The UK’s Chancellor of the Exchequer has filed a lawsuit against the EU in a bid to stop it giving ESMA the power to limit or to ban short selling in an emergency...
Pirum Systems has strengthened its London team with the appointment of Tony Holland as business development manager. He moves to Pirum from Russell Investments...
Kevin Meehan, former head of prime services for Asia Pacific at Credit Suisse, will be moved to London from Hong Kong later this summer to act as global head of prime fund services...
Daily average outstanding loans under the securities borrowing and lending programme at the Singapore Exchange (SGX) totalled $20.29 million (S$26.1 million), up 31 percent from a year earlier...
SunGard’s Fox River has enhanced its algorithm suite with a US equity ‘dollar certain’ algorithm, which is used when traders want to execute a trade in dollars rather than shares...
SunGard has released a paper outlining the likely impact of the Basel Committee on Banking Supervision’s proposals to review the market risk framework under which banks calculate their regulatory capital requirements for the trading book...
Securities and investment research firm Finadium has released a research report on the future of counterparty default indemnification in securities lending programmes...
Thirty percent of respondents to a SimCorp poll admitted that it would take days or weeks to estimate the profit and loss of a potential default of the companies to which they are exposed...
Citi was granted access to $28 billion of securities lending assets held by CalPERS in an auction conducted by eSecLending. The lending auction was of $43 billion in US equities...