Digital Assets Report

Latest News

NEX Markets, a NEX Group business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, plans to adopt the FX Code of Conduct principles across its FX trading platforms.   NEX Markets played an active role in the development of the code, with Darryl Hooker, global head of spot and metals and head of FX EMEA, representing NEX on the Market Participants Group (MPG), a working group for those in the private sector engaged in developing the code.   Seth Johnson, CEO of NEX Markets, says: “The creation of this code, and the strong
IHS Markit, a specialist in critical information, analytics and solutions, has launched its Outreach360 platform which is available on Counterparty Manager.   Outreach360 is designed to address specific MiFID II regulatory rules including the need to manage and share documentation as well as address regulatory outreach and repapering between counterparties.   The platform also supports outreach for KYC (Know Your Customer), tax and global regulatory data including due diligence questionnaires.   Outreach360 provides a single, standardised way to streamline bilateral communications and efficiently manage counterparty outreach campaigns. It enables firms to centralise information by creating, sending and receiving notifications in
Wilshire Associates has launched a new Powered by Wilshire index, the BRI Dynamic Growth & Value Index (BRIDGV).   Created and owned by BRI Partners and calculated by Wilshire, the new index is designed to deliver a true benchmark and efficient investible access to the long-only beta risk of equity hedge fund strategies.   The BRI Dynamic Growth & Value Index uses a systematic, rules-based approach to create a dynamic portfolio of equities that deliver the same risk/return profile as the long component of equity hedge funds. The index leverages various selection criteria metrics such as value, growth and volatility to
Instinet has launched RQ Connect (Research Quality Connect), a provider-neutral application within its research payment and commission management platform, Plazma.   RQ Connect enables research procurement management (RPM) systems to transfer research quality assessment data to Plazma. Investment managers can review, edit and confirm this information on their desktop, and seamlessly authorise payments, notably through Instinet Europe’s certified Payment Institution license in Europe.   RQ Connect unifies outside evaluation and budgeting processes with the established payment processes of Plazma.   “Instinet is committed to innovating and adding value for clients, which means giving them options. RQ Connect offers clients the
Cordium, a provider of governance, risk and compliance services, has expanded its compliance services for US and foreign broker-dealers and investment advisers with the launch of a new regulatory hosting solution in the US.     This platform complements the firm’s existing offerings of guiding firms through US Securities and Exchange Commission (SEC) registration and Financial Industry Regulatory Authority (FINRA) membership and providing ongoing compliance services.   The expansion will allow Cordium to support financial services clients who need to start marketing without the need for SEC registration or FINRA membership, especially where this activity does not justify the cost
By Bob Shaw (pictured) – As cyber threats continue to mature and firms become increasingly dependent on third-party service providers and Internet applications to support operations, they not only begin to benefit from greater efficiencies and advanced technologies, but also open themselves up to more security vulnerabilities. Investment firms need to evaluate all risks that pose potential threats to their firm and leverage the safeguards necessary to protect themselves, clients, partners and their assets.  “Cybersecurity threats vary in scale, motive and target, and it may not be realistic for your firm to employ every cybersecurity technology available in the cyber space.
Artisan Partners has appointed Pearse Monaghan as a director in the firm’s London-based distribution team.   Monaghan (pictured) will play a leading business development role for the firm in the UK and Ireland, where the group hopes to further develop its existing strong network of institutional and financial intermediary relationships.   Monaghan brings significant experience in the asset management industry to the role, most recently with Nomura Asset Management and HSBC Global Asset Management.   Andrew Marks, managing director and head of EMEA distribution at Artisan, says: “We are delighted to welcome Pearse to the team. His hire reflects our
Contagion from recent political upheaval, including former FBI director Mark Comey’s leaked memo and continued concerns over alleged ties between the Trump campaign and Russia, has been reasonable, according to Lyxor.   It comes amid persisting signs of decent global growth and contained anxieties about China.   In its latest weekly brief, the firm writes: “The Lyxor Hedge Fund index was up +0.4 per cent as of Tuesday. Macro funds outperformed on their long European equities and long energy. Special situations continued to make steady progress. L/S equity fund returns were mixed, reflecting heterogeneous impact from the sudden market rotation.
Neptune, the fixed income network for real-time “axe” indications, is enhancing its integration with partner TS’s TradeSmart FI.   The Neptune network provides a venue for investors to consume the highest quality bond axes/inventory data from their most trusted bank counterparts.    This enables institutional investors to be more effective and targeted when looking to execute large size orders in products such as corporate and emerging market bonds.   Grant Wilson, CEO, Neptune Networks, says: “Connectivity to an EMS such as TradeSmart FI is precisely what our buy-side clients are seeking from Neptune. It provides the ability to consume an
Fiona Frick, CEO of boutique asset manager Unigestion, has been elected to the board of Sustainable Finance Geneva (SFG).    SFG is an association that establishes Geneva as the centre for innovation in sustainable finance by engaging individuals and harnessing collective intelligence.    Created in 2008 by 15 professionals, SFG now leads the way from Geneva as the key global platform for sustainable finance.   Frick (pictured) joins the 13 people Strategy and Surveillance Committee, which determines the strategic objectives and priorities of activity for SFG.   Frick is an advocate for responsible investment and has been an active member

Special Reports

FeatureD

Events

16 May, 2024 – 8:30 am

Directory Listings