Latest Banking News
BATS Exchange To Provide New Line Of Market Data Products
BATS Exchange, a US-based securities exchange, plans to offer a new line of market data products on a subscription basis to members and marketing data recipients, releasing the BATS Last Sale Feed, in spring 2010, pending regulatory approval.
Published: 05-Mar-2010
Evercore Partners To Acquire Stake In Atalanta Sosnoff
Evercore Partners, an independent investment banking advisory firm, has signed an agreement to acquire an interest in New York-based Atalanta Sosnoff Capital, an independent investment advisor.
Published: 05-Mar-2010
Tullett Prebon Acquires OTC Valuations
Tullett Prebon, a UK-based inter-dealer broker, has acquired OTC Valuations, a Canada-based provider of independent derivatives valuation services.
Published: 05-Mar-2010
Treasury Corporation of Victoria To Migrate Back Office Data With Lucsan Lmig
Treasury Corporation of Victoria (TCV), the central financing authority for the State of Victoria, has selected Lucsan Capital's Lmig product for the control and migration of data from its legacy back-office system to Wallstreet Suite from Wall Street Systems.
Published: 05-Mar-2010
FSA Awards Banking Licence To Metro Bank In UK
Financial Services Authority (FSA) has granted a full service banking licence for Metro Bank, a new bank co-founded by Vernon Hill and Anthony Thomson, to operate in UK.
Published: 05-Mar-2010
PFS Launches MasterCard Prepaid Rand Travel Card
In anticipation of a sporting event occurring in South Africa this year, Prepaid Financial Services (PFS) has launched MasterCard Prepaid Rand Travel Card. Issued by Transact Network, the prepaid travel card offers foreign currency in a secure and convenient way. It will be available directly to consumers or through businesses to their staff or consumer base.
Published: 04-Mar-2010
Deutsche Borse Selects Red Hat For Improved Risk Management Functionalities
Red Hat, a provider of open source solutions, said that Deutsche Borse Systems, the IT division of Deutsche Borse, is implementing its Enterprise MRG with the open Advanced Message Queuing Protocol (AMQP) standard and Enterprise Linux, to enable realtime transaction risk management for its financial services clients.
Published: 04-Mar-2010
Eurex To Expand Volatility Derivatives Offering
Eurex is set to expand its offering of volatility index derivatives based on Vstoxx. The new options contract will be launched on 22 March 2010 and complement the existing Vstoxx mini future.
Published: 04-Mar-2010
Fincad Launches Financial Analytics, Risk Solution F3 SDK
Fincad has launched a derivatives analytics solution F3 SDK for software developers working in banks, hedge funds and application providers who need to respond to rapidly changing market and regulatory requirements.
Published: 04-Mar-2010
EFG Hermes To Launch Private Equity Fund In Syria
EFG Hermes is awaiting final approval from the Syrian Commission on Financial Markets and Securities to foray into the Syrian market with the opening of a full fledged office in Damascus and simultaneous launch a new private equity fund that targets investments in the untapped Syrian market.
Published: 04-Mar-2010
