Tag: Industry issues

FSA to lift shorting ban, extend disclosure regime

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.

Hedge fund IT budgets slashed by one fifth for 2009

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.

Equity trading activity tumbles in Europe

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.

Lehman collapse spurs change in OTC derivatives trading

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.