ING has merged its European custody and clearing services into a single unit with the aim of enlarging its share of the European marketplace. ING Securities Services, The Netherlands, which formally came into being at the turn of the year,
It was reported in Hong Kong today that a People's Bank of China official, Wen Wei Po, expects the Qualified Foreign Institutional Investor (QFII) scheme introduced late last year to be refined during the course of 2003. He added that
EasyScreen has selected FIX Antenna the multi platform Financial Information eXchange ("FIX") Engine from B2BITS for incorporation into EasyRouter, EasyScreen's core Solutions middleware. The integration of FIX Antenna and EasyRouter will enable any FIX enabled client, Buy or Sell side,
Borrowers don't like it. But securities lenders are increasingly intolerant of a risk they run when lending stock missing dividend payments or other corporate actions with real value, such as takeover and redemption offers. Every agent lender, blamed by an
Forum Financial Group, the Miane based hedge fund administrator, has launched a new version of its HedgeLink client reporting platform. The web based tool aims to provide Forum's hedge fund and offshore clients with rapid access to their reports and
HSBC Alternative Investments Limited has appointed Philippe Huber, Alex de Korodi and Daniel Delchat with effect from April 2003 to launch a new Japanese Equity Market Neutral fund this summer. The team, headed by Philippe Huber, will be based in
Euroclear today announced the launch by Euroclear France of an automated processing service for Exchange Traded Fund (ETF) transactions in the primary market. Euroclear France claims to hold a third of European ETFs in custody, and the new service aims
JPMorgan Investor Services announced today it has enhanced its global proxy voting service for institutional investors. It looks a timely move. On both sides of the Atlantic, official enthusiasm for "corporate governance" has made being seen to vote stock far
CIBC Mellon announced today that it will provide global custody services for the Toronto based Colleges of Applied Arts and Technology Pension Plan (CAAT Pension Plan), making the bank sole custody provider to the fund. CIBC Mellon has provided domestic