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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.

Deutsche Bank reports results
01 November 2010 Frankfurt
Reporter: Ben Wilkie

Deutsche Bank has reported results for the third quarter and first nine months of 2010...

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.

3rd quarter results for SunGard
29 October 2010 Pennsylvania
Reporter: Ben Wilkie

SunGard has reported results for the third quarter ended September 30, 2010. For the quarter, revenue was $1.24 billion, down seven per cent year over year...

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

PGGM to invest in hedge funds
28 October 2010 Amsterdam
Reporter: Ben Wilkie

Asset manager PGGM is planning on making direct investments into hedge funds in a move that it says will increase transparency and reduce costs.

Frommer launches interactive trading community
28 October 2010 New York
Reporter: Justin Lawson

Jeremy Frommer, former Managing Director and Global Head of Prime Services at RBC Capital Markets, has announced the launch of www.HedgeFundLIVE.com, his highly anticipated interactive trading community

Calypso answers CCP regulatory push
27 October 2010 San Francisco
Reporter: Steven Lafferty

Calypso Technology has just announced the launch of its new OTC Client Clearing Service for derivative clearing members (DCM).

The Dossier
27 October 2010 San Francisco
Reporter: Justin Lawson

Merlin Securities, has announced the launch of Merlin Dossier, a one-click solution that allows hedge fund managers to create detailed reports about their funds with up-to-date net performance information.