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MF Global acquires Washington Research Group


27 October 2010 New York
Reporter: Justin Lawson

Concept Capital, has announced that it has entered into an agreement to sell its Washington D.C. based research division, the Washington Research Group, to MF Global Holdings Ltd.
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Norwegian CCP Update


26 October 2010 Oslo
Reporter: Steven Lafferty

Clearstream and the Norwegian central counterparty (CCP), are cooperating in the area of collateral management. Clearstream customers can cover their margin exposure to Oslo Clearing ASA through.....
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EU Council of Ministers Reaches Agreement on AIFM Directive


25 October 2010 London
Reporter: Justin Lawson

The European Union Council of Ministers announced that agreement had been reached at its ECOFIN meeting on a compromise text of the proposed Alternative Investment Fund Managers Directive (AIFMD).
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Spectral gets Spalding


25 October 2010 Seattle
Reporter: Justin Lawson

Spectral Capital Corporation appoints Stephen Spalding as Chief Financial Officer and Director.
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SEC appoints chief information officer


24 October 2010 Washington, D.C.
Reporter: Steven Lafferty

The Securities and Exchange Commission has recently announced that Thomas A. Bayer has been appointed as the SEC's new Chief Information Officer (CIO) and will oversee the agency's information technology functions.
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No short selling here!


23 October 2010 Scottsdale
Reporter: Justin Lawson

DeFi Global Reports Positive Results From Compliance Monitoring Firm BUYINS.NET
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Information Mosaic expands with new KL office


22 October 2010 New York
Reporter: Justin Lawson

Information Mosaic has appointed James Wayne as Director of Sales, APAC, and opened a new office in Kuala Lumpur to complement existing offices in Singapore, Melbourne and New Delhi.
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Japan extends short selling rules


22 October 2010 Tokyo
Reporter: Ben Wilkie

The Japanese FSA has announced that short selling restrictions will remain in place until the end of January 2011...
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SSgA to Acquire Bank of Ireland Asset Management


22 October 2010 Boston
Reporter: Steven Lafferty

State Street Global Advisors (SSgA), announced today that it has agreed to acquire Bank of Ireland Asset Management (BIAM) for consideration of approximately EURO57 million.
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Subdued results from TradeStation


21 October 2010 New York
Reporter: Ben Wilkie

TradeStation Group has reported 2010 third quarter net revenues of $29.6 million, net income of $3.1 million, and earnings per share of 8 cents...
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Securities Lending survey ranks CIBC Mellon 1st in four categories


21 October 2010 Toronto
Reporter: Justin Lawson

CIBC Mellon Global Securities Services Company placed No. 1 in four categories in one of the industry magazine's 2010 Equity Lending Survey. The company also ranks fourth overall (unweighted) among the world's largest global securities lending
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China to let brokerages borrow stocks and cash


21 October 2010 Shanghai
Reporter: Ben Wilkie

China plans to allow brokerages to borrow stocks and cash to fund their margin trading and short selling business, the Shanghai Securities News has reported...