Trading & Execution

Man with a loud hailer

AlphaClone and Exchange Traded Concepts launch first ETF to invest directly in hedge fund equity positions

Wed, 06/06/2012 - 06:00

The newly-launched AlphaClone Alternative Alpha ETF ALFA has become the first exchange-traded fund (ETF) to invest in disclosed equity positions held by established hedge fund managers. »

Trading screens

ICAP’s iLinked to offer index futures rolls e-trading

Mon, 28/05/2012 - 12:10

Interdealer broker ICAP has added index futures rolls to its recently launched equity derivatives electronic offering, iLinked, on the ICAP Securities Limited Multilateral Trading Facility (MTF). »

Michael A Petronella, President, Dow Jones Indexes.

Dow Jones adds three size-segment indexes to LSP Position Sizing Index family

Mon, 21/05/2012 - 06:00

Dow Jones Indexes has expanded the Dow Jones LSP Position Sizing Index family to include three new size-segment indexes: Dow Jones LSP Position Sizing US Large-Cap 250 Index; Dow Jones LSP Position Sizing US Mid-Cap 250 Index; Dow Jones LSP Position Sizing US Small-Cap 250 Index. »

Holdings Edward T Tilly, President and COO, CBOE

CFE to launch futures on CBOE NASDAQ-100 Volatility Index (VXN)

Fri, 18/05/2012 - 16:00

CBOE Futures Exchange, LLC (CFE) plans to launch trading on the CBOE NASDAQ-100 Volatility Index futures contract beginning on Wednesday, 23 May, pending regulatory approval. »

Thumbs up

FXCM launches App Store for traders

Fri, 18/05/2012 - 10:00

FXCM Inc has fully launched its forex trading app store – FXCM Apps – a unique offering in the retail forex industry, hosting applications for the FXCM Trading Station and MT4 platforms. »

Blue information sign

EEX to hold first EIB auction on 7 June

Thu, 17/05/2012 - 16:00

In the framework of the NER 300 Initiative of the European Investment Bank (EIB,) European Energy Exchange (EEX) will launch auctions of EU allowances (EUA), which will be held on four days per week on its Derivatives Market in June and July. »

Traders trading

NYSE Euronext sees mixed trading volumes in April

Tue, 08/05/2012 - 13:41

Trading volumes for NYSE Euronext’s global derivatives and cash equities exchanges were mixed both year-over-year and month-over-month across most venues in April, but reflected some strengthening relative to weak first quarter 2012 levels.  »

Green up arrow

Eurex sees average daily volume of 10.9 million contracts in April

Thu, 03/05/2012 - 16:00

In April 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.9 million contracts (April 2011: 10.5 million). »

Stewart Macbeth, President and Chief Executive Officer of Deriv/SERV LLC subsidiary,  DTCC

DTCC to begin publishing data on interest rate derivatives

Thu, 03/05/2012 - 14:00

The Depository Trust & Clearing Corporation (DTCC) has begun publishing public information on over-the-counter (OTC) interest rates trades.  »

Stanley Young, CEO, NYSE Technologies

NYSE Technologies and Americas Trading Group streamline access to Lat-AM markets

Thu, 03/05/2012 - 06:00

NYSE Technologies and Americas Trading Group (ATG) have launched their high-performance order routing and market-data platform offering the global trading community low-latency access to the key trading venues in Latin America.  »

Amir Orad, President and CEO, NICE Actimize

NICE Actimize launches hedge fund trading compliance solution

Tue, 01/05/2012 - 11:31

NICE Actimize, provider of a single financial crime, risk and compliance software platform for the financial services industry, has launched a comprehensive hedge fund trading compliance solution designed to monitor the activities of hedge funds across all cash market and derivative asset classes (exchange-traded and OTC). »

 Andrew Awad, consultant,  Greenwich Associates

Basel 2.5 and III derivatives regulations to increase costs of capital

Tue, 01/05/2012 - 10:00

Most of the corporate interest rate derivatives users participating in Greenwich Associates’ most recent Global Interest Rate Derivatives Study believe that new Basel 2.5 and III derivatives regulations in Europe and the United States will result in wider spreads in derivatives markets and ultimately increase their costs of capital. »

Ana Haurie, Group Managing Director, Dexion Capital

Dexion Capital set to float new investment company

Mon, 30/04/2012 - 16:00

Dexion Capital is planning to list a new investment company, DCG IRIS Limited, on the London Stock Exchange. »

Professor Lucio Sarno, Cass Business School

Currency momentum strategies yield “striking” annual returns of 10 per cent

Mon, 30/04/2012 - 13:35

Momentum trading strategies in foreign exchange markets yield “striking” excess returns of up to 10 per cent a year, according to a new study. »

Edward T Tilly,  President and COO, CBOE

CBOE Futures Exchange and DRW Trading Group to create stock index variance futures

Thu, 26/04/2012 - 11:44

The CBOE Futures Exchange (CFE) and DRW Trading Group have completed an agreement that will allow CFE to use DRW's patent-pending methodology to create variance futures that match the quoting conventions and economic performance of over-the-counter (OTC) stock index variance swaps.  »

