NYSE Liffe says total daily volume in its milling wheat futures contract passed 50,000 contracts for the first time on 22 July 2010. Milling wheat futures reached a record of 50,165 contracts, surpassing the previous record of 43,986 contracts set
Hedge funds struggled to cope with extreme volatility in March and short bias was the only strategy in positive territory for the month as the Hennessee Hedge Fund Index declined by 2.02 p
Dalton Strategic Partnership LLP (DSP) is closing two funds within its Melchior range of UK OEIC Funds. The move has been made in order to focus its efforts on a smaller number of funds. The Melchior Japan Opportunities Fund
BoAML’s MLIS (Merrill Lynch Investments Solutions) platform is a marke
Ramius, the asset management division of Cowen Group, has launched its first mutual fund, the Ramius Dynamic Replication Fund. The product focuses on hedge fund replication that provides investors the opportunity to access market exposures typically characterised by investments in
BGC Partners, a brokerage company servicing the wholesale financial and real estate markets, has launched a European power desk. Based in London, BGC's European power desk will focus on brokering power products in the French, German and Polish markets.
Driven by client need to reduce risks related to operational, liquidity and counterparty risks, dealers Goldman Sachs, JP Morgan, Morgan Stanley, Societe Generale, UBS and Wells Fargo are among the latest organisations to adopt DTCC-Euroclear Global Collateral’s (GlobalCollateral) Margin Transit
Following the signing of a partnership between ABN Amro Clearing and tick-TS in February this year, the companies have expanded the markets available via their set-up. As of today, further access can be provided to the NYSE Euronext Cash Market
The Blackstone Group made a net loss of USD193.3m in the second quarter of 2010, compared to a net loss of USD164.3m for the second quarter of 2009. For the second quarter of 2010, total segment revenues were USD552.3m, up
Wine investors are warned not to put all their eggs in one French basket in a new report from the University of East Anglia. The fine wine investment market, valued at around USD4 billion a year, is currently dominated by
