Greek saga. US markets continued to lag with further signs of a cyclical downturn.
- 14/04/2015
- 14/04/2015
Credibility Capital, a marketplace lender focused on prime credit small business borrowers, has launched its online lending platform at www.CredibilityCapital.com.
New York-based company seeks to close a critical gap in small business lending, providing affordable financing solutions to businesses many of which are too small for traditional banks and are frequently pushed to more expensive financing solutions that are not commensurate with their credit profiles.
“We are filling a void in the small business financing landscape that took shape in 2008 with the pullback of bank lending,” says Brett Baris, President of Credibility Capital. “Because of our partnership model, we
- 14/04/2015
Special Reports
FeatureD
- Intel
- May 2, 2024
- Intel
- May 1, 2024
- Intel
- April 30, 2024
- Intel
- April 29, 2024
- Intel
- April 26, 2024
- Intel
- April 25, 2024
- Intel
- April 24, 2024
