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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...
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Another attempted boost for India's SLB market


31 May 2013 Mumbai
Reporter: Georgina Lavers

Indian regulator SEBI announced that it will increase the number of stocks allowed to be borrowed and lent, in efforts to ramp up the securities lending market in the country...
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The FTT: Perverse and unacceptable


30 May 2013 London
Reporter: Georgina Lavers

A recent paper has warned that current EU proposals for a Financial Transactions Tax (FTT) will drive business away from London and to New York...