Solutions
The US Commodity Futures Trading Commission is providing no-action relief, subject to specified conditions, to registered provisionally swap dealers from compliance with certain Commission regulations.
The relief is provided to swap dealers from compliance with certain Commission regulations related to business conduct standards with counterparties and swap trading relationship documentation when entering into swaps with certain special purpose vehicles in existence prior to 10 October, 2013.
Joe Truelove (pictured), Head of Fund Services at Carey Group explores the uses of offshore stock exchanges, such as the Channel Islands Securities Exchange…
The key reasons for listing a company on an offshore stock exchange are in principle the same as those of listing a company on an onshore exchange – to raise capital or to give existing shareholders an opportunity to sell their shares to unknown third parties in a transparent manner.
Both the Channel Islands Securities Exchange (CISE) and the Cayman Stock Exchange (CSX) are exchanges recognised by HMRC. Under the Individual Savings Account (ISA) rules, investors
CME Group has announced the first trades of its new Physically Delivered Cocoa futures contract (contract code CCP), which were launched yesterday on its European exchange, CME Europe.
A total of 240 contracts traded through four delivery months out to March 2016, with most trades taking place in the new-crop December 2015 and March 2016 contracts.
"After 18 months of working with the industry, we believe we have launched cocoa contracts that address many of the unmet needs identified by commercial market participants," says Jeffry Kuijpers, Executive Director, Agricultural Products, CME Group. "CME Group has a long tradition of offering
EBS, ICAP’s industry leading electronic FX business, is preparing to launch a new global liquidity platform, EBS Select, to complement the company’s existing multi-product offering.
EBS Market, the flagship platform, is a central limit order book with pre-screened bi-lateral credit limits and allows customers to match natural interest with other participants and leave resting orders in the market. EBS Direct, which launched in November 2013, is a fully disclosed and relationship-based platform that allows Liquidity Providers (LPs) to stream tailored prices direct to Liquidity Consumers (LCs).
With the introduction of EBS Select, customers will now have the option of trading
Sourcing sufficient liquidity to get large trades done is the top concern of institutional traders globally, according to a survey conducted by Liquidnet, the global institutional trading network.
Even as confidence in equity inflows returns, 84% of the survey’s respondents were either “concerned” or “very concerned” about being able to source liquidity in the current market. Liquidnet’s annual Institutional Voice survey canvassed the views of more than 115 buy-side equity traders around the globe.
The survey found that nearly two thirds of US and EMEA asset managers expect an increase in equity inflows in 2015, with US asset managers
CME Group Executive Chairman and President Terry Duffy will appear before the US House Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit, Wednesday, 25 March, to discuss reauthorising the Commodity Futures Trading Commission (CFTC).
"The one overriding issue that is facing the US derivatives markets today can be summed up in one word – equivalence," says Duffy. "The EU continues to hold up US equivalence over the single issue of margining standards – even though it has recognized other jurisdictions, including Singapore, that employ similar margin standards to those in the US Our margin policies meet or exceed all applicable
IndexIQ has expanded its family of liquid alternative exchange-traded funds (ETFs) with the launch of the IQ Hedge Long/Short Tracker ETF (QLS) and the IQ Hedge Event-Driven Tracker ETF (QED).
The additon of the new funds, which join the IQ Hedge Macro Tracker ETF (MCRO), the IQ Hedge Market Neutral Tracker ETF (QMN) and the USD1 billion IQ Hedge Multi-Strategy Tracker ETF (QAI), means that IndexIQ now offers an ETF designed to track each of the four major hedge fund categories – Event-Driven, Equity Hedge or Long/Short, Market Neutral and Global Macro.
Through IndexIQ’s offerings, investors and advisors can construct their own diversified
Eze Castle Integration has received the UK Government Cyber Essential Certification following a review of the company’s security controls by certification-body Indelible Data.
Cyber Essentials has been developed as part of the UK’s National Cyber Security Programme and aims to guide businesses in protecting themselves against cyber threats. Certification confirms that Eze Castle Integration follows the cyber security practices outlined by the UK government to safeguard against cyber-attacks.
“Cyber security concerns in the financial services industry abound and rightfully so. As the leading hedge fund technology service provider, it is our duty to demonstrate that we take all the
Tower Fund Services today released the second video in a series designed to guide hedge fund managers through the common challenges faced by the emerging fund manager.
The latest video provides some simple steps and insights into the capital raising process for new hedge funds.
Tower’s Co-founder, Vince Sarullo, says: “AUM is the lifeblood of the investment management business and competition for assets is fierce. To grow AUM can be the single most difficult aspect of running a hedge fund business. Most small hedge funds are operated by former portfolio managers, traders or research analysts, who know how to manage
GFI Group, a provider of trading technologies and support services to the global over-the-counter (OTC) and listed markets, is to voluntarily delist and deregister its common stock from the New York Stock Exchange (NYSE).
The Company has submitted written notice to the NYSE of its intention to voluntarily delist and deregister the common stock under the Securities Exchange Act of 1934, as amended. The delisting is expected to become effective 10 days after the filing of the required Form 25 with the Securities and Exchange Commission (SEC). GFI subsequently expects to no longer have obligations to file SEC reports with
