News
GFI to acquire Amerex's North American operations
GFI is acquire the North American brokerage operations and assets of Amerex Energy, a leading interdealer broker of power, natural gas and emissions products and related derivative and option contracts in North America.
Atos Euronext Market Solutions names Asia head
Atos Euronext Market Solutions (AEMS), a London- and Paris-based supplier of exchange systems, has appointed Jessie Pak as head of Asia.
GFI to acquire most of Amerex in US
GFI, the New York-based interdealer broker, has announced it will acquire the bulk of Amerex Energy’s North American operations. The deal, worth $86 million, is due to be completed before the end of October.
Bürgenstock 2006: McCreevey may force exchanges to end clearing monopolies
High clearing charges are limiting the growth of Europe’s capital market and the European Commission should act now to open the clearing market to competition, according to speakers attending a Swiss Futures and Options Association conference in…
B ü rgenstock 2006: Regulators 'out of touch' on Mifid
Many European regulators and firms are still not ready for the effects of the Markets in Financial Instruments Directive (Mifid), warned delegates attending the Swiss Futures & Options Assocation annual conference in Burgenstock, Switzerland, today…
Washington Mutual to issue covered bonds
Washington Mutual Bank (WMB) will become the first US bank to issue covered bonds. The first €3 billion issuance of what is expected to be a €20 billion programme is scheduled to be priced at the end of the month. WMB is the third largest residential…
JP Morgan makes senior appointment in pensions advisory group
JP Morgan has announced the appointment of Kevin Carter as managing director and head of the investment bank’s pension advisory group for Europe, Middle East and Africa (EMEA).
Mizuho seeks $350 million from TSE
Mizuho Securities is demanding ¥40.4 billion ($347 million) from the Tokyo Stock Exchange (TSE) to compensate it for a trading error that it was unable to cancel on time.
Mizuho seeks $350 million from TSE
Mizuho Securities is demanding ¥40.4 billion ($347 million) from the Tokyo Stock Exchange (TSE) to compensate it for a trading error that it was unable to cancel on time.
DME partners with Emirates National Oil Co. to develop jet fuel futures
The Dubai Mercantile Exchange (DME) and Emirates National Oil Company (Enoc) subsidiary Enoc Supply & Trading LLC today announced the signing of a Memorandum of Understanding (MoU) to explore the development of the first exchange-traded jet fuel futures…
Dubai plans to develop first exchange-traded jet fuel futures contract
The Dubai Mercantile Exchange (DME) and Emirates National Oil Company (ENOC) plan to jointly develop the first exchange-traded jet fuel futures contract.
Fortis Chicago merges with O'Connor and Company
Benelux bancassurer Fortis has completed its acquisition of O’Connor and Company, the Chicago-based clearing house. The new company is called Fortis Clearing Americas and will be run within Fortis’ merchant banking division.
BarCap signs Sameer Jain to lead exotics technology expansion
Barclays Capital has announced Sameer Jain’s appointment as managing director in charge of IT for exotics products, a new position based in New York. Jain reports to Philip Freeborn, chief information officer.
Barclays Capital appoints leveraged finance head
Barclays Capital has announced the internal appointment of John Kelting as head of European leveraged finance.