big xyt, an independent provider of smart data and analytics solutions to the global trading and investment community, has launched its “first-to-market” real-time data analytics service for a dataset of European trades and European Best Bid and Offer benchmark prices.
Commodity trend advisers, that is hedge funds that use computer algorithms to trade equities inline with movements in stock prices, will soon begin offloading shares worth between $20bn and $30bn, according to a report by Reuters.
Hedge funds setting up operations in Abu Dhabi have contributed to a 12% uplift on an annual basis in the GDP of the emirate’s private, non-oil economy to expand to a quarterly record of AED154bn ($41.9bn), according to a report
Funds of hedge funds had a positive first half of the year, with the average fund returning 2.87% to the end of June, amid a broad resurgence for the asset class, according to the latest Fund of Hedge Fund Update
Lacklustre performance so far this year at Balyasny Asset Managament has prompted Jeff Runnfeldt to quit his role as Global Head of Equities at the multi-strategy major, according to a report by Bloomberg.
Clear Street, a New York-based independent prime broker, has appointed Steve Bisgay as its Chief Financial Officer, effective immediately. Bigsay will report to the firm’s Co-Founder and Chief Executive Officer Chris Pinto.
Hedge funds are considering a number of Latin American countries as alternatives to investing in China on the back of ongoing geopolitical tensions and a slowing performance in the world’s second largest economy, according to a report by Reuters.
TS Imagine, a global, cross-asset provider of real-time trading, portfolio, and risk management solutions for financial institutions, has partnered with Cassini Systems to provide prime brokers and hedge funds with access to intelligent margin and collateral analytics available through TS
Bloomberg, a global provider of business and financial information, has launched Bridge AXE, an extension of the Bloomberg Bridge intermediated workflow which allows participants to anonymously post to other Bridge participants, and identify trading interests using Bloomberg’s existing liquidity discovery
Canoe Intelligence, a financial technology company providing the alternatives industry with smarter data management, has made five senior hires to support the business’ global expansion, client growth, and ongoing operations.
