Following regulatory approval from Luxembourg financial regulator Commission de Surveillance du Secteur Financier, the Group now owns 100 per cent of the company
The announcement follows TMX Group’s strategic investment in VettaFi during H1 2023, through which it acquired approximately 22 per cent of the firm’s common shares
The purchase is expected to take place from June 2024, with the acquisition conducted through a Scheme of Arrangement under the Australian Corporations Act
Northern Trust’s integrated trading solutions outsourced trading desk will support the firm’s equities, derivatives and fixed income asset trading as its sole trading services provider
The SEC has announced that Credit Suisse Securities and two affiliated Credit Suisse entities have agreed to pay more than US$10 million to settle the SEC’s charges that they provided prohibited underwriting and advising services to mutual funds
The report measures the effectiveness of NCAs’ supervision of CCPs’ due diligence and review process of clearing members, in line with requirements outlined in EMIR
GBAM consists of asset management firms that offer a limited range of products, have “a close relationship with clients and a relatively flat organisational structure”, the group explains
