Lyxor Asset Management, a wholly owned subsidiary of French broker Société Générale, has listed its Thailand-based exchange-traded fund (ETF) on NYSE Euronext's Paris market. This marks the first listing of a SET50-based ETF outside Asia.
Capco, the financial services consultancy, has appointed Andrew Tarver as the company's UK chief executive officer. Tarver was previously a partner in Capco's UK capital markets team; Ismail Amla, the previous UK CEO, will now head the firm's North American practice.
US buy-side industry body the Investment Company Institute (ICI) has cautioned the Securities and Exchange Commission (SEC) against recommending public, real-time disclosure of short-selling positions in a report to Congress, due before Friday 22 July.
Nomura, a Japan-based investment bank, has announced the further enhancement to its NXT Direct electronic trading suite with the addition of a fourth US data centre in Secaucus, New Jersey, adding to existing sites at Carteret, Mahwah and Weehawken.
Auerbach Grayson, a New York-based broker specialising in global trade execution and research services, has announced a partnership with IS Investment, the investment banking arm of Turkey-based Isbank.
The London Stock Exchange Group (LSEG) has seen its overall revenues for the three months to 30 June 2011 increase 14% over the same quarter for the previous year to £190 million, despite the continued low trading volumes in the equity market.
TG OPTIMA, a supplier of trading technology, has launched Investment Optimizer, a quantitative platform designed to better align trading decisions with investment intentions.
CA Cheuvreux, the European agency broker owned by French banking group Credit Agricole, has filed with UK regulator the Financial Services Authority to convert its BLINK crossing network into a multilateral trading facility.
Despite the low trading volumes that have characterised Europe's equity markets in 2011, alternative trading venues Liquidnet and Chi-X Europe are proving resilient.