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Portware Wins Best FX Trading Platform - Worldwide Growth And Continued Innovation Nabs Company 2013 WSL Institutional Trading Award
Date 19/02/2013
Portware, the leading provider of global, multi-asset trading solutions, today announced that Wall Street Letter has recognized Portware with the prestigious 2013 WSL Institutional Trading Award for Best FX Trading Platform at the second annual WSL Institutional Trading Awards held at Cipriani in New York on February 13, 2013.
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EDHEC-Risk Alternative Indexes: Hedge Funds Make Strong Gains In January
Date 19/02/2013
In January, stocks gained significant momentum, with the S&P 500 (5.18%) reaching a five-year high in the context of sharply decreasing implied volatility (VIX: 14.3%). High-grade bonds lost some ground (Lehman Global: -0.81%, Lehman US: -0.64%), while risky credit improved slightly (Credit-Spread Index: 0.21%) and convertible bonds benefited from their equity component (2.53%). Commodities rebounded vigorously (4.45%), and the dollar was nearly flat (-0.04%).
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European Parliament Environment Committee Backs Emissions Trading Fix
Date 19/02/2013
A freeze in the auction of some pollution allowances should be allowed to help boost green investments, according to environment committee MEPs voting on draft legislation on Tuesday.
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Rate Validation Services Names Andrew Simpson Chief Operating Officer
Date 19/02/2013
Rate Validation Services has named appointed Andrew Simpson Chief Operating Officer. Andrew was formerly Head of Business Development at EuroCCP.
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Andrew Bailey Appointed As Bank of England Deputy Governor For Prudential Regulation And CEO Of The Prudential Regulation Authority
Date 19/02/2013
The Chancellor of the Exchequer has today announced that Andrew Bailey, Executive Director, Bank of England and Managing Director, Prudential Business Unit, Financial Services Authority, has been approved by Her Majesty the Queen to become Deputy Governor at the Bank of England responsible for Prudential Regulation and the Chief Executive Officer (CEO) of the Prudential Regulation Authority (PRA).
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Appointment Of Bank of England Deputy Governor For Prudential Regulation
Date 19/02/2013
Her Majesty The Queen has approved the Chancellor and Prime Minister’s recommendations for the appointment of Andrew Bailey as Deputy Governor of the Bank of England with responsibility for Prudential Regulation, starting on 1 April 2013.
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UK's Financial Services Authority Fines Lloyds Banking Group £4.3 Million For Delayed PPI Redress Payments
Date 19/02/2013
The Financial Services Authority (FSA) has fined three Lloyds Banking Group firms a total of £4,315,000 for failings in their systems and controls that resulted in up to 140,000 customers receiving delayed payment protection insurance (PPI) redress. The three firms are Lloyds TSB Bank Plc, Lloyds TSB Scotland Plc and Bank of Scotland plc (together, LBG).
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City Of London Forges Stronger Financial Ties With The DIFC
Date 19/02/2013
Dubai International Financial Centre (DIFC) today received the Lord Mayor of the City of London, Alderman Roger Gifford, in addition to a group of high level delegates. The most recent visit is a testament to both parties’ commitment to furthering a continued historic bilateral relationship with the aim of strengthening trade and investment links.
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Rapid Addition Teams with IBM for Ultra-Low Latency
Date 19/02/2013
Rapid Addition, the leading provider of trading technology to buy- and sell-side financial institutions, has leveraged IBM’s (NYSE: IBM) WebSphere MQ Low Latency (WMQ LLM) technology to produce an ultra-low latency, high performance product, for the complete trade life cycle.
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Pine River Capital Management Selects Flextrade For Global Multi-Asset Trading Solution - Deploys FlexTRADER EMS To Handle Equities, FX, Options & Futures
Date 19/02/2013
FlexTrade Systems, Inc., an international leader in multi-asset execution and order management systems, today announced Pine River Capital Management has globally deployedits FlexTRADER EMS to facilitate trading for equities, FX and listed derivatives.
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