ICICI Bank, India’s second largest bank with assets of more than $79 billion, has signed up to Markit’s credit default swap (CDS) pricing service.
Sandringham Capital, a Sydney-based long/short fund that uses derivatives, will use software provided by New York vendor Imagine Software for its portfolio and risk management requirements.
Data and technology vendor Reuters has released an application aimed at hedge funds that calculates portfolio risk measured across asset classes in real time.
Standard and Poor’s is the latest rating agency to enhance its collateralised debt obligation (CDO) surveillance, with a product designed specifically for the CDO investor.
Houston-based hedge fund firm ETG Capital Management has launched an energy fund.
Q-Wixx, the New York-based electronic platform for trading large portfolios of single-name credit default swaps, saw its formal launch yesterday evening.
California-based risk modelling firm Eqecat has launched an offshore energy model for the Gulf of Mexico region.
London-based electronic trading consortium LiquidityHub plans to start distributing the liquidity of 15 banks in interest rate swaps by the third quarter of this year.