UK flag

UK's financial services trade surplus is world’s biggest, says TheCityUK

The UK's trade surplus in financial services is the biggest in the world, more than two and a half times bigger than the next largest surplus recorded by the US, according to figures from TheCityUK. »


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Credit Suisse LAB index up 0.62 per cent in June

The Credit Suisse Liquid Alternative Beta Index (CSLAB), which aims to reflect the performance of the overall hedge fund industry, finished up 0.62 per cent in June. »


Index

All seven IndexIQ investable hedge fund replication indices positive in June

All seven of IndexIQ’s proprietary family of hedge fund replication and alternative beta indices recorded positive returns in June. »


James Williams, Hedgeweek

FJ Capital offers investors opportunity to leverage M&A activity in US small-cap financials

“By investing in the potential sellers and proven buyers, the Fund is uniquely positioned to fully take advantage of the bank merger trend in the US,” wrote FJ Capital Management LLC in its May 2014 investor newsletter. »


Electronic trading floor

BATS Chi-X Europe adds more customers to BXTR trade reporting service

BATS Chi-X Europe has added several new customers to BXTR, the exchange’s suite of on- and off-exchange trade reporting services. »


Regulation

Regulatory considerations for today’s start-up manager

To say that regulation is a challenge for hedge fund managers to get their heads around is an understatement. Law firms and regulatory consultancies have never been so busy as they meticulously guide their clients through the murky waters of Dodd-Frank and European Market Infrastructure Regulation (EMIR), the Alternative Investment Fund Managers Directive (AIFMD) in Europe, not to mention the Foreign Account Tax Compliance Act (FATCA). »


Globe and currency signs

Markit launches electronic service for FX options

Markit has launched a new service for electronic trade confirmation and exercise management for the FX options market, while will be deployed by MarkitSERV, its trade processing service for the OTC derivatives industry. »


Index

Five out of six MVIS investable long/short equity indices positive in June

All but one of Market Vectors Index Solutions’ (MVIS) six investable long/short equity indices recorded positive performance in June. »


Ole Rollag, Managing Principal, Murano Systems

Hedge funds and soap manufacturers

There are now approximately 14,000 hedge funds in the marketplace. To say that things have gotten a little cluttered is an understatement. This represents a challenge to both managers and institutional investors: how does an investor decide which long/short equity manager to allocate to? And at the same time how does that manager get themselves noticed?  »


Traders

Average daily volume of 8.0 million contracts at Eurex Group in June

The international derivatives exchanges of Eurex Group recorded an average daily volume of 8.0 million contracts in June, down from 10.1 million in June 2013. »


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