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No Naked Norwegians

02 July 2010 Oslo
Reporter:

The Norwegian Parliament has passed changes to the Norwegian Securities Trading Act on naked short selling.

02 July 2010 London
Reporter:

The Depository Trust & Clearing Corporation (DTCC) announced today that it has acquired the outstanding shares of Avox Limited, a reference data business located in the U.K.

OCC reports 11 per cent increase in H1

02 July 2010 Chicago
Reporter:

Over 2 billion contracts exchanged hands in a six-month period for the first time

Axa team step down over coding error

02 July 2010 California
Reporter:

Three members of AXA have stepped down following an investigation into the response to a coding error...

BNY Mellon promotes Daniel Smith in Asia-Pacific

02 July 2010 Hong Kong
Reporter:

Daniel Smith is the new chief administrative officer for BNY Mellon in the Asia Pacific region...

BNY Mellon completes PNC acquisition

02 July 2010 New York
Reporter:

BNY Mellon has completed the acquisition of PNC's Global Investment Servicing business...

LAFPP submits custody RFI

01 July 2010 Los Angeles
Reporter:

The City of Los Angeles Fire & Police Pension Plan has submitted a RFI for master trust custodial banking services...

Collateral process, best practise

01 June 2010 New York
Reporter:

The Best Practices are the result of the collaborative efforts of a working group of buy-side and sell-side market participants, under the auspices of the ISDA Collateral Steering Committee.

In our defense - Premier GSL release statement

30 June 2010 Boston
Reporter:

Earlier today Premier Global Securities Lending released a statement announcing that Peter Economou, Paul Lynch, Suzanne Lee, Michael McAuley, William Locke, Oberon Knapp, Larry Albaugh and Michael Landolfini are joining the company as part of the ma

Through the ranks

30 June 2010 Toronto
Reporter:

Rob Ferguson, vice president, product and client service, global securities lending, and Robert Chiuch, vice president, head of trading, global securities lending, will share cross-functional responsibilities in replacing James Slater.

Citi snaps up David Martocci

30 June 2010 New York
Reporter:

David Martocci has been appointed managing director and global product manager of third party securities lending at Citi Global Transaction Services

Nemes Named

30 June 2010 London
Reporter:

Deutsche Bank has hired Anita Nemes as Global Head of Capital Introduction. She will spearhead the ongoing effort to provide hedge fund clients with access to institutional sources of capital, one of the most significant growth areas for hedge funds

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