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Date 25/02/2008
BATS Trading Now Available On SAVVIS Exchange Express - Financial Infrastructure Solution Features Metro Ethernet Connectivity Delivering High Bandwidth And Low Latency Compared To Leased Line Options
SAVVIS, Inc. (NASDAQ:SVVS), a global leader in IT infrastructure services for financial markets and business applications, today announced that BATS Trading, Inc. (BATS), operators of the BATS ECN, is now available via SAVVIS Exchange Express which provides low latency metro Ethernet network access to the fast-growing BATS trading platform.
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Date 25/02/2008
FFastFill Announces LME Steel Connectivity
FFastFill announced today that it has successfully completed conformance processing and testing and will be offering full connectivity to the London Metal Exchange’s new steel trading contract from its startup on February 25th. On that date steel will be traded on the LME’s telephone market and its electronic trading facility Select. LME Steel will be the exchange’s first non ferrous contract launch and introduces steel trading to the largest metals trading exchange in the world. The formal s
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Date 25/02/2008
Record Investment Banking Fee Revenue In 2007 Marred By Sub-Prime Losses
Fee revenue generated by global investment banking increased for the fifth year running in 2007 by 21% to a record $84.3bn according to the 2008 edition of IFSL’s Banking report. Despite growth in fee revenue, many investment banks’ profits were hit by the $130bn in US sub-prime losses reported up to January. Further losses are likely in 2008. Losses at a few investment banks have resulted in capital injections by sovereign wealth funds.
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Date 25/02/2008
Richard Jinks Joins Xtrakter As Director Of Commercial Operations
Xtrakter, part of the ICMA group of companies, is pleased to announce the appointment of Richard Jinks to the position of Director of Commercial Operations. Mr Jinks, who joins Xtrakter on March 3, 2008, will report directly to the Chief Executive and be a member of Xtrakter’s Executive Committee.
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Date 25/02/2008
STOXX Ltd. Commemorates A Decade Of Index Innovation
STOXX Ltd., the leading European index provider, celebrates the 10th anniversary of the launch of the Dow Jones STOXX Indexes. The first pan-European indexes under STOXX brand were launched on February 26, 1998.
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Date 25/02/2008
Dalian Commodity Exchange Donates 1 Million Yuan To Storm-Hit Regions
Due to the worst snow storms in five decades in most regions of southern China, the normal production and livelihood of the local people experienced disastrous impacts. To support post-disaster reconstruction of disaster-hit regions, the Dalian Commodity Exchange with its employees volunteering to offer their helping hands and loving hearts, donated a total of 1 million yuan to the worst-stricken regions including Hunan, Hubei, Guizhou, Anhui, Jiangxi, Sichuan, Chongqing, Guangdong, Guangxi and
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Date 25/02/2008
Deutsche Bank Announces Commitment To Develop Research Facility In The Dubai International Financial Centre
Deutsche Bank today announced its decision to establish a significant research presence in Dubai out of the Dubai International Financial Centre (DIFC) in support of its global equities business. The Bank will develop a team of research analysts based in Dubai focusing on company and technical analysis. The team will cover both Middle Eastern and international stocks and will be fully integrated into the Bank's global equity research group.
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Date 24/02/2008
Under The Patronage Of H.H Sheikh Mohammed Bin Rashid Al Maktoum The 11th Annual Institute Of International Finance CEO Meeting - Rapidly Increasing Linkages Seen Developing Between The GCC Economies And Key Financial Institutions And The Global Economy A
More than 70 heads of Middle Eastern financial institutions, senior public sector officials and, leaders of financial services firms from Europe and the United States, today concluded the 11th annual meeting of Middle Eastern and North African Bank Chief Executives hosted by the Dubai International Financial Center (DIFC) in association with the Institute of International Finance (IIF). The conference was held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice Presid
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Date 24/02/2008
Osaka Securities Exchange And International Securities Exchange Sign Memorandum Of Agreement, To Launch New Options Platform
The Osaka Securities Exchange Co., Ltd. (OSE) and International Securities Exchange Holdings, Inc. (ISE) today announced that they have signed a Memorandum of Agreement (MOA), in which the two exchanges agreed to build a cooperative relationship as the first step towards the formation of a joint venture and the launch of a new, jointly owned trading platform that promises to revitalize the Japanese equity options market.
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Date 24/02/2008
Borse Dubai Meets Swedish Minister Of Privatisation And Financial Markets - Discussions Focus On Sweden’s Support To Borse Dubai And Further Cooperation With Dubai
Essa Kazim, Chairman of Borse Dubai and Dubai Financial Market, today met with Sweden’s Minister of Privatisation and Financial Markets Mats Odell to discuss future cooperation between Dubai and the Nordic country following the completion of the landmark deal between Borse Dubai and OMX.
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