Friday, 26 December 2014
Last updated 2 days ago
Mar 5 2010 | 3:20pm ET
Once again, hedge funds have found themselves squarely in the sights of European regulators. The European Commission is held a pair of meetings today to determine whether new rules are required to govern the credit-default swaps market, and were particularly interested in what hedge funds were doing with CDS.
In a questionnaire sent to banks participating in this afternoon’s “technical meeting,” the EC asked what strategies hedge funds pursue in the sovereign CDS markets, The Wall Street Journal reports. The meetings come amidst a new round of European criticism of hedge funds, which have been active betting against both Greek debt and the euro in recent weeks.
The EC is also seeking information on how much information market players share with regulators and whether risk is concentrated in the hands of a small number of banks. The commission is also seeking more basic information in the fact-finding mission, including the structure of the market and how it works.
In addition to banks, the EC is also met with investors and regulators.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.