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FundsNetwork appoints Bravura


10 January 2014 London
Reporter: Daniel Jackson

FundsNetwork has selected software provider Bravura Solutions to support part of its multi-year programme aimed at enhancing the platform for advisers and their clients...
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Russia/Armenia link solidified


10 January 2014 Moscow
Reporter: Georgina Lavers

A partnership between Russia and Armenia has been confirmed, after the National Settlement Depository (NSD), Russia’s central securities depository, and the Central Depository of Armenia (CDA) signed a memorandum of co-operation...
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First European RQFII ETF appoints HSBC custodian


09 January 2014 Hong Kong
Reporter: Daniel Jackson

HSBC has become the custodian bank for the first RQFII ETF (RMB Qualified Foreign Institutional Investor Exchange-traded Fund) to be listed in Europe...
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Eurex pays out for Taiwanese futures exchange


06 January 2014 Taiwan
Reporter: Georgina Lavers

Eurex is acquiring a $47 million stake in theTaiwanese futures exchange TAIFEX, in a step forward for Deutsche Börse Group’s Asia strategy...
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SGX experiences trading peak for derivatives


06 January 2014 Singapore
Reporter: Georgina Lavers

Singapore Exchange (SGX) recorded trading highs in derivatives trading for 2013, but noted that securities trading has declined...
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Eurex trading volume down in 2013


03 January 2014 London
Reporter: Daniel Jackson

The international derivatives markets of Eurex Group ended 2013 with a turnover of approximately 2.2 billion contracts, a reduction of 100 million year-on-year...
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Russian depository rated as low risk


02 January 2014 Moscow
Reporter: Georgina Lavers

Thomas Murray, the custody rating, risk management and research firm, has maintained the CSD rating for Russia’s National Settlement Depository (NSD) at AA-, which translates as ‘very low overall risk’...
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DTCC puts ISO to the test


24 December 2013 New York
Reporter: Georgina Lavers

DTCC has begun testing ISO 20022 inbound instruction messages, with the aim of providing greater accuracy and efficiency to corporate actions processing for its clients...
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Forward redemptions rise in December


23 December 2013 Connecticut
Reporter: Georgina Lavers

The SS&C GlobeOp Forward Redemption Indicator for December 2013 measured 5.9 percent, up from 5.09 percent in November...
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MarkitSERV reports to Hong Kong's TR


20 December 2013 Hong Kong
Reporter: Georgina Lavers

MarkitSERV, Markit's global electronic trade processing service for OTC derivatives, is reporting interest rates and FX derivative trades to the trade repository operated by the Hong Kong Monetary Authority. ...