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ConvergEx Grows its NorthPoint Business


09 August 2010 New York
Reporter: Steven Lafferty

ConvergEx Group, has announced that it has expanded NorthPoint Trading Partners, its recently acquired boutique prime services business, with four new hires.
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RBC Dexia appoints Thompson as CFO


09 August 2010 London
Reporter: Justin Lawson

RBC Dexia Investor Services has appointed John W. Thompson to the post of Chief Financial Officer (CFO), subject to regulatory approval. Based in Toronto and reporting to CEO Jose Placido, he is scheduled to join today, August 9, 2010.
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BlackRock looks to ETFs for shorts


08 August 2010 New York
Reporter: Ben Wilkie

BlackRock has applied for regulatory approval for the right to sell short when running exchange traded funds that track market indices.
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OCC contract volume down


06 August 2010 Chicago
Reporter: Justin Lawson

The Options Clearing Corporation (OCC) announced today that total OCC cleared volume in July reached 279,245,228 contracts, representing a 9% decrease over the July 2009 volume of 307,085,331 contracts.
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Strong July figures from Clearstream


06 August 2010 Brussels
Reporter: Ben Wilkie

In July 2010, the value of assets under custody held on behalf of customers by Clearstream registered an increase of four per cent to EUR10.8 trillion (compared to EUR10.4 trillion in July 2009).
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DTCC Launches Equity Derivatives Reporting Repository


05 August 2010 London
Reporter: Steven Lafferty

The Depository Trust & Clearing Corporation (DTCC) announced today two significant developments: 1) the launch of its Equity Derivatives Reporting Repository (EDRR) and 2) FSA approval of DTCC Derivatives Repository Ltd subsidiary.
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Merlin introduces new reporting functionalities


05 August 2010 San Francisco
Reporter: Justin Lawson

Merlin Securities, has launched new reporting functionality which will enable funds to more precisely articulate their performance for today's sophisticated institutional investors
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BTIG Continues Prime Brokerage Expansion


05 August 2010 Boston
Reporter: Justin Lawson

BTIG LLC, has announced the continued expansion of its Prime Brokerage platform with the addition of Mike McCuin and Adrianne Schulte who have joined BTIG to broaden its Prime Brokerage offering. They join BTIG's Boston office
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Northern Providence Investments selects RBC Dexia


05 August 2010 Toronto
Reporter: Steven Lafferty

RBC Dexia IS this week announced it has been appointed by Northern Providence Investments to provide custody, fund valuation and shareholder recordkeeping for that company's entire family of 14 SRI (socially responsible investment) funds.
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BNY Mellon Enhances Reporting Capabilities


05 August 2010 New York
Reporter: Justin Lawson

BNY Mellon Asset Servicing, has enhanced its Workbench platform to help institutional investors comply with new accounting standards.
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Deutsche Bank Strengthens Global Prime Finance


04 August 2010 New York
Reporter: Steven Lafferty

Deutsche Bank today announced two hires within its Institutional Client Group. Sean Duff has joined as a Director in the capital introduction group and Zachary Rubin has joined as a Director in Global Prime Finance Sales.