News
DME reveals trading platform details
Energy futures exchange the Dubai Mercantile Exchange (DME), due to launch in the fourth quarter of this year, has unveiled details of its trading platform.
New Nordic exchange combines OMX feeds
Swedish exchange group and technology provider OMX has combined the market data from three of its subsidiaries, the Copenhagen, Stockholm and Helsinki exchanges, creating a single feed of Nordic market data, officials announced last week.
Berry leaves Société Générale for BarCap
David Berry is leaving his job as global head of commercial market data at French bank Société Générale for a post at Barclays Capital.
SG names new Orbeo emissions joint venture with Rhodia
Paris-based bank Société Générale (SG) has released more details of its emissions trading joint venture with the French chemicals giant Rhodia, including the new company's name - Orbeo.
RiskBusiness appoints new executive director
RiskBusiness, the London-based operational risk advisory firm, has hired Rick Cech as chief executive for the Americas.
Schroders' head of group risk moves to BGI
David Ridgway, head of group risk at Schroders in London, will leave the firm in mid-October to take a new post with Barclays Global Investors.
Bank of China becomes CLS Group shareholder
Bank of China (BoC) has become the first Chinese bank with a shareholding in settlement provider CLS Group.
Greenwich: European institutions keen on alternatives
European institutions are to shift more money into private equity and hedge funds, according to a report released by Connecticut-based financial research firm Greenwich Associates.
Basel Core Principles changed to reflect need for international co-operation
The 1997 core principles have been updated to reflect the need for international convergence and sound financial risk practices.
Banking supervisors endorse new Basel Core Principles
International banking regulators, meeting in Mexico, have endorsed 25 updated Basel core principles for effective banking supervision.
Deutsche and UBS top Asia Risk’s derivatives house awards
Deutsche Bank and UBS have won Asia Risk’s top derivatives awards for 2006, with the German bank sweeping two top-house awards – one for Asia ex-Japan and one for Japan – and the Swiss bank winning the award for derivatives house of the year for…
BarCap begins online book-building for structured products
Barclays Capital has launched online book-building on equity structured note issues.
TSE consults customers for trading technology upgrade
The Tokyo Stock Exchange (TSE) plans to cut response times and improve safety margins with a new IT system, according to a TSE report.
BIS: debt now bigger problem than inflation
The main structural threat to global economic growth is no longer runaway inflation, but a slower rebalancing of excess debt, according to a working paper released by the Bank for International Settlements (BIS).
RBS snares alternative risk transfer head from Morgan Stanley
The Royal Bank of Scotland has recruited Eugene Dimitriou as head of alternative risk transfer, global banking and markets.
Euronext.liffe extends trading hours
Euronext.liffe will increase its trading hours for Euribor interest rate futures from the second quarter of 2007.