Euroclear Bank and Clearstream have developed a new industry framework to increase transparency and efficiency for the issuance and asset servicing of international securities in collaboration with the International Securities Market Advisory Group (
OCC figures show overall cleared volumes reached 338,562,433 contracts in April, representing a 7 percent decrease from April 2010. However, volume decline was primarily in options contracts as securities lending volumes continued to rise.....
The Australian Securities and Investments Commission (ASIC) has made a minor amendment to ASIC Class Order [CO 09/774] Naked short selling relief for market makers ([CO 09/774]), which allows licensed market makers to short sell securities in the....
Midas Special Fund, a mutual fund investing aggressively for capital appreciation, has changed its name to Midas Magic, Inc. The Fund will continue to be available under its current ticker symbol, MISEX.
The California Public Employees’ Retirement System (CalPERS) has criticised the plan filed by Goldman Sachs and others for the liquidation of Lehman Brothers Holdings Inc. (LBHI)...
BNY Mellon has introduced a series of new services that will improve the infrastructure, operations and systems supporting its tri-party repo clients...
Rockall Technologies, has opened a new office in Dubai. Rockall Tech is expanding its operations within the Middle East to take account of increased interest from the region and to allow the company to serve the ME and North Africa at a local level..