All industry news

Court case throws up implication for lending agents

19 December 2013 New York
Reporter: Georgina Lavers

In their analysis of the court case between AP-Fonden and BNY Mellon, law firm RPC has stated that the judgement against the bank underscores the need for securities lending agents to act fairly when communicating with their clients...

Equity hedge fund assets achieve five-year high

19 December 2013 New York
Reporter: Daniel Jackson

Institutional investment research firm eVestment found that hedge funds are on track for assets to rise $256 billion in 2013, an 80 percent increase over the rise seen in 2012...

SEC shuts down NIR Capital Management

18 December 2013 North Carolina
Reporter: Georgina Lavers

The Securities and Exchange Commission has charged the managing partners of a North Carolina-based investment advisory firm for compromising their independent judgment...

TradeStation adjusts pricing on equities

18 December 2013 Florida
Reporter: Georgina Lavers

TradeStation has implemented new "unbundled" equities commission pricing designed to benefit traders who trade very actively and seek lower trading costs...

Hedge fund launches fall to three-year low

17 December 2013 Chicago
Reporter: Daniel Jackson

New hedge fund launches declined to the lowest level in nearly three years in Q3 2013, while the number of hedge fund liquidations rose to the highest level since Q4 2012, according to the HFR Market Microstructure Industry Report...

NSD and BNY Mellon collaborate on depository receipts

17 December 2013 London
Reporter: Daniel Jackson

Russian-based investors and brokers will be able to issue and cancel depository receipts in Russian companies thanks to an agreement between the National Settlement Depository (NSD), Russia’s central securities depository, and BNY Mellon...