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Quadriserv to serve up repo platform


19 December 2012 New York
Reporter: Mark Dugdale

Quadriserv is working on a central counterparty (CCP)-based platform for equity repo, the firm has revealed. OCC will serve as the CPP clearer for AQS Repo, which has gained support from repo industry participants...
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ESMA starts clock on UCITS guidelines compliance


19 December 2012 Paris
Reporter: Mark Dugdale

National authorities of EU member states have two months to let the European Securities and Markets Authority (ESMA) know whether they will comply with its consolidated guidelines on exchange-traded funds (ETFs) and other UCITS issues...
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General treasurer hires new chief investment officer


18 December 2012 Rhode Island
Reporter: Jenna Jones

Rhode Island’s general treasurer, Gina Raimondo has appointed Anne-Marie Fink as the new chief investment officer/deputy treasurer of finance, responsible for managing the state’s $7.3 billion dollar pension fund...
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Citi bags big Swedish hedge fund manager mandate


18 December 2012 Stockholm
Reporter: Mark Dugdale

Citi will provide prime brokerage, custody and depository services to the recently launched Carve fund from Sweden's largest hedge fund manager, Brummer & Partners...
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BNY Mellon promotes Keaney to CEO of Investment Services


17 December 2012 New York
Reporter: Jenna Jones

BNY Mellon has appointed Timothy Keaney as CEO of Investment Services as the firm aligns its asset servicing, corporate trust, depositary receipts, global markets, global collateral services, broker dealer services and Pershing businesses under his l
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BrokerTec and MTS release RepoFunds Rate


17 December 2012 London
Reporter: Mark Dugdale

A fixed income trading platform and an electronic trading venue have teamed up to launch the RepoFunds Rate daily repo index for eurozone sovereign bonds...
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SIX acquires Oslo Clearing


17 December 2012 Zurich
Reporter: Jenna Jones

SIX has agreed to purchase Oslo Clearing—which deals with CCP clearing of financial directives and securities lending products—from Oslo Børs...