Euros 269.9 billion euros was traded on the German stock exchanges in November 2003 about 5 per cent higher than the Euros 257.3 billion a year ago. The total consists of Euros 216 billion in equities, warrants and exchange traded
COR Financial Solutions says that, two months after acquiring the assets of Bancmetrics, the US based application service provider of portfolio accounting and analytics services, revenues are up 50 per cent. "This significant increase just goes to prove that the
Optima Fund Management is launching the Perennial Growth Fund, a long short US and international equity fund focused on the technology, media and telecommunications (TMT) sector. The Perennial Growth Fund is advised by Wayne Wilkey of Ampere Capital Management, a
Thierry Logier is to replace Barbara Vuylsteke as Director and Head of Product Management, Investment Funds making him head of the FundSettle mutual fund platform owned by Euroclear. Vuylsteke has moved to the Transaction Processing department at Euroclear Bank. Logier,
Share trading at Stockholmsbцrsen, HEX Helsinki, HEX Tallinn and HEX Riga per business day amounted to EUR 1 703 million during November (during the past 12 month period EUR 1 683 million). The average number of trades per business day
The Baring Asia Hedge Select Fund, launched in May 2003 to capture the upside in rising Asian markets and preserve capital when they fall, says it has returned 18.60% over the first six month period. BAM predicts a significant transfer
Global Advisors, the specialist commodities alternative asset manager, has launched the Global Precious Metals Fund. The offer period opened yesterday for the fund, which is aimed at professional investors, small funds of hedge funds, and family offices. "The Global Precious
Meitan Tradition part of Viel & CIE, an OTC broker has gone live withvoice trading technology from Syntegra at its new Tokyo trading floor in Kamiyacho. On the new trading floor, 55 derivative traders will be using Syntegra's IP ready
HSBC has abandoned its wait and see strategy in India by buying a 14.71 per cent equity stake in UTI Bank Limited, a retail bank in India, from CDC Financial Services (Mauritius) Limited and South Asia Regional Fund, for a
Cable & Wireless, the telecommunications group, has joined forces with ManagedStorage International (MSI) to provide an improved portfolio of data protection services to its customers in the United Kingdom. Under the agreement, MSI will enable Cable & Wireless to provide