Friday, 22 August 2014
Last updated 2 hours ago
Aug 11 2010 | 9:13am ET
Northern Trust has entered into an alliance with Deutsche Bank that will give the firm’s hedge fund clients access to Deutsche Bank’s prime brokerage while keeping their assets safely segregated.
Northern Trust’s prime custody clients will now have two options for the securities finance needs: The firm struck a similar deal with Merlin Securities last year.
Deutsche Bank last year launched a platform that allows clients to segregate their assets and keep them with a custodian. Many other prominent prime brokers have done likewise, seeking to allay investor fears following the impounding of prime brokerage assets after the collapse of Lehman Brothers. A British judge has ruled that Lehman failed to properly segregate client assets.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note