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Maxim Group LLC expands into prime brokerage
04 November 2010 New York
Reporter: Justin Lawson

Maxim Group LLC, a leading full service investment banking, securities and wealth management firm, today announced the appointment of Steven Simmons as a Senior Vice President and head of Maxim's Prime Services division.

Coastal Pacific Mining added to naked short list
04 November 2010 Calgary
Reporter: Justin Lawson

Coastal Pacific Mining Corp. (OTCBB: CPMCF) ("Coastal Pacific" or the "Company"), announced today that BUYINS.NET, reported that Coastal Pacific Mining has been added to the Threshold Security Lists (aka "Naked Short List").

RMA warns SEC against proxy voting changes
03 November 2010 New York
Reporter: Ben Wilkie

The Risk Management Association's (RMA) Committee on Securities Lending has called on the Securities and Exchange Commission to support further study of "empty voting" before making changes to the proxy voting system...

Tradestation hires Kenealy
03 November 2010 Chicago
Reporter: Ben Wilkie

TradeStation Prime Services has added John Kenealy to its team. Kenealy will serve as vice president of TradeStation Prime Services and will head up the company's Chicago office.

EXCLUSIVE: Zirpolo joins Kellner DiLeo and Co.
03 November 2010 New York
Reporter: Justin Lawson

Kellner DiLeo has announced that Rory Zirpolo has joined as Principal and Head of Securities Lending. Zirpolo serves as the portfolio manager of KDC Alpha, a matched book securities lending portfolio.

CCP Update: A story we missed
02 November 2010 London
Reporter: Steven Lafferty

Having missed this while we were away at the RMA Securities Lending Conference we thought we would still share it with you; Catalyst a financial markets consultancy has launched a central counterparty practise.

DTCC begins next step to market transparency
02 November 2010 New York
Reporter: Justin Lawson

The DTCC has begun publishing the financial industry's first index to list average daily interest rates for the multi-billion-dollar daily market in General Collateral Finance (GCF) repurchase agreements (repos).

OCX.NoDiv, launched as an Equity Finance tool
01 November 2010 Chicago
Reporter: Justin Lawson

OneChicago LLC, the only US regulated all-electronic exchange for trading security futures, has created a new single stock futures product called OCX.NoDiv.

dbSelect platform receives ISAE 3000 assurance
01 November 2010 London
Reporter: Steven Lafferty

Deutsche Bank has received independent assurance under the International Standard on Assurance Engagements (ISAE) 3000 on its dbSelect platform, Deutsche Bank's platform for accessing liquid hedge fund strategies.

ICBC to buy Fortis' US broker-dealer unit
01 November 2010 New York
Reporter: Ben Wilkie

Industrial and Commercial Bank of China is to buy the US broker-dealer operations of Fortis Bank...

Former trader jailed
01 November 2010 New York
Reporter: Ben Wilkie

A former trader who worked at Morgan Stanley and Bank of America has been jailed for conspiring to place business with certain brokerages in return for kickbacks.

Steady results from Northern Trust
29 October 2010 Chicago
Reporter: Ben Wilkie

Although securities lending revenues declined, Northern Trust Corporation has reported third quarter net income per common share of $.64, compared with net income per common share of $.77 in the third quarter of 2009 and $.82 per common share in the