Solutions
The Warsaw Stock Exchange has launched GBP futures on the main market of the exchange (GPW).
“The decision to introduce GBP futures is yet another step in making GPW’s offer more attractive to investors. Both currency futures and single-stock futures enjoy strong interest of active market participants,” says Małgorzata Zaleska (pictured), president of the Warsaw Stock Exchange.
The addition of GBP futures to the exchange’s instrument list is part of GPW’s policy to expand its offer for investors. Along with USD/PLN, EUR/PLN and CHF/PLN, GBP/PLN is the fourth currency pair futures contract available for trade.
The following futures
The pan-European gas trading platform PEGAS, operated by Powernext, has published a new position paper regarding the potential merger of the NCG, Gaspool and TTF gas market areas in the near future.
Within the paper, PEGAS outlines the potential cost of such a merger while also assessing the limited benefit to end consumers.
The position paper follows a study initiated by the German Bundesnetzagentur (BNetzA) into the functioning of the two German Market Areas NCG and Gaspool. BNetzA were supported by independent consultants WECOM who analysed the performance of the market.
The study by WECOM indicates that the
Latin America represents significant potential for Equity Bank And Trust Bahamas Limited to build out its boutique private banking business as the continent enjoys shoots of economic growth. Dillon Dean shares his views on the `significant potential' on offer, not only to extend the bank's HNW client relationships in Brazil, Mexico and other key markets, but to help The Bahamas raise its profile as a gateway to the Americas.
Latin America represents a fountain of opportunities for financial services firms based in the Caribbean and given its proximity to a triumvirate of markets – Central America, South America and North
AcadiaSoft, a provider of margin automation solutions for counterparties engaged in collateral exchange worldwide, has acquired ProtoColl, an end-to-end collateral and margin management service, from the Depository Trust & Clearing Corporation (DTCC).
Terms of the deal have not been disclosed.
In March, thousands of buy-side firms and smaller banks will become subject to new variation margin (VM) rules for non-cleared OTC derivatives that went into effect on 1 September for the largest global banks, all 24 of which are using the AcadiaSoft Hub in order to comply.
The purchase of ProtoColl accelerates AcadiaSoft's ability to provide market participants
The Depository Trust & Clearing Corporation (DTCC) has added trade repository services for Newfoundland and Labrador Global Trade Repository (GTR).
With this addition, GTR now supports all Canadian provinces and territories, with existing support for Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Quebec, Saskatchewan, Nunavut, Northwest Territories, Prince Edward Island and Yukon.
In an effort to achieve improved risk analysis, all Canadian provinces and territories have adopted harmonised derivatives reporting regulations, as applicable, rules 91-507 and MI 96-101. These rules require reporting for over-the-counter (OTC) derivatives transactions, including rate, credit, equity, FX and commodity derivatives.
GTR is
Fund Tax Services (FTS) has expanded its offering to alternative investment managers with the launch of FTS Plus, providing clients with access to three strategic advisory partners.
FTS says the services of its new alliance partners – covering advisory consulting, marketing and distribution – are complementary to its core alternative investment fund services and each can help alternative managers achieve their strategic growth objectives.
Investment Business Advisors specialises in advising GP alternatives firm CEOs, COOs and CIOs regarding firm and fund assessments, strategic initiatives, alternative industry “Best Practice” and overall firm effectiveness, efficiency and transparency.
RT Hausler Strategic
Guernsey has introduced a Private Investment Fund (PIF) regime designed to provide fund managers with greater flexibility and simplicity.
The PIF, which was developed in response to market demand by the Guernsey Financial Services Commission (GFSC) in consultation with the island’s GBP247 billion funds industry, recognises that certain investment funds are characterised by a relationship between management and investors that is closer than that of a typical agent.
The PIF dispenses with the formal requirement for information particulars such as a prospectus in recognition of that relationship, significantly reducing the cost and processing time of launching of a fund.
IPC, a provider of communications and networking solutions for the financial markets community, has enhanced its network capabilities in Russia.
IPC's points-of-presence (PoPs) in Moscow have been enhanced to support all of IPC's channel solutions including the firm's flagship extranet service, latency sensitive managed Ethernet service and MPLS corporate WAN solution.
The announcement was made at an exclusive client event attended by senior industry leaders at the prestigious Swissotel Krasnye Holmy hotel in Moscow and follows closely on the heels of IPC announcing that it has extended its Financial Markets Network service portfolio to its Connexus platform.
IPC's
Linear Investments, a FCA-approved boutique prime broker, has appointed TFG Financial Systems for the provision of real-time margin reporting.
In addition, TFG will be adding its trademark real-time portfolio analytics to the Linear offering.
This will be extended to Linear’s hedge fund clients, enabling them to carry out sophisticated pre-deal margin and impact risk assessments.
Linear Investments is a provider of prime broking services for medium-sized hedge fund managers that are not being supported by larger prime brokers.
“At Linear we have found there is tremendous value to be offered to funds in terms of proper trading
EFG Hermes and Saxo Bank have formed a partnership which will enable full integration of Saxo Bank’s SaxoTraderGO platform with EFG Hermes’ new online trading platform, EFG Hermes One.
The new platform will grant clients one-click access to financial instruments in both multiple Middle East and North Africa (MENA) markets as well as global exchanges.
The platform will enable more investors to explore investment opportunities and access global capital markets. EFG Hermes One also incorporates real-time market intelligence from EFG Hermes Research’s global team and international insights from Saxo’s strategy team.
EFG Hermes One is the first service
