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Hedge funds positive in May


06 June 2014 London
Reporter: Stephen Durham

Hedge fund performance was positive overall in May, rebounding from a slight decline in April, according to eVestment's May 2014 Hedge Fund Performance Report...
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$114 trillion savings from triReduce compression cycles


06 June 2014 London
Reporter: Stephen Durham

TriOptima and LCH.Clearnet members have eliminated $114 trillion in notional principal since December 2013, thanks to the resumption of triReduce compression cycles within LCH.Clearnet’s SwapClear service...
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India strengthens SBL framework


05 June 2014 Mumbai
Reporter: Mark Dugdale

Authorised intermediaries can now enter into securities borrowing and lending agreements with clearing members in India, following market calls for the change...
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BCS appoints Tikhomirov


04 June 2014 London
Reporter: Stephen Durham

BCS Financial Group (BCS) has appointed Vladimir Tikhomirov as its new chief economist...
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Markit launches new iNAV service


04 June 2014 New York
Reporter: Stephen Durham

Markit has launched an enhanced intraday net asset value (iNAV) service for exchange traded products (ETPs)...
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OCC CCP activity in May down 18 percent


03 June 2014 Chicago
Reporter: Mark Dugdale

OCC's securities lending central counterparty activity was down 18 percent in new loans from May 2013, with 99,782 transactions recorded last month...
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Dip in volume for OneChicago


03 June 2014 Chicago
Reporter: Stephen Durham

OneChicago LLC saw a 52 percent year-on-year dip in volume in May 2014, as the total stood at 521,746...
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Average outstanding volume down at Eurex Repo


03 June 2014 Frankfurt
Reporter: Mark Dugdale

Eurex Repo recorded an average outstanding volume of €216.5 billion across the Swiss Franc, Euro Repo and GC Pooling markets in May, down from €228.5 billion in the same month in 2013...
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Bradley Mirkin to Nixon Peabody


03 June 2014 New York
Reporter: Stephen Durham

Nixon Peabody has expanded its government investigations and white-collar defence practice in New York City with the arrival of Bradley Mirkin, former senior litigation counsel at Financial Industry Regulatory Authority (FINRA) Enforcement...
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BlackRock 'bites back at asset manager claims'


02 June 2014 New York
Reporter: Mark Dugdale

BlackRock has reportedly hit back at the Financial Stability Oversight Council for claiming that asset managers’ practice of providing indemnification to securities lenders creates potential for enhanced risks...
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Wells Fargo to pay $62.5 million to end class action


30 May 2014 Minnesota
Reporter: Mark Dugdale

Wells Fargo and a group of institutional investors have agreed to settle their class action litigation over the bank’s alleged misrepresentation of its securities lending programme...