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J.P. Morgan commits to UK


22 December 2010 London
Reporter: Ben Wilkie

J.P. Morgan has announced that its new European headquarters will be based in Canary Wharf, London...
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SSGA to launch new Euro ETFs


22 December 2010 London
Reporter: Ben Wilkie

State Street Global Advisors will launch a new range of ETFs across Europe in the first quarter of 2011...
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SEHK adds new stock for short selling


22 December 2010 Hong Kong
Reporter: Ben Wilkie

The Stock Exchange of Hong Kong has announced that Glorious Property Holdings Limited will be added to the list of designated securities eligible for short selling, with effect from December 20, 2010...
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Graven Larsen quits ATP for FIH Erhvervsbank


22 December 2010 Copenhagen
Reporter: Ben Wilkie

Bjarne Graven Larsen, chief investment officer at Denmark's largest pension fund ATP, is moving to take up the role of co-chief executive a FIH Erhvervsbank.
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CECA to extend use of Algo Collateral


21 December 2010 London
Reporter: Justin Lawson

The Spanish Confederation of Savings Banks (CECA) has extended its use of Algorithmics’ collateral management solution to support its members through a period of consolidation in the Spanish market prompted by the recent financial crisis.
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Thompson new chairman of ISLA


20 December 2010 London
Reporter: Ben Wilkie

Richard Thompson, senior vice president at Northern Trust, has been elected chairman of the International Securities Lending Association.
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Wannenmacher leaves Nomura


19 December 2010 Hong Kong
Reporter: Ben Wilkie

Global head of prime services at Nomura Tim Wannenmacher has left his role at Nomura.
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Treadwell joins Citi


17 December 2010 Hong Kong
Reporter: Ben Wilkie

Thomas Treadwell has been hired by Citigroup to expand its prime finance derivatives clearing business in the Asia Pacific region...
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Pakistan plans settlement automation


15 December 2010 Karachi
Reporter: Justin Lawson

The Securities and Exchange Commission of Pakistan (SECP) has approved the project of ‘Automation of Securities Settlement’, at the Central Depository Company of Pakistan Limited (CDC), which will be effective on December 20.
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SGGG Announces first hedge fund appliance


15 December 2010 Toronto
Reporter: Steven Lafferty

SGGG Portfolio Systems, has announced their first appliance built specifically for hedge fund managers. The appliance combines hardware, operating system, and SGGG’s proprietary hedge fund software in a single pre-installed and pre-configured box.
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Citi Launches prime finance business advisory practice


12 December 2010 New York
Reporter: Ben Wilkie

Citi's Prime Finance division has launched its Business Advisory Practice, combining hedge fund industry research and thought leadership with comprehensive consulting services...
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Opes Prime client wins compensation


12 December 2010 Sydney
Reporter: Ben Wilkie

An Australian businessman is believed to be the first client to win compensation from the country's National Guarantee Fund following the collapse of Opes Prime...