Latest News
The markets in the Asia Pacific region exhibit high rates of economic growth and cover almost half of the global population, which makes it an attractive market for electronic trading.
In a report, Electronic Trading in Asia-Pacific: A Market by Market Update on the Dynamic Region, Celent compares the present levels of electronic trading and the possibility of having high frequency trading in equity markets in Australia, China, Hong Kong, India, Japan, Korea, Malaysia, Singapore, and Taiwan.
While the overall Asian market is quite diverse, there has been a move towards greater efficiency.
The result is that they are creating
Politicians, officials and business leaders from Guernsey will be following in the footsteps of Commonwealth Games competitors when they visit India next week to enhance financial services links between the two jurisdictions.
Carla McNulty Bauer, minister for the commerce and employment department within the Guernsey Government, will lead a delegation to Delhi and then Mumbai between 18 October and 23 October.
The visit will include governmental engagements, meetings with regulators, industry associations and leading business introducers, as well as a series of networking opportunities through specific Guernsey events.
Guernsey established a representative office in China at the end of 2007
The Technical Committee of the International Organization of Securities Commissions has formed a Task Force on OTC Derivatives Regulation.
It aims to coordinate securities and futures regulators’ efforts to work together in the development of supervisory and oversight structures related to over-the-counter derivatives markets.
Hans Hoogervorst, chairman of the Technical Committee, says: “Iosco has identified the need for enhanced international coordination between securities regulators in order to support the global reform efforts currently underway regarding OTC derivatives regulation.
“Many jurisdictions are currently adopting legislation that provides securities and futures regulators with an important role in the regulation of the OTC
GLG Partners LP, Man Group’s newly acquired investment manager, has announced this week that it is launching a UCIT
London-based independent fund manager, Absolute Return Partners, is due to make its debut in the UCITS space with the launch of its ARP Global Equity Alpha Fund in the next four or fi
Swiss banking group SYZ & CO has this week announced the appointment of Xavier Guillon
New figures released by Ireland’s Central Bank show that its fund industry’s total assets under administration have reached a record level of EUR1.8 trillion; up from E
Poor harvests in the US this year are causing some industry commentators to predict a second food crisis and repeat of the one seen in 2007-8, with the US Department
The Cayman Islands are bucking all global trends, according to the increase in new fund formations.
The Cayman Islands are bucking all global trends, according to the increase in new fund formations.
Cayman Finance chairman Anthony Travers predicts that trading talent will continue to migrate out of the EU as more restrictive remuneration provisions come into effect.
CIMA reports that at the end of August 2010 the yearly month on month average for new registrations increased to 105 per month, a five per cent increase over the comparative figures for 2009.
More importantly, fund terminations for the same
Asset Control has promoted Andrew Wolf to the position of sales director, Americas.
Asset Control has promoted Andrew Wolf to the position of sales director, Americas.
Based in New York, Wolf will be responsible for overseeing the expansion of the North American sales team, including adding new sales executives in Canada and specific metropolitan areas in the US.
He will also pursue new markets for Asset Control’s AC Invest, a consumption-based data management platform designed to give business users improved control, reduced complexity and rapid implementation.
Wolf has 25 years of experience in the financial services industry, having spent
