US banks hit out at collateral rules on derivatives trade

Banks are reeling after rules finalised by US regulators, aimed at reducing the risk of trading esoteric derivatives, are set to increase trading costs and further hit deteriorating fixed income business. The Federal Deposit Insurance Corporation will require banks to post and receive collateral to protect against losses on derivatives that are traded bilaterally, as […]

CFTC continues exemption of Australia’s Yieldbroker trading platform

CFTC continues exemption of Australia’s Yieldbroker trading platform By Mike Fox on Thursday, 10.15.15 This period of exemption for Aussie based trading platform Yieldbroker will last until expiration on May 15, 2016. Yieldbroker may continue to offer trading in New Zealand Dollar-denominated interest rate swaps on its platform during the relief period. The U.S. Commodity […]

Impact of New European AIFMD Regulation on SBICs

The recent adoption of the European Alternative Investment Fund Managers Directive (AIFMD), effective July 2013 (and with transitional provisions in some countries through 2014), has imposed complex new regulations on most managers of hedge funds, private equity funds and SBICs which “market” their funds in Europe to potential investors. SBIC managers who intend to offer […]

Hedge fund Coatue raises more than $500 mln for second PE fund

Coatue Management, the hedge fund that invests in venture rounds, raised about $543 million for its second private equity fund, according to a person with knowledge of the fundraising. Coatue launched Private Fund II in January targeting $750 million, according to the firm’s Form ADV and two people with knowledge of the firm. Coatue issued […]

Hillary Clinton’s Wall Street problem: She’s still going too easy on the banksters

Hillary Clinton’s Wall Street policy proposals are all good, solid reforms and will improve the performance of the financial sector. These proposals have been carefully crafted to outlaw and punish bad behavior, correct some flaws in the 2010 Dodd-Frank law and repair damage done by reform opponents. While Clinton’s proposals mark an improvement over the current system, […]

Supermicro ® Exhibits All-Flash NVMe and SSD-based SuperServer Solutions Optimized for Enterprise, Data Center and Cloud-Scale Deployments at VMworld 2015 Europe

BARCELONA, Spain, Oct. 13, 2015 — Super Micro Computer, Inc. (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server, storage technology and green computing exhibits its latest NVMe optimized server and storage solutions this week at VMworld 2015 Europe in Barcelona, Spain. Performance enhanced solutions address the growing demands for consistent high IOPS, greater compute, memory and […]