News
Singapore Exchange hires new head of development
Singapore Exchange has hired Chew Sutat as its new head of development, with effect from June 1. He is currently Standard Chartered’s group head of investment and treasury products for the wealth management business.
Trading platforms strike deal with LiquidityHub
LiquidityHub, the London-based electronic trading consortium, has signed agreements to distribute its liquidity in the interest rate swap and US Treasury bond markets across the Reuters and Bloomberg trading platforms.
DBS establishes first Islamic bank in Singapore
Singapore’s first Islamic bank was set up on May 7 to tap the burgeoning Islamic banking activity in Asia. It will offer services in commercial banking, corporate finance, capital market and private banking.
Dexia and AEMS team up to develop new Mifid solution
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Complex business practices open the door to fraud
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Two iTraxx ETFs licensed by IIC
Two exchange-traded funds are due to be launched referenced to the Frankfurt-based International Index Company’s (IIC’s) series of European credit default swap indexes.
Security is being overlooked in Mifid programmes
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European Commission releases retail green paper
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OTC Legal and Black Swan Risk Advisors form strategic alliance
OTC Legal, a legal services company, and Black Swan Risk Advisors (BSRA), an independent advisory and educational services firm, have formed a strategic alliance. Together they will provide comprehensive legal, transactional tax, regulatory and risk…
Icap acquires J. E. Hyde shipbrokers
Interdealer broker Icap has acquired shipbroking and shipping services business J.E.Hyde. The new company will be known as Icap Hyde & Company.
New London-based global head of fixed-income for Lehman
Roger Nagioff, who has been appointed global head of fixed-income at Lehman Brothers, will become the bank’s first global head to be posted outside the US.
New software shows credit risk under-priced, Moody's says
Banks may have been consistently underestimating the risk involved in long-dated credit derivatives, if a new software package from Moody's KMV is correct.