BTIG has hired Steven Stich within its Prime Brokerage division. Stich will be based in the firm’s Dallas, Texas office and report into Matthew Partain, Managing Director and Head of Prime Brokerage Sales. In his new role, Stich will lead
Securities and Exchange Commission chairman Christopher Cox and Federal Reserve System chairman Ben Bernanke have signed a memorandum of understanding between the two agencies that will de
Hedge funds declined by an average of 1.07 per cent in August, according to the Barclay Hedge Fund Index compiled by Fairfield, Iowa-based BarclayHedge, bringing the decline since the begi
International law firm Dorsey & Whitney has appointed Helena Nathanson and Paul Regan as partners in the firm’s Finance & Restructuring Group in London. Nathanson and Regan are experienced advisers to corporate trustee houses. Their expertise includes the full range of
Due to high demand, the Investment Management Due Diligence Association (IMDDA), an investor-based organisation dedicated to professionals who investigate facts concerning investment programs, has extended the global testing period for its first Chartered Due Diligence Analyst (CDDA) test to 31
McKay Brothers and Quincy Data say they have connected the largest US equity exchanges at the lowest latency. The new services link equity exchanges in Mahwah, Carteret and Secaucus the New Jersey Equity Triangle. McKay’s network is currently offering two-way
Transaction Network Services (TNS) has acquired Chicago-based market data, connectivity and hosting specialist R2G Services. With this acquisition, TNS is now a unique full-service managed infrastructure provider that can meet the demanding needs of financial market participants through a single
The net asset value of funds under administration in Jersey has set a new record of GBP221bn at the end of September, for the first time overtaking the level of deposits held by the island
If ever there was a lesson to be learned from the spate of catastrophes precipitated by the credit crunch, it should be that mistakes made in the past should be remedied to prevent future
Dash Financial Technologies, a capital markets technology and execution provider, has appointed Scott Patrick as Chief Financial Officer. Reporting directly to CEO Peter Maragos, Patrick will be responsible for leading financial operations and strategic planning for the firm. Patrick (pictured),
