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Indus Valley Partners (IVP), a provider of alternative asset management solutions, has appointed Sachin Kachhla as its Managing Director for Sales and Client Relations.  Kachhla has over 10 years’ experience advising hedge funds and asset management firms and selling them technology solutions to meet their strategic requirements.   Prior to joining Indus Valley Partners, Mr. Kachhla established and grew the North American business of Tradar, a leading portfolio management system provider, from under five clients to over fifty. He was then instrumental in selling the company to Eze Castle Software. At Eze, Kachhla was part of the executive sales team
LMAX Exchange, an FCA regulated MTF for global FX trading, has become a member of the Linux Foundation, the non-profit organisation dedicated to accelerating the growth of Linux. LMAX Exchange will be a part of the Linux Foundation’s new Core Infrastructure Initiative, a multi-million dollar project bringing together more than 20 major international technology companies, including Microsoft, Intel, Google and Cisco, to identify and fund critical open-source infrastructure projects in need of investment.   Andrew Phillips, Director of Technical Operations at LMAX Exchange, says: “At LMAX Exchange we are firm believers in the power of open source technology to upend
Industry veteran Chris Jackson has joined Liquidnet as European Head of the firm’s Execution and Quantitative Services (EQS) Group.  Jackson brings over twenty years of experience to this new role which will involve setting the strategic direction of the European Trading Desk and Algorithmic Services Group, as well as heading up the senior sales effort for Liquidnet's global algorithmic offering with European clients.   Jackson's' appointment marks significant progress in Liquidnet's strategy to provide its network – which includes nearly 780 of the world’s leading asset managers – with new and more efficient ways to source diverse liquidity and satisfy
The hedge fund industry is transforming, with managers increasingly focused on customised products and solutions, new investors, and emerging markets.   That’s the conclusion of "Growing Up: The new environment for Hedge Funds," a new report produced by KPMG International, the Managed Funds Association (MFA), and the Alternative Investment Management Association (AIMA). The report is based on global research, with more than 100 hedge fund managers representing approximately USD440 billion of assets under management. Their views reflect fundamental shifts occurring in the hedge fund industry; key findings include: • A majority of hedge fund managers expect a significant shift in
The SS&C GlobeOp Hedge Fund Performance Index for February 2015 measured 2.19%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index meanwhile, advanced 0.66% in March. “March data showed a modest gain in the SS&C GlobeOp Capital Movement Index with both inflows and outflows somewhat muted, but broadly in line with seasonal expectations. The overall steadiness of the increase in hedge fund investments is noteworthy in light of recent higher volatility in financial markets. Clearly, there is considerable uncertainty around a number of issues: the direction of central bank policies, the EU response to Greece, the impact
Global Hunter Securities, a division of Seaport Global Securities has appointed Paul Chambers as Institutional Salesman in the firm’s New York office.  Chambers has over 20 years of experience on both the sell side and buy side, primarily focused on energy. He received numerous accolades over the years as an energy portfolio manager. Ed Lainfiesta, Managing Partner of Seaport Global, says: “Paul brings a wealth of energy investment experience that we are confident will offer invaluable insights for our clients. As an energy-focused firm, we are committed to delivering the best institutional services to our clients and we believe Paul
Parker Johnson is to join Ramius as Managing Director, Sales and Marketing.  Johnson will manage institutional relationships across the Ramius platform, with a special focus on Ramius Alternative Solutions. The Alternative Solutions group, led by Stuart Davies and Vikas Kapoor, offers sophisticated hedge fund investment services including portfolio completion, optimisation and hedging as well as a suite of accessible, cost effective, hedge fund-style investments called Ramius Liquid Portfolios. Michael Singer, Chief Executive Officer of Ramius, says: “Over twenty-five years in the industry, Parker has developed deep knowledge of institutional investors and their needs. Today’s investors are looking for differentiated solutions
Trading Technologies (TT) is to introduce connectivity to Nasdaq Futures (NFX), the exchange group's US-based designated contract market (DCM), on day-one of trading through both its TT and X_TRADER platforms.  Through NFX, Nasdaq will expand its commodities business with futures and options on key energy benchmarks including oil, natural gas and U.S. power, which will launch in 2015. The TT connection to NFX will provide the trading community with more choices for investing in energy derivatives, improving price discovery and providing deeper liquidity. The new link to NFX will give all TT customers across the globe ease of use to tap
Nasdaq has established a new energy futures market, Nasdaq Futures (NFX), with the support of leading commodities participants. NFX will offer competitive pricing, an innovative clearing solution and high-performance technology for futures and options based on key energy benchmarks including oil, natural gas and US power, which will launch mid-2015 pending regulatory approval. Nasdaq has secured support from prominent trading firms, inter-dealer brokers, and futures commission merchants (FCMs) to facilitate broad product distribution and early liquidity. Founding market participants include ABN AMRO Group, Advantage Futures, Goldman Sachs, JP Morgan, Morgan Stanley1 and Virtu Financial. "Our strategy is always to meet
OptionsCity has been selected as a preferred independent software vendor for Nasdaq Futures (NFX), the exchange group's US-based designated contract market (DCM).  Through NFX, Nasdaq will expand its commodities business with futures and options on key energy benchmarks including oil, natural gas and U.S. power, which will launch in 2015. "OptionsCity is the leading software platform for options on futures traded on global futures exchanges," says Hazem Dawani, the CEO and cofounder of OptionsCity. "Supporting Nasdaq Energy Futures offers our clients the ability to find opportunities and execute new trading strategies." OptionsCity will support Nasdaq energy futures immediately at launch

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