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SECP takes actions against 7 companies


09 March 2011 Karachi
Reporter: Ben Wilkie

The Securities Markets Division of the Securities and Exchange Commission of Pakistan has taken action against seven non-compliant market participants in February...
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Penson files figures


09 March 2011 New York
Reporter: Ben Wilkie

Penson Worldwide Inc. has filed its annual report for 2010.

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DealReporter expands Middle East platform


09 March 2011 Dubai
Reporter: Ben Wilkie

DealReporter has launched an enhanced Middle East service that offers exclusive reporting of regional corporate transactions actively traded by regional and international buysiders, as well as enhanced analytics and boosted aggregation of local news
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FBR exits prime brokerage


08 March 2011 Arlington
Reporter: Ben Wilkie

Investment bank FBR Capital Markets has announced that it is quitting the prime brokerage business.
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Hendel joins Bank of America Merrill Lynch


08 March 2011 New York
Reporter: Justin Lawson

Stuart Hendel will join Bank of America Merrill Lynch as managing director and head of global prime brokerage. In this role, Hendel will be responsible for leading the continued expansion of the company's prime brokerage businesses on a global basis
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EU votes to ban short selling


08 March 2011 Brussells
Reporter: Ben Wilkie

The European Parliament has voted to ban short selling in sovereign bonds and place restrictions on naked short selling...
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Clearstream announces February figures


08 March 2011 Luxembourg
Reporter: Ben Wilkie

In February 2011, the value of assets under custody held on behalf of customers registered an increase of six per cent to €11.3 trillion (compared to €10.7 trillion in February 2010)...
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State Street announces collateral tracking service


07 March 2011 Boston
Reporter: Steven Lafferty

State Street has announced today the launch of a new Collateral Tracking service that helps asset managers and owners accurately assess and manage counterparty risk. Clients can now receive up-to-date reporting on the location and status of all colla
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Brokerage firm BTIG names Curro and Hymans


07 March 2011 New York
Reporter: Justin Lawson

BTIG LLC, a global financial services firm specializing in institutional trading and related brokerage services, today announced it has named Joseph Curro and Robert Hymans as Global Co-Heads of Event Driven Strategies.
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SGX activity on the rise


04 March 2011 Singapore
Reporter: Ben Wilkie

Trading on Singapore Exchange's derivatives and securities markets increased in February from a year earlier...
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State Street expands services to UK PPF


02 March 2011 London
Reporter: Ben Wilkie

State Street Corporation has extended its relationship with the UK’s Pension Protection Fund (PPF) for a further term to provide services to more than £5 billion in assets. It will also offer securities lending services...