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Greece bans short selling again


10 August 2015 Athens
Reporter: Drew Nicol

Greece has instituted another four-week ban on short selling, but this time with a new exemption for market makers...
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AcadiaSoft speeds to market with Xpress


10 August 2015 Norwell, Massachusetts
Reporter: Drew Nicol

AcadiaSoft, an electronic margining provider of over-the-counter derivatives, has launched its latest platform offering, MarginSphere Xpress…
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FSB delays due to asset managers’ concerns


07 August 2015 Basel
Reporter: Mark Dugdale

The Financial Stability Board has decided to delay finalising the assessment methodologies for non-bank, non-insurer global systemically important financial institutions...
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Cowen presses ahead with prime expansion


06 August 2015 New York
Reporter: Mark Dugdale

Cowen Group has continued its acquisition spree in the prime brokerage space with the purchase of Conifer Securities...
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Lombard Risk hires Lees as sales director


05 August 2015 London
Reporter: Stephanie Palmer

Lombard Risk has grown its senior management team by appointing Kieran Lees to the role of global sales and marketing director...
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UAE authority approves NBAD for lending activity


05 August 2015 Abu Dhabi
Reporter: Stephanie Palmer

The Securities and Commodities Authority in the UAE has granted approval for the National Bank of Abu Dhabi to engage in securities lending and borrowing activities, making it the first bank to receive approval...
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Nordic custody win for BNY Mellon


04 August 2015 Copenhagen
Reporter: Stephanie Palmer

BNY Mellon has been selected to provide custody and securities lending services for Danish insurance company Topdanmark A/S...
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Record-breaking July a relief for OCC


04 August 2015 Chicago
Reporter: Stephanie Palmer

OCC saw record levels of cleared contract volumes in July 2015, however year-to-date volumes are still behind last years’ figures...
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Summer success for OneChicago


04 August 2015 Chicago
Reporter: Stephanie Palmer

OneChicago saw volumes of 1.16 million in July 2015, an impressive 44 percent increase on July last year...
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Strong Q2 for BNP Paribas


03 August 2015 Paris
Reporter: Stephanie Palmer

BNP Paribas has seen significant increases in its securities services and prime services revenues in Q2 of 2015...
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Stable funding key to expansion, says Wolters Kluwer


03 August 2015 London
Reporter: Stephanie Palmer

Banks should be cautious about expanding their business and should avoid an over-reliance on wholesale funding, according to Wolters Kluwer Financial Services...
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Citi’s Pat Curtin takes on global custody role


03 August 2015 New York
Reporter: Stephanie Palmer

Pat Curtin has taken on the role of head of sales and client management for global custody at Citi, which will also cover fund services and agency lending...