Laurent Useldinger, CEO of Ullink

ULLINK releases update of UL BRIDGE 4

Tue, 24/04/2012 - 14:32

ULLINK, a provider of connectivity and trading solutions for the global financial community, has released the latest and fastest version of its flagship product, UL BRIDGE 4. »

Joachim Gottschalk, Chairman and CEO, Gottex Fund Management

Gottex sees positive Q1 performance

Mon, 23/04/2012 - 12:40

Gottex Fund Management’s entire product lone posted positive performance for March year to date, according to the company’s latest trading statement. The results saw Gottex increase its outperformance against its benchmarks. »

iPad

UBS launches iPad app for creating client algorithms

Fri, 20/04/2012 - 13:17

As part of a new, client-centric approach to execution consulting called UBS Quant on Demand (UBS QUOD), UBS has launched a new algorithmic trading tool called UBS QUOD Studio. »

Man talking through a loud hailer

Pictet launches global equity long/short trading fund

Thu, 19/04/2012 - 13:33

Pictet Asset Management, the asset management arm of the Swiss private bank Pictet & Cie, has launched the Kronos Fund, a global equity long/short trading fund. The fund is distinctive as it combines a long/short equity strategy with an overlay of option trading to build convexity positions that aim to protect against and benefit from major market moves. »

Stewart Macbeth, President and CEO of  Deriv/SERV subsidiary, DTCC

DTCC, EFETnet launch global trade repository for commodities derivatives

Thu, 19/04/2012 - 13:28

EFETnet BV and The Depository Trust & Clearing Corporation (DTCC), following their successful pilot program launched in January as the first global repository for OTC commodity swaps, have begun accepting trade submissions from commodity market participants into the new Global Trade Repository for Commodities (GTRfC).  »

Currency Cogs

Currency hedge fund C-View in international asset raising push

Thu, 19/04/2012 - 10:54

C-View, the UK-based discretionary currency trading hedge fund manager, has selected alternative assets marketing firm MCAM Group to raise capital for the C-View Currency Managed Account Program (CMAP) and for the C-View Emerging, Developing and Minor Currency Program internationally. »

A Trader trading

Average daily volume of 10.1 million contracts at Eurex Group in March

Tue, 03/04/2012 - 14:54

In March 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.1 million contracts (March 2011: 11.8 million). Of those, 7.4 million were Eurex Exchange contracts (March 2011: 8.7 million), and 2.7 million contracts (March 2011: 3.1 million) were traded at the US-based International Securities Exchange (ISE). In total, 163.1 million contracts were traded at Eurex Exchange and 58.9 million at the ISE. »

Red Barred sign

CFTC prohibits Nadex political event derivatives

Tue, 03/04/2012 - 14:16

The Commodity Futures Trading Commission (CFTC) today issued an order pursuant to Section 5c(c)(5)(C)(ii) of the Commodity Exchange Act and CFTC Regulation 40.11(a)(1), prohibiting the North American Derivatives Exchange (Nadex) from listing or making available for clearing or trading a set of self-certified political event derivatives contracts. »

Cobalt Metal

LME Cobalt trading surges to new records

Mon, 02/04/2012 - 13:49

The London Metal Exchange (LME) saw record volumes transacted in LME Cobalt in March 2012 with 1,310 lots traded, the equivalent of USD40 million.   »

Rick McVey, Chairman and CEO of MarketAxess

MarketAxess introduces REXIQ

Mon, 02/04/2012 - 13:14

MarketAxess Holdings Inc has introduced REXIQ: Reducing Execution Costs, a new proprietary approach to analysing trading costs in the fixed-income markets that has been developed by MarketAxess Research. »

John Ions, Chief Executive of Liontrust

Liontrust makes ‘good progress’

Thu, 29/03/2012 - 12:32

Liontrust Asset Management saw net positive inflows of GBP72 million in the current quarter, according to the company’s latest trading update. »

Brian Gallagher, head of European electronic trading, Morgan Stanley

Electronic trading in volatile markets – it’s not about better algos but better usage of algos

Thu, 29/03/2012 - 11:06

Within the buy-side community there’s a tendency right now for traders to focus too much on the algorithms they use and less on trading according to Nick Nielsen, head of trading at Marshall Wace Asset Management. Speaking at a recent FIX Protocol 2012 EMEA Trading Conference held at London’s Old Billingsgate on 13 March 2012, Nielsen said that, generally speaking, there’s been a lot of focus on infrastructure and technology implementation “and less on actual intelligence”.      »

Adam Patti, CEO of IndexIQ

First US-listed hedge fund replication ETF celebrates third anniversary

Wed, 28/03/2012 - 15:00

The IQ Hedge Multi-Strategy Tracker ETF (nyse arca:QAI), the first US-listed hedge fund replication exchange-traded fund, has attracted USD200 million in AUM since it’s launch three years ago. »

Man talking through a loud hailer

ICAP launches first fully tradeable Delta One equity derivatives platform  

Mon, 26/03/2012 - 13:14

Interdealer broker ICAP has launched iLinked, the first fully tradeable Delta One equity derivatives platform. »

Wayne Bulpitt, Chairman, Bluecrest

Bluecrest share issue raises GBP165 million  

Wed, 21/03/2012 - 14:19

BlueCrest BlueTrend Limited has raised gross proceeds of approximately GBP165 million by means of a placing and offer of Shares. »

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