Thursday saw the General Shareholders' Meeting of Eurex Zrich AG elect its new Board of Directors. At its constituent meeting, the new Board of Directors appointed Dr. Markus Granziol as President. Dr. Joerg Fischer, who had been President of the
Members of the International Securities Market Association (ISMA) have today elected one new member and re elected four existing members to the board of the Association. The elections to the board took place this morning at the ISMA annual general
Eurex says that the German Finance Agency has started trading on the Eurex bond and repo platforms. The admission of the Finance Agency, the debt management office of the German government, brings the number of participants currently on Eurex Bonds
The Bank of New York and the Board of Trade Clearing Corporation (The Clearing Corporation) today announced the introduction of a new program to satisfy margin requirements via The Bank of New York's global collateral management program, which will help
UBS is in danger of becoming one of those banks where the rewards accrue to the internal politicians rather than the external rainmakers. The hopeful headline that accompanied today's first quarter results UBS Expands Leadership Team" cannot conceal the fact
SecFinex, the online marketplace for securities finance, announced today that it had introduced Dutch equities to its on line securities lending trading system. They join French, German, Irish, Italian and UK equities. In addition, six firms have signed up to
Banca di Roma, CDC Ixis, Crdit Agricole Indosuez and Unicredito Banca Mobiliare have joined as shareholders in CoredealMTS, Europe's electronic exchange for international credit trading, following ISMA's auction of a part of its stake in the exchange. ISMA offered CoredealMTS
Big Companies Choosing Hybrid Pension Plans, Says Watson Wyatt The shift to so called hybrid pension plans by larger employers appears to be slowing and perhaps responding to different motivations, according to new analysis from Watson Wyatt Worldwide.A third of
ICAP has completed the acquisition of First Brokers Securities Inc. for an initial cash payment of $35.7 million. Further payments, which are contingent on the future performance of the business, will be made over three years, at ICAP's option in
The slow but steady consolidation of the multiplicity of bond trading platforms that emerged in the 1990s took a further step forward today with news that BondsInAsia (BIA) and asiabondportal (ABP), the two Asian bond trading platforms, have agreed to