Digital Assets Report

Latest News

PEGAS, the pan-European gas trading platform operated by Powernext, is to introduce time spread contracts on its futures markets on 24 January. The new products will be available through the Trayport Global Vision trading platform, as well as the straight through processing (STP) registration service for OTC trades, on all PEGAS hubs (CEGH VTP, ETF, GASPOOL, NBP, NCG, PEG Nord, PSV, TRS, TTF, ZEE and ZTP).   PEGAS currently offers location spread products between its Austrian, Belgian, Danish, Dutch, French, German, Italian and UK market areas.   The new products will enable PEGAS members to trade two contracts of the
RegTech company AQMetrics has enhanced its end-to-end risk and compliance solution to help buy-side and sell-side firms better prepare for MiFID II.   The recent enhancements include: an updated Supervisory Control Portal and Risk Register to provide client classification and product appropriateness factors and scoring; additional Risk Monitoring analytics to cater to Best Execution and Transaction Cost Analysis (TCA); and a new regulatory reporting solution whereby AQMetrics is authorising as an ARM (Approved Reporting Mechanism) under MiFID II.   AQMetrics is currently reviewing several MDP (Market Data Processor) specifications from National Competent Authorities to enable passporting of MiFID II regulatory
Law firm Goodwin has expanded its private equity and private investment funds practices with the appointment of six new partners, 15 associates and five trainees in the London office, all of whom join from the London office of King & Wood Mallesons (KWM). The group comprises the bulk of the former SJ Berwin investment funds team and includes Michael Halford, Ed Hall, Laura Charkin, Shawn D’Aguiar, Patrick Deasy, and Ajay Pathak. They join Goodwin as partners.   “A fully built-out, integrated private investment funds offering is instrumental to the continued growth of Goodwin’s international private equity practice,” says David Evans,
There has been a distinct shift of research budgets away from the top nine investment banks, according to an analysis of the readiness of asset managers for the research unbundling rules coming into effect in January 2018. The survey from RSRCHXchange shows just 13 per cent of respondents are expecting to pay for research from all of the largest banks and 72 per cent expect to use research from less than five banks.   The dominant market share of the global investment banks is likely to come under pressure with 67 per cent of respondents expecting these banks to constitute
Alternative UCITS indices performed strongly during December across almost all strategy styles, according to the latest LuxHedge Alternative UCTS Overreview. The LuxHedge Global Alternative UCITS Index representing 1,352 funds increased with 0.76 per cent, slightly underperforming the broader Hedge Fund market: HFRX Global Hedge Fund Index 0.86 per cent.   Except for the commodity arbitrage UCITS index (-1.67 per cent) which is the smallest category representing 11 funds, all LuxHedge UCITS indices ended the month of December with positive performance.   Top performers were long/short equity funds as measured by the Long/Short Europe UCITS Index (+2.00 per cent). CTA/managed futures
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.20 per cent in December, underperforming the 0.86 per cent monthly return for the HFRX Global Hedge Fund Index. The Wilshire Liquid Alternative Multi-Strategy Index, which includes both single and multi-manager funds, returned 0.38 per cent in December.   The Wilshire Liquid Alternative Equity Hedge Index, which includes long/short equity and market neutral funds, gained 0.29 per cent in December, outperforming the HFRX Equity Hedge Index by 11 basis points. Long-biased equity managers were the largest contributors to Index performance,
Exchange Data International (EDI), a provider of global security corporate actions, reference data and end-of-day pricing, has launched a Worldwide Cost Basis service (WCB). The WCB service has been designed to enable users to track both a security’s cost basis, its evolution and all its descendant’s cost basis and evolution up to the current date.   The service includes all events that affect cost basis and the number of units. The WCB information is delivered via FTP, either via exchange or on a portfolio basis.    The events covered by the WCB service are: bonus; merger; capital call; return of
The European Energy Exchange (EEX) saw a significant increase in trading volumes in 2016, setting new records in its core markets – power, gas and CO2 markets – and also achieving growth in new market segments. “In 2016 we succeeded in further strengthening our position as the leading energy exchange – in particular, in our core markets, while achieving significant growth in our new markets,” says Peter Reitz (pictured), chief executive officer of EEX. “Our customers benefit from one-stop-shop access to a broad range of energy and commodity products. In 2017, we will continue to work on increasing market shares
Sprott has appointed Ron Dewhurst to its board of directors, effective 9 January 2017. He will stand for re-election at the company's next annual general meeting.   “With more than 40 years of experience in the asset management and investment banking industries, Ron has a long track record of guiding the growth of successful asset managers and we are pleased to welcome him to the board,” says Peter Grosskopf, chief executive officer and director of Sprott.   Over the course of his career, Dewhurst has held many senior leadership roles in the US and Australia, most recently serving as executive vice
Active asset manager Quaero Capital is expanding into Asia with licensed local fund distributor Peak Capital to promote Quaero’s Family Enterprise Fund and other high conviction investment strategies to professional investors in the region. Quaero Capital is a specialist asset management boutique based in Geneva with offices in London and Paris. Its approach is to ‘hot house’ new and exciting investment strategies, testing them in the market place with a view to generating excess returns over the long term for its investors.   Quaero Capital managers Marc St John Webb and veteran investor Philip Best are well known in Europe

Special Reports

FeatureD

down graph

Events

16 May, 2024 – 8:30 am

Directory Listings