OTC Derivatives Growth Continues: Foreign Exchange
By Staff WriterBASEL, Switzerland (HedgeWorld.com)--The Bank for International Settlements issued its semi-annual report on over-the-counter derivatives, disclosing that the notional value of outstanding OTC contracts ended the...
November 17, 2003
Optima Becomes First Hedge Fund to Sign On to IntrNEW YORK (HedgeWorld.com)--Optima Fund Management LLC has signed on to make its fund of funds marketing and reporting information available on a web-based platform run...
November 17, 2003
BrokerTec to Suspend Trading Operations Nov. 26JERSEY CITY, NJ (HedgeWorld.com)--BrokerTec Futures Exchange LLC announced that it will suspend trading operations at the close of business on Wednesday, Nov. 26--the beginning of...
November 17, 2003
Ramius Capital and HVB Group Merge Fund of Funds ONEW YORK (HedgeWorld.com)--Hedge fund firm Ramius Capital Group and Munich-based HypoVereinsbank plan to combine their fund of funds activities. Ramius managing member Thomas W. Strauss...
November 17, 2003
Schwab Uncovers Improper Mutual Fund TradingNov. 14, 2003 -- Schwab(Charles)Corp (SCH) said it has uncovered improper trading in mutual funds run by the company and its affiliates. An internal investigation has...
November 17, 2003
Fidelity Boss Highlights System to Prevent PredatoNov. 14, 2003 -- Fidelity Investments said it has in-house policies to prevent predatory activities in its funds, such as market-timing and forward-pricing, in a...
November 17, 2003
Putnam and SEC Reach Agreement on Market-Timing ChNov. 13, 2003 -- Putnam Investment Management said it reached an agreement with the Securities and Exchange Commission to settle the market-timing allegations made against...
November 17, 2003
FTC Clears Manulife-Hancock MergerNU Online News Service, Nov. 17, 2003, 9:50 EST -- The Federal Trade Commission has closed its investigation of Manulife Financial Corp.'s proposed acquisition ...