Company founder of Green Mountain Coffee Roasters Robert Stiller was forced by his bankers to sell $125.5 million of stock after borrowing against his own shares...
11 May 2012London and New York Reporter: Mark Dugdale
Financial information services company Markit has agreed to purchase Cadis, an enterprise data management provider. The deal follows Markit’s acquisition of securities lending data provider Data Explorers in April...
Post-trading services provider Clearstream of the Deutsche Börse Group has released its April 2012 global securities financing (GSF) services figures. For GSF services, the monthly average outstanding reached €570.7 billion...
Moody’s are considering industry-wide downgrades, with Morgan Stanley taking a potential $9.6 billion hit. After US financial stocks fell, the bank stated that counterparties may call $7.21 billion in additional collateral...
Credit ratings agency Moody’s Investor Service has reacted negatively to the Wells Fargo Âé¶¹´«Ã½ acquisition of Merlin Âé¶¹´«Ã½ LLC, a prime brokerage and technology provider based in San Francisco and New York...
Sweden-based exchange and clearing company NASDAQ OMX Stockholm (OMX STO) set up three clearing funds to mutualise risk, and revised its collateral management structure so as not to rely too heavily on custodians that are also clearing members...
The training company's new securities lending education programme, which is aimed at professionals who want to develop an understanding of the industry, will be taught online...
In April 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.9 million contracts, a 0.4 million increase year-on-year...
OneChicago (OCX), an equity finance exchange, today announced that a total of 228,685 security futures contracts were traded in the month of April 2012...
OCC announced that cleared contract volume reached 321.9 million contracts in April, a 5 per cent decrease from the April 2011 volume of 338.6 million contracts...
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