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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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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...
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OCC volume increases 35 per cent


01 March 2011 Chicago
Reporter: Ben Wilkie

Total OCC cleared volume in February reached 357,275,834 contracts. This represents a 35 per cent increase over the February 2010 volume of 264,435,951 contracts...
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Eurex continues to grow


01 March 2011 Frankfurt
Reporter: Ben Wilkie

Average daily volume of 10.3 million contracts at Eurex Group in February Eurex Repo continues to grow in all markets...
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EuroCCP to Clear Trades for the Spanish MTF, PAVE


01 March 2011 London
Reporter: Steven Lafferty

EuroCCP, the pan-European cash equities clearing house, has signed a memorandum of understanding (MOU) with PAVE, (Plataforma Alternativa de Valores Españoles), Spain’s first multilateral trading facility (MTF), to become the clearing house for PA
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NBAD to launch Shariah repos


28 February 2011 Abu Dhabi
Reporter: Ben Wilkie

The National Bank of Abu Dhabi has announced that it is to launch an Islamic repo product within the next fortnight...
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Canada to relax short selling rules


28 February 2011 Toronto
Reporter: Ben Wilkie

The Investment Industry Regulatory Organisation of Canada (IIROC) has announced plans to remove restrictions on short selling in falling markets...
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ISLA seeks topics for conference


24 February 2011 London
Reporter: Ben Wilkie

The organisers of the forthcoming ISLA/AFME International Âé¶¹´«Ã½ Lending Conference in Portugal in June are soliciting industry views for topics to be discussed during round table sessions...
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Northern Trust to acquire BOISS


24 February 2011 Dublin
Reporter: Ben Wilkie

Northern Trust has reached an agreement to acquire the fund administration, investment operations outsourcing and custody business of the Bank of Ireland Group, Bank of Ireland Âé¶¹´«Ã½ Services (BOISS)...
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Viking Global sues Porsche


23 February 2011 New York
Reporter: Ben Wilkie

Viking Global Investors is suing Porsche over short selling losses the company incurred during the takeover of Volkswagen...
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Tree Top under fire from short sellers


23 February 2011 New York
Reporter: Ben Wilkie

The common stock of Tree Top Industries experienced another rash of naked short selling, verified according to FINRA...