Digital Assets Report

Latest News

CME Clearing Europe is the first external client of BNY Mellon CSD, the Belgium-based central securities depositary. CME Clearing Europe, CME Group's European clearing house, settled its first securities transaction through BNY Mellon CSD in late August.   Article 47.3 of the European Market Infrastructure Regulation (EMIR) requires that margin collateral for a central counterparty (CCP) must be segregated and held by the operator of a recognised securities settlement system, such as BNY Mellon CSD.   Lee Betsill, chief executive at CME Clearing Europe, says: “Our relationship with BNY Mellon CSD is important to us because it means that clients
All seven of IndexIQ’s family of investible benchmark hedge fund replication and alternative beta indices recorded positive performance in August. The IQ Hedge Event-Driven Beta Index was the top performer for the month with a return of 2.97 per cent.   This was followed by the IQ Hedge Long/Short Beta Index (2.17 per cent), the IQ Hedge Fixed Income Arbitrage Beta Index (1.70 per cent) and the IQ Hedge Composite Beta Index (1.61 per cent).   The IQ Hedge Market Neutral Beta Index produced the smallest return at 0.87 per cent, with the IQ Hedge Emerging Markets Beta Index recording
Administration and corporate services firm Crestbridge has appointed Gren Carr-Jones as a director in its Luxembourg office. Carr-Jones will act as director for the fund and corporate entities Crestbridge administers on behalf of clients.   A real estate specialist with over 45 years of experience, he has worked with a broad range of real estate and numerous large, multi-national institutional investors and tenants throughout the UK, western and central Europe, Russia and North-East Asia. With significant experience in the management and administration of real estate funds, including substance, governance and management, he has acted as a board member for a
smartTrade Technologies has released a new version of its order management system (OMS), which has been adopted by clients in Europe, the Americas and Asia Pacific. smartTrade clients have optimised trading flow by using smartTrade OMS to handle client orders more efficiently across multiple desks, internalise client flows and improve their proprietary hedging strategies. All desks involved in the trading chain can use the tool, making sure that any team members can service the client orders instantly from anywhere in the world.   smartTrade OMS allows clients to implement custom strategies across a large number of orders. It is an
The Morningstar MSCI Composite AW Hedge Fund Index decreased 0.3 per cent in July, but is up 3.4 per cent for the year through July. Despite declines in the Ukraine, Middle East, and South America, the emerging-markets rebound continued for the fifth straight month in July, buoyed by strong performance in Chinese equities. The Morningstar MSCI Emerging Markets Hedge Fund Index rose 0.4 per cent in July, which brought its year-to-date increase to 4.5 per cent.   In aggregate, single-strategy hedge fund assets in Morningstar’s database grew by a meagre USD92 million in June.   Systematic futures hedge funds continued
Investcorp, a provider and manager of alternative investment products, has appointed Rebecca Hellerstein as a managing director in the firm’s hedge fund business in a newly created role as a cross asset strategist. Hellerstein will have primary responsibility for fundamental cross asset and alternative risk factors research. She will also focus on enhancing Investcorp’s capabilities in liquid alternative strategies.   Hellerstein will be a member of the Hedge Funds Strategic Outlook and Investment Committees and will report directly to Lionel Erdely, head and chief investment officer of hedge funds.   Erdely says: “Cross asset research and alternative beta analysis have
Trading in investment products and leverage products on the European financial markets fell in the second quarter of 2014. At EUR26.4 billion, the trading volume was down 21.0 per cent compared with the previous quarter.   Exchange turnover was down 9.8 per cent in comparison with the same quarter of 2013, according to an analysis by Derivative Partners Research of the latest market data collected by the European Structured Investment Products Association (EUSIPA) from its members.   The trading volume of investment products on the European exchanges in the second quarter of 2014 was EUR9.4 billion, 35.6 per cent of
Global Investment House’s Mayur Hedge Fund, a long short absolute return growth oriented fund with a net long bias, has reported a 49 per cent return for the first six months ending 30 June 2014. That return makes it the second best performing hedge fund for the Indian market as reported by EurekaHedge.   The Mayur Hedge Fund is an India-focused product managed directly by Global which aims to achieve capital appreciation through investing predominantly in equity and fixed income related instruments of Indian companies.   Rajesh George, vice president international asset management at Global, says: “The Asian, and in
Saxo Capital Markets UK (SCML), the UK subsidiary of Saxo Bank A/S, has appointed Anthony Belchambers, former chief executive of the Futures & Options Association, as a non-executive director.  Belchambers joins from FIA Europe, formerly the Futures & Options Association, which he founded in 1992 and where he was chief executive until March 2014. He remains a special adviser to FIA Europe.    During his time at the association, Belchambers founded and led many cross-industry initiatives and groups, including MiFID Connect, the Joint Association Financial Transaction Tax Group, the Transatlantic Coalition on Financial Regulation and, more recently, the International Cross-Border Regulation
Cash markets average daily volume at Euronext increased 11.6 per cent for the month of August 2014 compared to August 2013, an average daily volume increase of 13 per cent year-to-date. Exchange-traded fund trading saw a steep rise, with average daily volumes up 40 per cent from August 2013 and assets under management set a new record of EUR187.7 billion.   Euronext reported a strong rise in trading volumes for CAC40 futures and for its milling wheat futures contract, up 11 per cent and seven per cent respectively year-over-year.   The number of orders for transactions in warrants and certificates

Special Reports

FeatureD

Events

16 May, 2024 – 8:30 am

Directory Listings