Investment Technology Group, an agency broker and financial technology firm, has introduced the Raider algorithm to its existing ITG Algorithms suite.   The new algorithm captures trading opportunities by adapting to rapid movements in the market. Orders remain completely hidden

Scoach, the Frankfurt exchange for structured products, has launched the Scoach reverse convertibles index. The index enables investors to immediately track average, market-weighted performance of reverse convertibles in different market phases. Scoach says that since the flat-rate withholding tax has

The publication of the 2010 target weightings for the Dow Jones-UBS Commodity Index has been delayed pending publication of the 2006 Industrial Commodity Statistics Yearbook by the United Nations. The yearbook is used to determine the commodity production weights for

More than 250 hedge fund industry leaders gathered together to raise nearly GBP250,000 at the 100 Women in Hedge Funds 2009 London Charity Gala, held on Wednesday evening in the UK Foreign & Commonwealth Office’s Locarno Suite. All proceeds from

Hedge funds posted a broad-based gain in September, with the HFRI Fund Weighted Composite Index rising by three per cent, according to Hedge Fund Research. The strong third quarter gain brings the year-to-date performance of the composite to over 17

The Lyxor Hedge Fund Index was down 0.9 per cent in March, while first quarter performance remains slightly positive, up 0.5 per cent. Most strategies were down apart from credit players, up 1.1 per cent, and Global Macro funds, up

European Multilateral Clearing Facility and Burgundy, a regional multilateral trading facility, have introduced full mandatory central counterparty clearing services for the Nordic region. The move recognises the growth in trading in the Nordics and increasing importance of the territory to

J.P. Morgan has made its projections and simulations service available globally.  Part of the securities collateral management product, projections and simulations provides securities borrowers with a set of tools to assess the impact of potential changes to their portfolios, helping

The Hennessee Hedge Fund Index advanced 3.18 per cent in September and is up 20.89 per cent year-to-date, according to Hennessee Group. The S&P 500 increased 3.57 per cent in September (17.03 per cent YTD), while the Dow Jones Industrial

Quintillion fund administration has been appointed by Absolute Return Partners to provide administration services to its NEAS Power Fund which launched on 1 October 2009. The fund will trade futures, forwards and options on electricity, carbon emission certificates and the