Digital Assets Report

Latest News

Interactive Brokers Group has launched the Investors’ Marketplace, a new online platform where traders and investors, financial advisors, fund managers, research analysts, technology providers, business developers and administrators can meet and do business together. The Investors’ Marketplace allows participants to search for a wide variety of investment and other third-party service providers, and advertise their services to individual and institutional investors around the world. To advertise their services, advisors, money managers, hedge funds and brokers must have an account at IB. Other third-party service providers, such as compliance, legal and administrative firms, can list without an IB trading account. The
Singapore Exchange (SGX) has reported growth in derivatives and commodities activities in May from a year earlier but a decline in securities trading. Securities turnover was USD23.0 billion, down 2 per cent year on year and 13 per cent month on month. Daily average value of trading was USD1.1 billion, down 2 per cent year on year and 9 per cent month on month. May had 20 trading days while April had 21. Total market capitalisation was USD1.05 trillion, up 3 per cent from a year earlier and unchanged month on month. A total 38 bonds raising USD14.6 billion were
Markit is to acquire Information Mosaic, a software provider for corporate actions and post trade securities processing.  Information Mosaic’s enterprise software will allow Markit to extend its corporate actions service to support the full corporate actions trade lifecycle and enhance Markit’s asset servicing solutions. Michele Trogni, managing director, cohead of Solutions at Markit, says: “Information Mosaic is known for its leadership in corporate actions, a critical, complex and challenging area of operational risk for many financial institutions. The combination of deep domain expertise, data and technology assets created by this acquisition will position Markit as a leading provider of end
The Credit Suisse Liquid Alternative Beta Index (CSLAB), which aims to reflect the performance of the overall hedge fund industry, finished up 0.83 per cent in May.  The Long/Short Equity strategy was the strongest performer, finishing up 1.28 per cent for the month, while the Managed Futures strategy remains the highest performer year-to-date, up 7.81 per cent. The Credit Suisse Global Strategies Liquid Index (1.00%), the Credit Suisse Managed Futures Liquid Index (0.81%) and the Credit Suisse Event Driven Liquid Index (0.24%) all recorded positive performance while the Credit Suisse Merger Arbitrage Liquid Index was the only strategy to finish
The May 2015 average daily transaction value on the Euronext cash order book stood at EUR8,019 million (+30% compared with May 2014).  The activity on ETFs remained particularly dynamic last month with an average daily transaction value at EUR549 million, up 91 per cent compared to May 2014. The average daily volume on equity index derivatives was up at 231,576 contracts (+11.4% compared with May 2014), and the average daily volume on individual equity derivatives was down at 213,911 contracts (-21% compared with May 2014). On 12 May we reached a yearly record high on CAC40 futures at 428,274 contracts;
eVestment, a provider of traditional and hedge fund data and analytics for the institutional investing community, is launching new offerings in the private equity and venture capital arenas.  To serve institutional investors who are increasingly investing in private market funds, eVestment has acquired TopQ, an innovator in private equity analytics based in Edinburgh, Scotland.  At the same time, eVestment is announcing the pending launch of a new and expansive private equity dataset in the second half of 2015 and will begin development immediately to integrate TopQ with the new eVestment dataset. With these moves, eVestment continues to deliver on its
Managed service and IT infrastructure provider Options, has acquired Jake Roy Pillar, a New York-headquartered technology consultancy for the financial industry and primarily hedge funds.  The financial terms of the deal, which closed in the second quarter of 2015, have not been disclosed, but the acquisition will see the technology consultancy form an additional business unit within Options called Options Advisory. The acquisition will allow Options to provide clients currently leveraging their portfolio of products, including leading hedge funds, global investment banks and private equity firms, with direct access to a professional consultancy team who are uniquely experienced in delivering
All six of Market Vectors Index Solutions family of investible long/short equity indices recorded positive returns in May. Each index is constructed using transparent, liquid ETFs and US Treasury securities to produce hedge fund-style returns without hedge fund pricing, opaqueness and redemption restrictions. The Market Vectors Global Long/Short Equity Index led the way with a return of 1.47 per cent for the month, followed by the Market Vectors Western Europe Long/Short Equity Index(1.36%), the Market Vectors North America Long/Short Equity Index (0.93%), the Market Vectors Global Event Long/Short Equity Index (0.68%) and the Market Vectors Asia (Developed) Long/Short Equity Index
AcadiaSoft has launched MarginSphere 2, the latest version of its industry-leading electronic margining platform for OTC derivatives.   MarginSphere 2 is specifically designed to address new regulations for non-centrally-cleared derivatives that will take effect next year.  MarginSphere 2 will enable more than 200 buy-side and sell-side firms that comprise the AcadiaSoft community to efficiently comply with 2016 regulatory requirements, including mandatory exchange of bi-lateral initial margin, automated processing of segregated collateral assets, verified management of collateral disputes, and unbundling of collateral movements into currency specific silos.   The new regulations, promulgated by the Basel Committee on Banking Supervision and the
David Shine, Partner – Corporate Department at international law firm Paul Hastings, comments on the news that US bound M&A deal activity in May surpassed the previous monthly record set in 2007… The aggregate dollar amounts are huge and are records, but let’s not forget that the stock markets are also way beyond the highs of earlier M&A booms. So, because most public companies are way more expensive than they have ever been, I think that the focus on dollar size is a bit unexciting.    If, instead, we look at deal frequency, I think we’d find that it is

Special Reports

FeatureD

Events

16 May, 2024 – 8:30 am

Directory Listings