The UK’s Financial Services Authority (FSA) has confirmed its plans to lift a ban on the short-selling of UK financial stocks on 16 January – the expiry date originally given when restrictions were imposed on 18 September last year.
Tag: Industry issues
The severe impact of the financial crisis on hedge fund performance and profitability will cause a dramatic cut in information technology spending in 2009, according to research and consulting firm Celent.
European equity trading values slumped to their lowest level of the year during November, according to the latest market share report from data provider Thomson Reuters.
The bankruptcy of investment bank Lehman Brothers has prompted hedge funds to reassess their counterparty risk exposures when trading over-the-counter (OTC) derivatives, according to Ian Mainwaring, head of the alternative investments practice at investment management consultancy Citisoft.
US buy-side firms directed more order flow to sell-side brokers’ sales traders in response to recent equity market volatility, a new Tabb Group report claims.