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Eurex Clearing adds member to swaps service


02 September 2013 Frankfurt
Reporter: Georgina Lavers

Eurex Clearing has welcomed Deutsche Zentral-Genossenschaftsbank, Frankfurt/Main (DZ BANK) as a new member of EurexOTC Clear for Interest Rate Swaps...
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The Fed addresses reverse repo


30 August 2013 New York
Reporter: Georgina Lavers

The US Federal Reserve has suggested establishing a fixed-rate, full-allotment overnight reverse repurchase agreement facility as an additional tool for managing money market interest rates...
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Stephen Kiely leaves Citigroup


29 August 2013 London
Reporter: Jenna Jones

Stephen Kiely has resigned from his current role as director of client and sales management at Citigroup...
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BlackRock is victorious in lending lawsuit


29 August 2013 Tennessee
Reporter: Georgina Lavers

A judge has dismissed a lawsuit against BlackRock that accused the asset management firm of setting up an excessive fee structure “designed to loot securities lending returns properly due to iShares investors"...
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ConvergEx Group promotes Ardell


29 August 2013 New York
Reporter: Georgina Lavers

In a recent spate of hires, ConvergEx Group announced that it has named Gary Ardell chief information officer. With this appointment, Ardell joins the company’s executive committee...
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Brazil gets its first lending association


28 August 2013 New York
Reporter: Georgina Lavers

A Brazilian securities lending association has been launched in order to enhance the image and understanding of the market for new participants...
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SL-x makes key hires


27 August 2013 New York
Reporter: Georgina Lavers

SL-x Group, an electronic trading marketplace for stock lending transactions, has appointed a chief financial officer, general counsel, and strategy director...
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ConvergEx hires ex-SunGard employees


22 August 2013 New York
Reporter: Georgina Lavers

ConvergEx Group, a provider of global brokerage and trading‐related services, is expanding its institutional clearing business...