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Celoxica, a provider of accelerated market data, order entry and pre-trade risk solutions for the electronic trading community, has launched the Celoxica Ticker Plant (CTP) for OPRA.
OPRA, the Options Price Reporting Authority, which provides market data for 12 US options exchanges, is set for a substantial growth in message volumes later in 2015 when new options exchanges ISE Mercury and BATS EDGX Options go live. OPRA’s message capacity at that time is projected to be in excess of 50 million messages per second.
Celoxica’s CTP is a distributed ticker plant designed specifically to handle these unprecedented message volumes.
- 03/08/2015
With capital so portable in today’s world, investment dollars continually seek to find homes where it makes most economic sense acknowledge market experts. With confidence gradually returning to the global investment markets, it is no surprise that jurisdictions are dusting off their offerings, upgrading them and actively competing once more for new business. Guernsey is no exception and the jurisdiction is banking on the appeal of its range of investment structures, which it hopes will help it compete effectively against strong fund brands (such as UCITS), particularly in the open-ended fund segment.
Guernsey boasts in excess of a trillion US
- 03/08/2015
The London Metal Exchange (LME) is enhancing the procedures for establishing the Closing Prices on its open outcry trading floor, the Ring.
The refinement is designed to increase the efficiency of the final trading session of the day (the afternoon ‘Kerb’) following a marked increase in activity during this period over the past five years.
The change will see the introduction of an additional bell to signal the end of carry trading one minute before the close of three-month trading for each metal or group of metals.
“Over the past five years the volume traded during the afternoon Kerb session
- 03/08/2015
Cayman Finance has welcomed the European Securities and Markets Authority’s (ESMA) decision to move forward with assessments and recommendations in regards to the extension of the AIFMD Passport to non-EU AIFMs and AIFs.
“We are happy to see this formal recommendation process started, where ESMA is committed to taking an objective and transparent approach to reviewing and recognising jurisdictions around the world who play such an important role in the global investment funds market and we look forward to ESMA reviewing and assessing Cayman’s carefully developed AIFMD regimes,” says Cayman Finance CEO Jude Scott (pictured).
The Cayman Islands remains committed
- 03/08/2015
- 03/08/2015
Voth Nixon Group has launched the VNX Alternative Investment Multi-Asset Fund (AIMAF), which is designed to capitalise on VNX’s long-standing hedge fund solution strategy.
“Succeeding the market volatility within the last years, it is imperative that investors understand the liability of a wider range of investment is essential as an integrated part of a core investment strategy,” says Carl Zayn, Senior Development and Strategy Manager. “AIMAF refers to private investors as a mean of diversify across alternative investment managers and strategies all placed together in a single smart portfolio solution,” Zayn added.
The fund is tailored to offer private
- 31/07/2015
Matthew Granade has been named Chief Market Intelligence Officer at Point72 Asset Management (Point72). He will lead several of the Firm's unique research capabilities, including Canvas, Aperio, TRAC, and its team of economists.
“Matthew is a proven leader of a large-scale investment research organisation. His experience combines big-picture innovation and the challenge of producing high quality investment insight every day,” says Point72 CEO Steve Cohen (pictured).
“The Chief Market Intelligence role will strengthen and integrate research and data capabilities inside and outside our Firm for the benefit of our investment professionals,” says President Doug Haynes. “Matthew's unique background touches
- 31/07/2015
The Channel Islands Securities Exchange Limited (CISE) has ceased discussions regarding the acquisition of the European marketplace for SMEs, the Danish-based GXG Markets A/S (GXG).
It was announced on 22 July that an in-principle agreement for the transaction had been agreed between the CISE’s wholly owned subsidiary, The Channel Islands Securities Exchange Authority Limited (CISEA) and the Swedish-headquartered GXG Global Exchange Group AB and GXG.
However, the CISE has now decided not to proceed any further.
Fiona Le Poidevin (pictured), Chief Executive Officer of the CISE, said: “The deal had reached offer stage but, following extensive due diligence
- 31/07/2015
Algomi, the network company providing information-matching solutions for the optimisation of fixed income liquidity, has signed the 100th buy-side firm to its Honeycomb network globally.
Algomi’s Honeycomb Network allows investment firms to see which dealer is best placed to facilitate illiquid corporate bond trades without disturbing the markets and having the price move against them. Algomi is continuing to add asset management, pension fund, sovereign wealth fund, endowment and hedge fund clients from offices in New York, London and Hong Kong, and client support and sales in Chicago, San Francisco, and Boston.
More firms are coming online each week.
- 31/07/2015
This extract from the Preqin Quarterly Update: Real Estate, Q2 2015 focuses on institutional investors in private real estate and their plans for the next 12 months regarding strategy, regional preferences and the size and number of planned capital commitments.
The majority of investors seeking new commitments will target value added funds over the next 12 months (62 per cent), with the proportion targeting opportunistic vehicles increasing by nine percentage points (Fig 1). Demand for core vehicles has dropped by 13 percentage points, which could convey investors’ willingness to take on more risk in the search for higher returns.
North
- 31/07/2015
BATS Global Markets (BATS) has filed with the Securities and Exchange Commission the BATS Client Suspension Rule, which would enable the company to take swifter action to prohibit manipulative behaviour, such as spoofing and layering, on the BATS Exchanges.
Manipulative behaviour such as layering and spoofing, can take an unacceptable amount of time to stop under the current disciplinary process. Pending SEC approval, the BATS Client Suspension Rule would allow BATS to stop ongoing manipulative conduct in a matter of weeks, instead of the lengthier, longstanding regulatory process that can take several years to reach a final resolution. The Rule
- 31/07/2015
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