LCH.Clearnet is providing CCP clearing services to MTS Amsterdam, the electronic platform for trading Dutch government The service began on 9 July 2004 and also extends to Dutch benchmark bonds traded on EuroMTS. "We are delighted to have commenced clearing
Hedge funds monitored by the Hennessee Hedge Fund Index produced a positive return of +0.49% in June, bringing the 2004 year to date return for the index to +2.28%. All of the broad market indices were positive for the month,
Bank of Tokyo Mitsubishi said it had received today a request from the management of UFJ Holdings to merge the two banks. Bank of Tokyo Mitsubishi said it would take the request "seriously."
Citisoft has appointed Valerie Nott to work with its management team on new business development and client relationship management. Prior to joining Citisoft, Nott was the Account Director at COR STPS and Group Business Director at 110 (One Ten) where
TIBCO says its takeover of Staffware has been completed. Staffware will now called the TIBCO BPM Group. "The unification of TIBCO and Staffware makes it easier to integrate with the underlying systems and data that drive BPM solutions and provides
Richard Eichen has joined Smartstream as General Manager of US Solution Services, based in New York and reporting to Lou Longhi, US Managing Director. Smartstream says Eichen's appointment is "a key services component in the roll out of the company's
Start up hedge funds in the US raised record sums of money in the first half of 2004 with over $12 billion pouring into new launches, according to a survey by Euromoney owned Absolute Return magazine. The research shows that
Russell's family of 21 US indexes continues to rank as the most widely used set of performance benchmarks among institutional investment products, which include funds used by corporate pension plans and other institutional investment organizations. A new survey measuring market
Dutch telecommunications company Royal KPN NV (KPN) has bought business process management (BPM) software from TIBCO subsidiary Staffware. KPN is extending its current BPM roll out from Staffware now known as TIBCO BPM Group as a step towards adopting the
Jupiter Asset Management has listed its Jupiter Offshore Portfolio Fund (JOPFL) on the Channel Islands Stock Exchange. JOPFL is a fund of funds that invests in unit trusts, OEICs, investment trusts and hedge funds. Juiter says it expects the listing