Interactive Data Corporation and Moneyline Telerate have formed a strategic alliance. Moneyline Telerate will integrate Interactive Data Corporation data sets and applications into its workstation and interactive feed products to create a support tool for pre trade, trade and post
The Korea Stock Exchange (KSE) will introduce covered warrants with the underlying asset being listed shares or market indices in the first half of 2004. The KSE is currently reviewing the operational details with securities firms before seeking approval from
The Bank of New York Company says it has reached a settlement with the General Motors Acceptance Corporation ("GMAC") over GMAC's claims relating to the 1999 sale to GMAC of BNY Financial Corporation, the bank's factoring and asset based finance
The European Repo Council (ERC) has published its amended repo trading practice guidelines. The new guidelines, which are effective from 1 October 2003, can be downloaded from the ISMA web site that day.
SunGard says Infrastructure Finance Corporation (INCA), South Africa's largest private infrastructure debt fund, is to automate its treasury operations using its AvantGard Quantum system. The installation of Quantum replaced an in house development based on the Microsoft Access database that
DST International says PT Bank Danamon Indonesia Tbk (Danamon) has gone live with HiPortfolio 2, DSTi's back office solution, to support its custodian administration services to external fund managers. "In the process of entering the fast growing custody business in
A Mexican court rejected a plea by the local arm of Dutch bancassurers ING to free up $300 million frozen in its bank accounts, its legal opponent Grupo Fertinal said yesterday. ING's assets and bank accounts in Mexico were frozen
MTSNext says Danske Bank has licensed the EuroMTS 5 7 and 15+ year maturity band indices for use as underlying references in a new 3 year maturity "Himalayan" structured product, issued by KommuneKredit, and listed this week on the Copenhagen
The Polish Securities and Exchange Commission today authorised Bank Austria Creditanstalt (BA CA) shares as the first international company to trade on the Warsaw Stock Exchange (WSE). BA CA shares also trade in Vienna, following the sale of a quarter
Hedge fund managers Campbell & Company have appointed Craig Weynand Vice President and future General Counsel. He starts work on Monday, 13 October. Weynand will assist the executive team with the overall growth and development of the firm, with a