This decision was made to ensure BNP Paribas clients benefit from a cash equities offering that is executed on a scalable best-in-class trading system, without having to invest internally in the infrastructure to build it
For most young financiers, hedge funds was the sector to work in – the founders made tens of millions, while the staff were invariably paid far more than they would be elsewhere.
Societe Generale Prime Services has announced the creation of the new SG CTA Mutual Fund Index, a performance benchmark for 1940 Act U.S. registered mutual funds that pursue managed futures strategies.
The index also omits debt from companies who are involved with controversial weapons, such as cluster bombs, land mines and chemical and biological weapons.
Hungary, a European Union member of nearly 10 million people, became the first European country to sign a cooperation agreement with Beijing on its "Silk Road" initiative