BNY Mellon subsidiary and prime broker Pershing LLC has launched a Canadian affiliate, Pershing Securities Canada Limited, and opened a new offiice in Toronto as it bids to increase its presence in the Canadian market...
Hedge fund assets that are available for prime custody services stood at $684 billion in August 2012, increasing by 40 percent since 2010, according to a new report...
Texas based broker dealer, Prospera Financial Services has started using SunGard’s protegent social media surveillance program to monitor its advisor’s online activity on social media sites including Facebook, LinkedIn and Twitter...
The three primary business lines of M&I Institutional Trust Services have been rebranded to reflect their integration into Canadian firm BMO Global Asset Management...
Zurcher Kantonalbank has snapped up Raphael Zemp as a vice president and trader for its prime finance team. He will work on the fixed income and financing side of the business...
Advent Software has launched a new Interest Rate Swaps (IRS) package for the Syncova(R) platform. The IRS package is a set of collateral management tools...
Options Clearing Corporation’s (OCC) securities lending CCP activities saw a 50 percent increase in new loans from August 2011, with 92,072 transactions last month...
Clearstream has released its August 2012 figures, which reveal an increase in assets under custody, but a dip in the company’s global securities financing services...
Eurex Clearing plans to introduce a new risk methodology for calculating initial margin for both listed and over-the-counter derivatives called Eurex Clearing Prisma...