Hedge Funds
BNP Paribas buys BofA’s equity prime brokerage business
Published on June 11, 2008.French bank BNP Paribas has signed a definitive agreement to acquire Bank of America’s equity prime brokerage business.
Merrill’s prime brokerage services available on RealTick
Published on June 10, 2008.Trading solutions provider Townsend Analytics has expanded its relationship with investment bank Merrill Lynch to allow buy-side clients to access the bank’s prime brokerage services through Townsend’s RealTick execution management system. RealTick already offers access to Merrill’s electronic execution services.
Gissing launches market data system for hedge funds
Published on June 4, 2008.Gissing Software, a market data solutions provider, has launched the Gissing Hedge Fund Market Data System, a market data integration platform for hedge funds.
First fund floats on specialist LSE market
Published on May 30, 2008.The London Stock Exchange has listed the first investment entity on its new Specialist Fund Market.
Hedge funds relying on prime brokers for execution in new markets
Published on May 28, 2008.Hedge funds are relying on prime brokers for execution services as well as administrative functions when expanding into new territories, according to Matthew Simon, analyst at research and consulting firm TABB Group.
Report predicts boost in prime brokers’ hedge fund revenue
Published on May 9, 2008.
Prime brokerage units will reel in more revenue from hedge funds in 2008 than in previous years, according to a new research report.
Merrill Lynch and TradingScreen to offer prime brokerage product
Published on April 24, 2008.TradingScreen, an execution management system provider, and investment bank Merrill Lynch have teamed up to offer an integrated electronic and prime brokerage solution to their mutual clients.
Conifer Securities acquires Morgan Stanley’s outsourced trading business
Published on April 11, 2008.Conifer Securities, a provider of operation solutions for hedge fund managers, has purchased Morgan Stanley’s outsourced trading business.
RBC forms Global Prime Services Group
Published on April 9, 2008.
RBC Capital Markets has completed the formation of its Global Prime Services Group, designed to consolidate support for hedge fund managers, mutual fund managers and institutional asset managers through a single platform.
ICMA survey shows resilience in European repo market
Published on March 17, 2008.
The International Capital Market Association (ICMA) released the results of its 14th biannual survey of the European repo market Thursday.
