News

Merged Italian fund manager opts for Charles River IMS

Following the acquisition of Prima SGR, Italian Banca Popolare di Milano's asset management firm Anima SGR, has chosen the Charles River Investment Management System to help support its needs once the merger of the two firms takes effect 1 January 2012.

Australian exchange freezes for three hours

Trading in Australia came to a standstill Thursday when all markets on the exchange’s ultra-low latency trading platform – ASX Trade – were suspended for more than three hours.

SGX liquidity ambitions yet to be realised

UBS's David Rabinowitz says the Singapore Exchange's hopes of adding liquidity and reducing volatility through the introduction of all-day trading and the world’s fastest trading engine have yet to be realised.

ASX braced for competition, expects gradual change

Next Monday will mark a new era of competition in Australia’s equity market with the launch of alternative trading system Chi-X Australia. While the Australian Securities Exchange has embraced the impending multi-market environment, the full impact of new market integrity rules may take months if not years to unfold.

Has the Big Bang sputtered to a fizzle?

Twenty-five years after the so-called Big Bang cleared the way for an era of greater securities market competition and efficiency, experienced market participants fear that the industry’s innovative spark is danger of being extinguished.

Asian AUM to nearly double in four years

By 2015, assets under management are expected to nearly double in Asia (ex-Japan and Australia) from their present levels, according to a recent study.