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CIBC Mellon gains Front Street Capital mandate


23 February 2016 Toronto
Reporter: Drew Nicol

CIBC Mellon is set to provide securities lending administration, custody and fund accounting services to Front Street Capital’s 25 funds...
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China removes head regulator


22 February 2016 Beijing
Reporter: Drew Nicol

The head of the China Securities Regulatory Commission, Xiao Gang, was replaced on 20 February, according to multiple sources...
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Trad-X and Eurex Clearing launch CCP swap service


22 February 2016 London
Reporter: Drew Nicol

Trad-X, a global interest rate derivatives platform provider, has implemented a new central limit order book for EurexOTC cleared products to tackle European Market Infrastructure Regulation requirements...
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Bats and co take capital plan objection to court


22 February 2016 Washington DC
Reporter: Mark Dugdale

Opponents of Options Clearing Corporation’s recently approved capital plan have taken their case to court in a bid to have the Securities and Exchange Commission’s decision overturned...
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BM&F Bovespa sec lending soars


22 February 2016 São Paulo
Reporter: Drew Nicol

Brazilian central counterparty BM&FBovespa saw its year-on-year securities lending results for Q4 2015 achieve a 27.5 percent increase on Q4 2014...
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FIS hot stocks: 8 February


22 February 2016 London
Reporter: Drew Nicol

ArcelorMittal, Wayfair and Daihatsu Motor all took top spots for each region in the FIS Astec Analytics hot stocks list for the week beginning 8 February...
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SEC offers new liquidation rule for broker-dealers


18 February 2016 Washington DC
Reporter: Drew Nicol

The US Securities and Exchange Commission has proposed a new rule to make the liquidation process for large broker-dealers more orderly and efficient...
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OCC welcomes ISE Mercury Options Exchange


18 February 2016 Chicago
Reporter: Drew Nicol

ISE’s newly launched options exchange, ISE Mercury, has become an Options Clearing Corporation (OCC) participant exchange...
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Hong Kong Exchange updates short selling list


17 February 2016 Hong Kong
Reporter: Drew Nicol

The Stock Exchange of Hong Kong has added 32 additional securities to its short selling list and removed 12 existing designated securities, effective 19 February...
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Hedge funds weather European banking storm


17 February 2016 Paris
Reporter: Drew Nicol

Renewed selling pressure has translated into sharp losses for risk assets lately, with the European banking sector at the forefront of the selloff, says Lyxor Asset Management...