Lyxor Asset Management, a wholly-owned subsidiary of French investment bank Société Générale, has appointed Herman Chen as head of Lyxor exchange-traded funds distribution for the Asia-Pacific region
Singapore Exchange will add eight more American depository receipts to its GlobalQuote board on 18 May. All the ADRs are fungible with those listed in the US and allow investors to manage their exposure to these companies outside of US trading hours.
Bank of America Merrill Lynch has partnered with ETF Securities, a specialist issuer of exchange-traded products, to launch its IVSTOXX ETF, the first exchange traded fund linked to European equity volatility, on Deutsche Börse.
Exchange operator Nasdaq OMX has teamed up with securities financing information provider Data Explorers to launch a new index, which it claims will boost liquidity and help protect both long and short investors.
UBS Investment Bank has launched a new suite of algorithms and tactical order types for trading US listed options that will be added to its existing suite.
Brazilian exchange BM&F Bovespa has started the calculation and publication, in real time, of four new indices, which together will make it possible to create exchange traded funds.
Following a meeting of the European Parliament's Economics and Monetary Affairs Committee yesterday, MEP Werner Langen, rapporteur for the European markets and infrastructure regulation, will table a paper that will whittle down some of the 975 amendments tabled by MEPs to the original proposals.
Post-trade processing firm Omgeo says its Central Trade Manager platform, used for the central matching of cross-border and non-US domestic equity and fixed income transactions, has seen 40% year-on-year growth in clients for Q1 2011.