Latest News
Options volume in August totalled 322.7 million contracts, 4.5 per cent higher than July’s volume but 24 per cent lower than August 2015, according to TABB Options LiquidityMatrix (OLM).
In July and August 2016, traders swapped 631.6 million total contracts, the lowest two-month total since August 2012.
The S&P 500 Index fell 0.1 per cent in August, stalling at or around all-time highs as it closed within a 1.5 per cent high-to-low range during the month.
The CBOE VIX Index climbed 13 per cent, or 1.55 points, in the month, closing as high as 13.65 on Aug. 26
- 09/09/2016
Northern Trust has enhanced its Global Securities Lending capabilities with EquiLend’s Next Generation Trading platform, which optimises lending performance through increased customisation and enhanced automation with borrowers.
Global Securities Lending is Northern Trust’s single, multi-currency system for managing the securities lending process.
With the integration of Next Generation Trading, the availability of securities is communicated in real time and can be tailored to meet a borrower’s specific needs.
Customising inventory increases the efficiency of trading desks globally and allows traders to focus on value-added opportunities for clients. Next Generation Trading is currently live in Northern Trust’s 54 global
- 09/09/2016
Intercontinental Exchange (ICE) has integrated its Secure Financial Transaction Infrastructure (SFTI) and 7ticks network and hosting businesses into a combined offering called Connectivity, a financial transaction network and foundation infrastructure for ICE Data Services businesses.
A key part of the Connectivity portfolio is the roll-out of SFTI Wireless, provided by Anova Technologies, which offers the fastest connectivity for market data and order flow between ICE’s Mahwah Data Center and the co-location facilities in Carteret and Secaucus, New Jersey.
ICE Data Services’ Connectivity offers secure, resilient and low latency network options, global co-location services, the SFTI Direct Market Access (DMA)
- 09/09/2016
INTL FCStone, a financial services organisation delivering execution and advisory services in commodities, currencies and securities, has acquired the London-based EMEA oils business of ICAP.
The business includes over 30 front office employees across the fuel, crude, middle distillates, futures and options desks with deep-rooted relationships with over 200 well known commercial and institutional customers throughout Europe, the Middle East and Africa.
Philip Smith, CEO of INTL FCStone, says: “This is an excellent opportunity to add an experienced and highly regarded team within the oil broking sector. This customer-centric business helps complement our already extensive product and service offering
- 09/09/2016
Intercontinental Exchange (ICE) has proposed changes to the ICE Robusta Coffee futures contract, effective 3 October 2016, for the July 2018 contract month onwards.
The proposals are part of an ongoing initiative to improve the transparency of warehousing procedures and costs for ICE’s range of agricultural products.
They follow the implementation in 2014 of amendments to the maximum rent and load-out rate requirements for warehouse keepers and the introduction of a 60-day limit to complete load out requests for Robusta Coffee and London Cocoa.
The combined developments have improved the efficiency of loading out certified coffee and cocoa
- 09/09/2016
Risk-AI is now the official provider of Hedge fund Research’s (HFR) index factsheet report.
HFR produces over 140 indices of hedge fund performance ranging from industry-aggregate levels down to specific, niche areas of sub-strategy and regional investment focus.
HFR indices are the most commonly used benchmarks for alternative investments and its website draws many thousands of visitors from around the world each month.
HFR recently updated its website and wanted its various index factsheets to reflect the look and feel of the new site. Risk-AI worked closely with their HFR’s marketing team to develop and streamline the process
- 09/09/2016
Bfinance’s Chris Stevens (pictured) reports on a recent manager search for alternative beta strategies for a large US corporate pension scheme with USD10 billion in assets under management.
The client had previously considered and rejected investing into hedge funds for reasons of transparency, cost and liquidity as well perceived potential headline risks. Alternative beta strategies were considered as a viable alternative to a hedge fund allocation enabling them to introduce diversifying return streams to a portfolio of otherwise traditional asset classes whilst addressing these perceived drawbacks.
Following board education sessions as to the benefits and limitations of such strategies as
- 09/09/2016
- 09/09/2016
Adams Street Partners has expanded its private credit team, building on the launch of the strategy by former Oaktree Capital executives Bill Sacher and Shahab Rashid in January 2016.
Frederick Chung, formerly a vice president at Goldman Sachs, has been appointed as a principal. Chung will be responsible for all aspects of the investment decision-making process, including sourcing, structuring, and reviewing deal opportunities, as well as participating in deal term negotiations.
Thomas Petty, formerly an associate at Morgan Stanley, has joined as a senior associate.
Michael Allen and Emily Shiau, previously analysts at JP Morgan Chase and Alvarez
- 09/09/2016
Wall Street Horizons’ Enchilada corporate event data service is now available via the App Studio in Thomson Reuters Eikon.
Traders can access Enchilada alongside Thomson Reuters research and analytic tools.
Thomson Reuters Eikon provides real-time and historical data, news and analytics, and a range of other content and features that connect the financial markets community worldwide.
The addition of Wall Street Horizon’s data complements Thomson Reuters StreetEvents database and puts new corporate event data at the fingertips of healthcare professionals and traders who use Eikon.
With Wall Street Horizon corporate event information, buy-side and sell-side traders on
- 09/09/2016
Beeks Financial Cloud, a financial cloud infrastructure provider, has launched Beeks Marketplace, a cloud-based portal that enables real-time connectivity to a variety of exchanges, data feeds, trading tools and news services.
Institutional traders, proprietary trading firms, brokers, wealth managers and high-end retail traders can use Beeks Marketplace for site-to-site and direct venue connectivity.
Beeks Marketplace will act as a portal where customers can browse, research and purchase anything from cross-connections to security products. Users can purchase immediate connectivity using a credit card via Beeks Marketplace and have products provisioned in real-time.
The offering provides dedicated compute resources and
- 09/09/2016
Special Reports
FeatureD
- Intel
- April 17, 2024
- Intel
- April 16, 2024
- Intel
- April 15, 2024
- Intel
- April 12, 2024
- Intel
- April 11, 2024
- Intel
- April 10, 2024
- Intel
- April 9, 2024
- Intel
- April 8, 2024
