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Pico selects InRush


20 May 2011 Woburn
Reporter: Justin lawson

Redline Trading Solutions has had its InRush Accelerated Ticker Plant selected for Pico Quantitative Trading’s (PQT) new managed solution specifically designed for its multi-asset electronic trading clients...
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Opportunities Abound Despite Regulatory Hurdles


19 May 2011 London
Reporter: Will Duff Gordon

Will Duff Gordon looks forward to the Data Explorers New York Securities Financing Forum where leading professionals will gather to discuss regulation and the tensions within the securities finance industry, along with some ground breaking new academ
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Shearman & Sterling advises SIX x-clear


19 May 2011 London
Reporter: Justin Lawson

Shearman & Sterling has advised SIX x-clear AG (x-clear), a subsidiary of SIS Swiss Financial Services Group AG, on its arrangements to become an interoperable clearing house and central counterparty alongside LCH.Clearnet Limited.
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Healthnostics addresses unusual trading


18 May 2011 New York
Reporter: Steven Lafferty

Healthnostics, having previously issued guidance regarding short-sales of Healthnostics, Inc. common stock have noticed unusual trading activity has continued, involving new market-makers, a significant increase in volume and illegal naked short sell
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Charriere joins EquiLend


17 May 2011 London
Reporter: Justin Lawson

Emmanuelle Charriere has been named business development associate, based in London, where she is responsible for working with existing and prospective clients.
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ParAccel take on Minder


17 May 2011 Campbell
Reporter: Steven Lafferty

ParAccel, Inc. has appointed Minder Cheng to its strategic advisory board. Cheng brings more than two decades of experience as a pioneer and leader with several of the world’s leading financial services organisations......
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Scott McLaren joins Brown Brothers Harriman


17 May 2011 Hong Kong
Reporter: Justin Lawson

Brown Brothers Harriman has hired Scott McLaren as head of relationship management and sales for Asia to strengthen its services and business development in the region. In his new position, McLaren reports to Bill Rosensweig, managing director.....
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Euroclear's Xtrackter and SIX Telekurs agree pricing data expansion


17 May 2011 London
Reporter: Steven Lafferty

Xtrakter, has welcomed SIX Telekurs as the first data vendor to access the Mark-to-Market valuation service, known as XM2M. SIX Telekurs clients now have pricing data on over 45,000 domestic and international fixed-income instruments, including......
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ICMA publishes 2011 Global Master Repurchase Agreement


16 May 2011 Zurich
Reporter: Justin Lawson

The International Capital Market Association (ICMA), has published the 2011 version of the Global Master Repurchase Agreement (GMRA); the most widely used legal agreement for documenting transactions in the cross-border repo market.
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BTIG enhances multi-prime solution


13 May 2011 New York
Reporter: Steven Lafferty

BTIG, LLC, has added J.P. Morgan Clearing Corp. (J.P. Morgan) as a clearing agent and custodian for its Prime Brokerage platform. BTIG Prime Brokerage will now offer its clients both J.P. Morgan Clearing Corp. and Goldman Sachs Execution & Clearing
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UK to fight EU short selling curbs


12 May 2011 London
Reporter: Ben Wilkie

The UK is to argue that EU proposals granting European regulators the power to ban short selling during financial crises may be unworkable...