GFI Group, Inc. has acquired Tullett Prebon (Singapore) Limited's regional FX options team, with effect from 1 October 2005. "In general most brokerage companies observe ethical or friendly competition, and with our present agreement with Tullett Prebon Singapore I have
London & Capital Asset Management announced that it is increasing its allocation to emerging market sovereign debt within its global bond portfolios. "We have been bullish about this asset class for some time and feel now is the right time
The Japanese Bankers Association (JBA) has asked the Ministry of Finance in Tokyo to consider extending the period in which repo transactions between Japanese and foreign banks are exempted from tax. The measure is one of three the JBA is
Markit Group Limited, which provides independent mark to market pricing, asset valuations, dividend forecasting and index services, announced it is to adopt the Industry Classification Benchmark (ICB), a joint product of Dow Jones Indexes and FTSE Group (FTSE). ICB will
MTSNext has launched the EuroMTS Covered Bond Indices (EMTXc), real time indices for euro denominated covered bonds from European Union issuers. The new index family includes an aggregate index, currently composed of 64 bonds, with three maturity range sub indices
HBOS Treasury Services have recruited Andy Williams, formerly a senior dealer at Man Financial, to develop the bank's non government repo and securities lending business. He reports to Mick Chadwick, Head of Collateral Trading at HBOS. "Over the last few
Markit Group Limited has launched its Markit Portal, a Web based intelligence tool for industry professionals seeking the latest comprehensive information on the financial markets. The Markit Portal combines Markit's proprietary pricing across CDS, bonds, loans and indices and integrates
Bloomberg has been chosen as the primary market auction system for the government's Shekel bonds, as Israel invites applications for Primary Dealers in its domestic bond market for the first time. The Israeli Ministry Of Finance will join issuers of
JPMorgan Worldwide Securities Services has added Gavin Callan and Michael Fox to its Securities Lending relationship management team in the Europe, Middle East and Africa (EMEA) region. Callan joins as vice president and Securities Lending client manager for the EMEA
Clearstream's core business areas saw growth during June with the number of international transactions processed by Clearstream rising to 1.75 million for the month, representing a rise of 39.1% compared to the same month last year (June 2004 1.26 million).