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Tata launches new fund


07 September 2010 Mumbai
Reporter: Ben Wilkie

Tata Mutual Fund has launched a new close ended debt scheme, named Tata Fixed Maturity Plan - Series 27...
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Euroclear Bank launches TaxGenix


06 September 2010 Brussels
Reporter: Justin Lawson

Euroclear Bank has launched an electronic tax relief and reclaim management service - TaxGenixTM.
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RBC Dexia appoints Manoj Ketkar


06 September 2010 London
Reporter: Justin Lawson

RBC Dexia appoints Manoj Ketkar as Director, FX Product Management within its Markets Products & Services division. He will be based in London and will report to Morgan McDonnell, Head of FX Markets & Product
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LVAM add stirling hedge class


06 September 2010 London
Reporter: Steve Lafferty

LV= Asset Management (LVAM), the fund management arm of insurance, investment and pensions group LV=, is enhancing its LV= European ex-UK Growth Fund with the addition of a Sterling hedged share class, in response to growing demand from institutional
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Deutsche Bank opens branch in Copenhagen


06 September 2010 Frankfurt
Reporter: Justin Lawson

Deutsche Bank has recently announced the opening of a branch in Copenhagen, Denmark. The opening of the Copenhagen branch affirms Denmark's importance to the bank as an area of continued growth and opportunity
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TradeStation rings today's NYSE closing bell


02 September 2010 Plantation
Reporter: Justin Lawson

TradeStation Securities, Inc. rung the closing bell at the New York Stock Exchange (NYSE) today to celebrate its recent floor membership and booth presence. The invitation from NYSE is tied to TradeStation's launch of TradeStation Prime Services
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Volumes flat at OCC, but securities lending grows


02 September 2010 Chicago
Reporter: Ben Wilkie

The Options Clearing Corporation (OCC) announced today that total OCC cleared volume in August reached 285,128,314 contracts, representing a one per cent decrease over the August 2009 volume of 287,627,998 contracts...
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EU to crack down on abusive short selling


02 September 2010 Brussels
Reporter: Ben Wilkie

European Union regulators are set to bring in new laws that will ban the abusive short selling of shares and naked selling of credit default swaps and sovereign debt for three months or more..
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Swedish exposure to bankrupt HQ Bank


02 September 2010 Stockholm
Reporter: Steven Lafferty

A number of Swedish banks have announced their exposure to local HQ Bank, which has started a process of involuntary liquidation after the Swedish financial watchdog last Friday revoked all its licences.
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Northern Trust makes key Dutch appointments


01 September 2010 Amsterdam
Reporter: Justin Lawson

Northern Trust has announced that it has appointed Wim van Ooijen as Country Head Northern Trust The Netherlands, succeeding Eric Pouwels, who has been named Director of Strategic Development for Europe, Middle East and Africa (EMEA).
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OneChicago reports August rises


01 September 2010 Chicago
Reporter: Justin Lawson

OneChicago, LLC ("OCX") today reported that 407,036 security futures contracts traded at the Exchange in August 2010, an increase of 53% from August 2009. Year to date volume was 3,598,342, up 128% from 2009.
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Dechert boosts German financial services offering


01 September 2010 Munich
Reporter: Justin Lawson

Dechert LLP adds Achim Puetz to the firm's financial services and investment management group as a partner in Munich. Achim was previously a partner at SJ Berwin, heading the firm's German Financial Markets Group.