Derivsource

Axiom SL launches Liquidity Management & Stress Testing Module to Complement its Regulatory Liquidity Reporting Solution

jschieffer — Fri, 12 Mar 2010 12:53:39 +0000

Axiom Software Laboratories Inc, leading global provider of Regulatory Reporting and Risk Management solutions has announced today at the Axiom user group meeting the launch of its Liquidity management and Stress Testing module based on the proven regulatory reporting and data management platform, ControllerView® and IntegrationCenter™. In addition to regulatory and internal reporting, Axiom now equips financial institutions with stress-testing capacity to identify and manage quickly and efficiently relevant risks across the organisation.

International Centre for Financial Regulation establishes Academic Panel

jschieffer — Fri, 12 Mar 2010 10:55:34 +0000

The International Centre for Financial Regulation (ICFR) today announced the establishment of its Academic Panel, comprising of leading academics in the field of financial economics and regulation and whose knowledge and expertise will help to guide the ICFR in its development and growth.

43% of Institutional Investors in Hedge Funds Investing in or Considering UCITS Funds in 2010

jschieffer — Thu, 11 Mar 2010 16:54:40 +0000

UCITS III is Attracting Growing Numbers of Hedge Fund Managers and Investors according to Preqin’s Survey Results

In February 2010 Preqin carried out a survey of 50 institutional investors to determine the current demand for UCITS-compliant hedge funds. Preqin also surveyed 60 fund of funds mangers to ascertain the present supply of UCITS funds in the hedge fund industry. Key findings of the survey include:

Investor Survey:
• 8% of all institutional investors surveyed allocate capital to UCITS funds, and all are European-based.

KRX and Eurex to Start Link in August 2010

jschieffer — Thu, 11 Mar 2010 16:02:33 +0000

Eurex to launch daily futures on KOSPI 200 Options on 30 August 2010/ KRX to extend global reach of its KOSPI 200 Options

Dodd Statement on Financial Reform

jschieffer — Thu, 11 Mar 2010 15:55:45 +0000

Today Senate Banking Committee Chairman Chris Dodd (D-CT) issued the following statement on financial reform.

Fitch Solutions: CDS Market Concerns Ease for Developed Economy Sovereigns

jschieffer — Thu, 11 Mar 2010 12:34:10 +0000

Fitch Solutions, a division of the Fitch Group, says CDS market concerns on the prospects for developed market sovereigns have eased in the past two weeks, mainly driven by the announcement of Greece's revised austerity package on 3 March.

NYSE Euronext Announces Trading Volumes for February 2010

jschieffer — Thu, 11 Mar 2010 04:00:00 +0000

European Derivatives Trading Volumes Increase 44% on Stronger Fixed Income Product Activity;
Largest U.S. Equity Options Exchange Group with Market Share of 27% in February 2010;

Newedge Starts OTC Interest Rate Swap Product Clearing with International Derivatives Clearinghouse

jschieffer — Wed, 10 Mar 2010 19:31:16 +0000

Newedge USA, LLC, a global leader in multi-asset brokerage and clearing, and the International Derivatives Clearing Group, LLC (IDCG) announced today that Newedge has finalized its membership with the International Derivatives Clearinghouse LLC (IDCH), a derivatives clearing organization regulated by the U.S. Commodity Futures Trading Commission (CFTC).

FSB Launches Initiative to Promote Global Adherence to International Cooperation and Information Exchange Standards

jschieffer — Wed, 10 Mar 2010 18:37:28 +0000

The Financial Stability Board today launched an initiative to encourage the adherence of all countries and jurisdictions to international financial standards, including by identifying non-cooperative jurisdictions and assisting them to improve their adherence.

ICE Futures U.S. Announces May 3 Introduction of Russell 1000 Growth and Russell 1000 Value Indexes

jschieffer — Wed, 10 Mar 2010 18:32:53 +0000

ICE Futures U.S., a leading regulated U.S. futures exchange for global agricultural, equity index and currency markets, today announced the introduction of two new futures contracts based on Russell Investments' industry-leading U.S. stock indexes. The Russell 1000(R) Growth and Russell 1000(R) Value Index futures contracts will begin trading on May 3, 2010.