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AIFMD is now live


22 July 2013 London
Reporter: Georgina Lavers

The deadline for the Alternative Investment Fund Managers Directive has passed. Alternative investment fund managers established within the EU must have been authorised from 22 July...
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Moody's assigns Aa2 rating to State Street receipts


19 July 2013 Nevada
Reporter: Georgina Lavers

Moody's Investors Service has assigned a long-term rating of Aa2 to State Street Bank & Trust Co. Custody Receipts, Series 57 relating to Clark County School District...
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Citi mandated for Mirae/Horizons ETF


19 July 2013 New York
Reporter: Georgina Lavers

Citi has been mandated by Mirae Asset to provide fund administration, custody and index receipt services for a new ETF platform in the US under the Horizons brand...
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First Names Group picks up second purchase


18 July 2013 Jersey
Reporter: Georgina Lavers

First Names Group has completed its acquisition of The Basel Group following exchange of contracts and regulatory approval in Jersey and the British Virgin Islands...
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Clearstream signs up LatAm transfer agent


18 July 2013 Panama
Reporter: Georgina Lavers

Clearstream is seeking to strengthen its business in the LatAm markets, by signing Latin Clear Panama as the first transfer agent to join its investment funds platform, Vestima...
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SunGard puts confidence in Poland with new mandate


17 July 2013 Warsaw
Reporter: Georgina Lavers

Dom Inwestycyjny Investors S.A. (DI Investors), an independent Polish brokerage house, has selected SunGard’s Valdi to provide a front-to-back trading and direct market access connectivity solution to the Warsaw Stock Exchange...
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Traiana gains support of Barclays


17 July 2013 New York
Reporter: Georgina Lavers

Traiana, a provider of pre-trade risk and post-trade processing solutions, announced that its pre-trade clearing certainty initiative continues to gain momentum and has received the support of futures commissions merchants...
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Two European CCPs merge


17 July 2013 Amsterdam
Reporter: Georgina Lavers

EMCF and EuroCCP today announce that the sale and purchase agreement has been signed to form a new pan-European cash equities clearing house that builds on the strengths of both firms...
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New Canadian stock exchange competes with TMX


16 July 2013 Toronto
Reporter: Georgina Lavers

Aequitas Innovations has entered the Canadian capital markets to establish a new stock exchange that promises to restore what it calls the “original purpose” of an exchange...