News Centre

BofA Merrill Lynch Implements FTEN's RiskXposure To Enhance Its European Cash Equities Clearing Business

Date 17/09/2012

FTEN, Inc., a NASDAQ OMX company, today announced that BofA Merrill Lynch has chosen FTEN's RiskXposure (RX) platform to enhance its European Cash Equities clearing business.

ESMA Consults On Market Maker And Primary Dealer Exemption For Short Selling

Date 17/09/2012

The European Securities and Markets Authority (ESMA) has published a Consultation Paper on Exemption for market making activities and primary market operations under the Short Selling Regulation, which contains draft Guidelines on market making and the application of exemptions for market making activities and primary market operations under the Regulation.

Monte Titoli Launches 'X-COM', New Service For Tri-Party Collateral Management - Responds To Customer Need For Diversification Of Financing Tools - Monte Titoli To Act As Neutral Third-Party Agent - Fully Customisable Process, Leaving Users In Full Control Of Risk-Profile

Date 17/09/2012

London Stock Exchange Group today announces that Monte Titoli has launched ‘X-COM', its tri-party collateral management service*. The new service will allow banks' treasury departments and operations departments to manage their investment strategies and financing more efficiently.

There Are At Least 165 Australian Hedge & Boutique Funds That Control 17% Of Entire Domestic Investment Industry - Study

Date 17/09/2012

The inaugural Triple A Partners/ Basis Point Consulting Australian Hedge and Boutique Fund Directory launched today (17 September) has found:

• 165 hedge and boutique investment management firms control US$218.8 (A$208.4) billion, equivalent to 17% of the US$1.25 trillion (A$1.19 trillion) managed by all investment managers in Australia.
• The industry eclipses Hong Kong’s US$38.8 billion in hedge fund & long-only absolute return assets, and Singapore’s US$21.1 billion sector.
• For the first time in Australia, the directory identifies and profiles 102 independently-owned boutiques (predominantly long-only, benchmark-unaware strategies) with US$173.9 billion in assets under management (AUM), and 63 hedge fund firms with US$44.9 billion in AUM.
• The top 10 Australian CTAs/global macro/FX and risk overlay firms control US$22.8 billion.
• More than US$63 billion (roughly 30% of sector AUM) is deployed by Australian managers into global markets such as global and Asian equities, global fixed income and global macro. This US$63b figure is larger than Hong Kong and Singapore combined in non-Australian (ie global) investment strategies.

ESMA Proposes Remuneration Guidelines For Firms Providing Investment Services

Date 17/09/2012

The European Securities and Markets Authority (ESMA) has published today a consultation paper on proposed Guidelines on remuneration policies and practices under the Markets in Financial Instruments Directive (MiFID). 

BNP Paribas Joins The Vienna Stock Exchange As New Trading Member

Date 17/09/2012

As of today, BNP Paribas Arbitrage S.N.C, headquartered in Paris, and BNP Paribas Arbitrage S.N.C. in London joined the Vienna Stock Exchange as new trading members.  BNP Paribas Arbitrage S.N.C. will take part in trading on the cash market of the Vienna Stock Exchange from its head office in Paris and subsidiary in London.

Xetra/FWB: Enterprise Holdings Ltd. Plans Bond Issue In Entry Standard - Subscription Period 17 September – 24 September 2012

Date 17/09/2012

Insurance undertaking Enterprise Holdings Limited is issuing a corporate bond in Deutsche Börse’s Entry Standard. The bond can be subscribed from today with ISIN: DE000A1G9AQ4. The Enterprise Holdings bond has a volume of up to €35 million, matures in March 2017 and has an interest rate of 7.0 percent. The nominal denomination is €1,000.

Thai Bourse Encourages Developing Investor Relations Of Listed Firms

Date 17/09/2012

The Stock Exchange of Thailand (SET) continues to increase opportunities for Thai listed companies to develop their potential by providing guidelines and advice on Investor Relations (IR) in order to attract investors to listed firms.

Pirum Delivers Real-Time Tri-Party Required Value (RQV) Automation With J.P. Morgan

Date 17/09/2012

Pirum is pleased to announce the production deployment of the final component of its new Tri-Party Required Value (RQV) processing service, in partnership with J.P. Morgan.  Customers are now using the new service to automatically calculate, reconcile, agree and submit their RQVs across all counterparties, whether they are Pirum participants or not.

Vantage Order Routing System (VORS) Powered By Baymarkets

Date 17/09/2012

Vantage Capital  Markets HK (Vantage) recently announced the launch  of an order routing system  for Convertible Bonds for its clients.