Bruce Turner has joined securities firm Interactive Brokers as vice president of securities lending services. He reportedly left his role as co-CEO of Quadriserv in May...
Billionaire investor George Soros recently took a large stake in Herbalife—the weight management and nutritional supplement firm—but short sellers aren’t buying into the rising share prices, say SunGard...
A “healthy majority” of large asset managers have embraced their securities lending programmes to generate both revenue and liquidity, but challenges remain, according to Finadium’s 2013 survey...
Timothy Keenan has left Quadriserv after four years at the company. Prior to this role he had worked at Barclays Capital, and was the global repo product manager at Credit Suisse First Boston...
Over a year has passed since Professor John Kay published his report on equity markets—commissioned by the UK government—and the industry has still not changed, say critics...
New risk retention rules will dramatically shrink the collateralised loan obligation market, and prime brokers will not help the situation, said The Loan Syndications and Trading Association in a letter to US regulators...
OneChicago saw its equity futures volume rise in July, beating the previous year by 58 percent. Open interest stood at 611,092 contracts on the equity finance exchange at the end of July 2013, up 36 percent year-over-year...
