News
Highlights from the e-symposium
Yesterday’s e-symposium featured presentations from around the world on the state of Basel II implementation and outstanding issues. Following is a synopsis of what our speakers had to say.
JP Morgan uses T-Zero for prime brokered CDS
New York-based technology firm T-Zero has announced its prime brokerage electronic affirmation utility has been used by a JP Morgan client for the first time.
MarketAxess appoints new president
MarketAxess, the New York-based trading technology firm, has appointed Kelley Millet as president.
Misys launches new future-proof credit derivatives module for Summit FT
Misys Banking Systems, based in London, has released a credit derivatives module for its Summit FT platform to handle the growing size and complexity of the credit market.
Citi launches alternative investment service in Asia
Citigroup has extended its alternative investment service so that hedge funds in the Asia-Pacific region can now outsource their administration requirements.
Deutsche Bank hires Gulf head
Deutsche Bank has hired Nicholas Hegarty as head of banking for the Gulf Co-operation Council (GCC) region.
SG expands equity derivatives team in Japan
Société Générale Corporate and Investment Banking (SGCIB) has hired a team of five equity derivatives traders from Daiwa Securities in Tokyo.
Point Carbon launches North American operations
Point Carbon, a provider of market intelligence, analysis, forecasting and advisory services for the energy and environmental markets, today announced the launch of operations in North America.
Crosstex Energy selects Quorum NGL marketing software
Crosstex Energy, a Dallas-based midstream natural gas company, has selected Quorum Liquids Marketing software from Quorum Business Solutions. The software will manage Crosstex’ commercial natural gas liquids (NGL) marketing activities.
ABN Amro hires inflation trading head
Amsterdam-based ABN Amro has hired Paul Canty as European head of inflation trading.
Deutsche leads Risk survey again
Deutsche Bank has beaten JP Morgan into second place for the second year running in Risk’s annual interdealer survey.
EECM and Coastal Partners launch offshore energy fund
New York-based Energy & Environment Capital Management (EECM) and Coastal Partners of the Bahamas will together launch an offshore version of the Energy & Environment Fund.
ETF Securities launches 29 new exchange-traded commodity securities
ETF Securities, a leading player in exchange-traded commodities (ETCs), will simultaneously launch 29 separate ETCs in the UK within the next few weeks, comprising 19 individual securities and 10 index securities.