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ISDA appoints O'Connor as chairman


07 June 2013 New York
Reporter: Georgina Lavers

The board of directors for the International Swaps and Derivatives Association (ISDA) has appointed Stephen O’Connor as full-time chairman...
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Citi scoops up prime brokerage mandate


06 June 2013 Caymans
Reporter: Georgina Lavers

Citigroup was appointed by Altera Absolute Russia, the Cayman-based fund, to provide prime brokerage, fund accounting and transfer agency services...
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Mackenzie makes a beeline for Citi’s services


05 June 2013 Hong Kong and Singapore
Reporter: Jenna Jones

Mackenzie Investments has selected Citi to provide a complete suite of fund administration, middle office, collateral management and transfer agent services in support of its portfolio advisory and fund management activities in Asia...
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Wells Fargo recruits for new client trade services group


05 June 2013 Charlotte
Reporter: Jenna Jones

Wells Fargo Securities, the capital markets and investment banking business of Wells Fargo & Company, has announced the formation of a new client trade services group within Wells Fargo Securities’ Markets division...
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Short selling regulation needs some fine-tuning


05 June 2013 Paris
Reporter: Mark Dugdale

The EU’s new short selling regulation has had a positive effect on market transparency and reducing the risk of settlement failure in Europe, but adjustments do need to be made, the European Securities and Markets Authority has found...
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May volume spikes for OneChicago


04 June 2013 Chicago
Reporter: Georgina Lavers

OneChicago, an equity finance exchange, announced May 2013 volume of 1,094,616, an increase of 322 percent compared with the same period in 2012...
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OCC enjoys May increases


04 June 2013 Chicago
Reporter: Mark Dugdale

OCC's securities lending central counterparty activities saw a 46 percent increase in new loans over May 2012 with 121,016 transactions last month...
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BNY Mellon expands bilateral margining


03 June 2013 New York
Reporter: Georgina Lavers

BNY Mellon has ramped up its DM Edge product in the wake of recommendations from the Federal Reserve bank...
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Asset manager Dimensional chooses Citi


03 June 2013 Sydney
Reporter: Georgina Lavers

Global funds manager Dimensional has appointed Citi’s securities and fund services as back office provider to its Australian funds...