The authorities on the Isle of Man Finance are stepping up their efforts to lure hedge funds away from Dublin and the Cayman Islands. At a one day seminar held in the island's capital Douglas on Tuesday (22 June) in
Euronext.liffe announced on Thursday last week the LIFFE CONNECT migration in Amsterdam, which was originally set for 27 September 2004, will be postponed. The new migration date is 29 November 2004. Planned tests are being postponed. Euronext.liffe aims to create
UK brokers and IFAs that fail to harness the potential of e commerce will be driven out of business by tech savvy rivals. These so called "Techno Savvies" are now the UK broker markets' dominant group, representing about a third
RBC Global Services has teamed up with ADP Investor Communications Services to offer electronic proxy voting capabilities for the UK market. This new agreement will ensure a more secure, transparent and efficient transfer of proxy information between registered stockholders and
Telekurs Financial, the provider of data, says Richard Newbury has joined the UK subsidiary as Head of Products. Newbury joins Telekurs (U.K) Ltd. from Financial Times Interactive Data where he most recently held the position of Product Enhancement Manager. He
Barclays Capital says it recently completed its first US power swap, a trade that represents the start of a "material expansion" of its commodities business in the Americas. "We are now able to trade swaps and futures contracts on electricity
OneChicago has listed 10 new single stock futures for trading, starting on Monday. The new listings are the first of up to 40 new single stock futures scheduled for launch this summer. The 10 new stock futures available for trading
The decision by the US Securities and Exchange Commission (SEC) that mutual fund companies must have chairmen independent of the fund managers is likely tro lead to a change at the top at four out of five companies. The SEC
State Street says Mitsubishi Trust and Banking Corporation (Mitsubishi Trust) will provide liquidity to FX Connect), its multi bank electronic foreign exchange trading system distributed via the Global Link network. Simon Wilson Taylor, head of Global Link at State Street
Clearstream says its revamped mutual funds playtform, Vestima +, has signed up HSBC Trinkhaus & Burkhardt and the etb (European Transaction Bank) the outsourced transaction processing service created by Deutsche Bank as clients. Clearstream also announced that the new Vestima+