Latest News
PLUS Markets Group has confirmed the details of the Swap Index Contract (SIC) which will be traded via PLUS Derivatives Exchange Ltd (PLUS-DX) and cleared through LCH.Clearnet Ltd (LCH.Clearnet). This is an important milestone towards the launch of PLUS-DX and the implementation of the strategy for the Company.
The SIC is an open-ended Index contract that provides exposure to full fixed-for-floating interest rate swaps via the FTSE Medium Term Interest Rate Swap (MTIRS) Index Series, which consists of 45 indices covering the USD curve from two to 30 years, including spreads and butterfly trades. Other major currencies are planned for
- 19/05/2011
- 19/05/2011
Sean Foley (pictured) has been appointed the Chief Financial Officer and Chief Administration Officer of Butterfield Fulcrum, a leading independent fund administrator, and FORS Limited, an independent provider of family office and wealth management reporting and administrative services.
Butterfield Fulcrum and FORS were recently brought together into one entity offering comprehensive outsourcing solutions across the alternative investment management, family office and trust industries. The two companies are run as separate businesses by their respective management. 

Prior to being appointed as CFO and CAO of Butterfield Fulcrum and FORS, Mr. Foley served as the Group Financial Controller for Butterfield Fulcrum. Foley,
- 19/05/2011
- 19/05/2011
- 19/05/2011
Zen Investment Management Co is cutting its position on commodities by 30 per cent with a likely view to commence buying China and US stocks reported Bloomber
- 19/05/2011
By Rosemary Wynne – One of the unique features of the Channel Islands Stock Exchange (CISX) is its Membership structure. In its short history, the CISX has more than doubled its membership – from twenty-four Founder Members at the launch of the CISX, to 57 Members twelve years on.The growing number of Members is very gratifying and demonstrates that the business model upon which the Exchange was based is as relevant today as it was at inception. Bulletin Board offers a special insight into the CISX business model.
Whilst there is no doubt that the CISX has fulfilled its
- 19/05/2011
- 19/05/2011
Long-short, emerging market, total-return specialist Finisterre Capital has appointed two new Portfolio Managers, Maxim Safonov and Rahul Sharma.
Safonov has joined the Finisterre Global Opportunity Fund, where he will be responsible for FX and local rates trading. He joins Finisterre from FrontPoint Global Macro Emerging Markets Fund, where he traded rates, credit, FX, equities and commodities. He began his career at ING Bank in Moscow, where he became Head of Financial Markets and Deputy Chairman of the Board. He then joined HSBC, first in Moscow and then in London, where he was Head of Local Markets Trading for Russia and
- 19/05/2011
BNY Mellon Alternative Investment Services (AIS) has topped USD400 billion in assets under administration, making it the second largest provider of solutions to hedge funds, funds of hedge funds, and private equity investments globally.
Since 2008, BNY Mellon AIS has doubled its alternative assets under administration, fuelled by increased market share and its acquisition of PNC’s Global Investment Servicing business last July. The company has seen growth both in the number and complexity of fund structures serviced, plus strong demand for its ‘prime custody’ offering as more hedge fund managers opt for an independent third-party provider to handle custody,
- 19/05/2011
- 19/05/2011
Managed futures gained 2.55% in April according to the Barclay CTA Index compiled by BarclayHedge. Year-to-date, the Barclay CTA Index is up 2.07%.
“Investor zeal for risk was demonstrated again in April as prices for equities, non-US currencies, and commodities moved higher,” says Sol Waksman (pictured), founder and president of BarclayHedge. “A weakening US dollar and demand from Asia were driving factors.”
All eight of Barclay’s CTA indices made gains in April. The Barclay Diversified Traders Index advanced 3.46%, Systematic Traders added 3.20%, Currency Traders gained 1.64%, and the Agricultural Traders Index was up 1.07%.
“Although the Reuters-CRB Index increased
- 19/05/2011
Special Reports
FeatureD
- Intel
- May 17, 2024
- Intel
- May 16, 2024
- Intel
- May 15, 2024
- EVENT — NEW YORK
- May 14, 2024
- Intel
- May 14, 2024
- Intel
- May 13, 2024
- Intel
- May 10, 2024
- Intel
- May 9, 2024