03 Apr 2012
RBC rejects CFTC allegations as “unwarranted”
Royal Bank of Canada has “vigorously rejected” the Commodity Futures Trading Commission’s (CFTC) allegations that the bank was involved…
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Markit acquires Data Explorers
Markit has acquired Data Explorers, a provider of global securities lending data, from mid-market private equity firm Bowmark Capital. Data…
Average daily volume of 10.1 million contracts at Eurex Group in March
In March 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.1 million contracts (March…
Alan Whiting to succeed Hugh Freedberg as Chairman of NYSE Liffe
Alan Whiting is to succeed Hugh Freedberg as the new non-executive Chairman of the NYSE Liffe’s global derivatives business. Whiting’s…
CFTC prohibits Nadex political event derivatives
The Commodity Futures Trading Commission (CFTC) today issued an order pursuant to Section 5c(c)(5)(C)(ii) of the Commodity Exchange Act and…
Spring Mountain Capital establishes high yield and distressed municipal strategies group
Spring Mountain Capital, LP (SMC), an investment management firm that focuses on alternative asset investing, has established a High Yield…
CFTC charges Royal Bank of Canada with multi-hundred million dollar wash sale scheme
The US Commodity Futures Trading Commission (CFTC) has filed a complaint in federal district court in New York charging the Royal Bank of…
Court enters USD98.6m final judgement against UK hedge fund adviser Pentagon Capital Management
On Wednesday, March 28, 2012, United States District Judge Robert W Sweet of the Southern District of New York entered a final judgement in…
Vistra opens office in Mauritius
Vistra has opened a new office in Mauritius to target the growing opportunities in the region and in particular in the African and Indian…
Carey Olsen advises Kreos Capital on establishment of EUR120 million expert fund
Carey Olsen has advised Kreos Capital on the establishment of a new expert fund and an investment management company in Jersey. Regulatory…
02 Apr 2012
Lamont and Flanders set for debate at Guernsey Funds Forum
All eyes will be on former UK Chancellor of the Exchequer Norman Lamont (pictured) and Economics Editor and Broadcaster Stephanie Flanders…
LME Cobalt trading surges to new records
The London Metal Exchange (LME) saw record volumes transacted in LME Cobalt in March 2012 with 1,310 lots traded, the equivalent of USD40…
MarketAxess introduces REXIQ
MarketAxess Holdings Inc has introduced REXIQ: Reducing Execution Costs, a new proprietary approach to analysing trading costs in the…
‘Business as usual’ for Walkers despite Maples & Calder move
In the wake of Walkers' recent announcement regarding the sale of Walkers Management Services to Intertrust, Maples & Calder has made…
AIMA expresses concern about new European Commission AIFMD implementation text
The Alternative Investment Management Association (AIMA), the global hedge fund trade association, has expressed concern about the European…
