Linedata has integrated its Global Hedge Portfolio Manager with Electra Information Systems’ (Electra) Electra Reconciliation. The creation of a purpose-built interface provides hedge fund managers with immediate integration through an adapter created and supported by both Linedata and Electra.
Algorithmic trading is taking hold in foreign exchange – in part due to fallout from the 2013 FX “fixing scandal.” Foreign exchange represents one of the world’s biggest, most liquid and most electronic marketplaces. But while algorithmic trading has become
FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, has developed the FIXProtocol for use for transmitting MiFID II Transaction Reports to Approved Reporting Mechanisms (ARMs). Under MiFID II, all investment firms (including certain
Newfleet Asset Management, an affiliate of Virtus Investment Partners, has closed a USD356.3 million collateralised loan obligation (CLO). Newfleet CLO 2016-1 will be backed by a diversified portfolio of broadly syndicated senior secured floating rate loans, with six classes of
NetOTC, the risk solutions firm that has been designing and building a full end-to-end market infrastructure for non-cleared OTC derivatives in close collaboration with regulatory and industry bodies, banks and their end customers, has put its initiative on hold. Roger
Hamburg-based investment house Alpha Centauri, which specialises in risk premia and equity multi-factor investing strategies, is to use S&P Global Market Intelligence’s Point-in-Time fundamental data and consensus estimates to support their quantitative research, modelling efforts and portfolio risk management. S&P
In a move to help protect clients ahead of the EU referendum on 23 June, PhillipCapital UK will be increasing its margin requirements. This will take place in two stages, with the first increase occurring on the 12th June and
CBOE Holdings plans to open its first international business development office in London in July. The new office – headed by Matthew McFarland, director of global client services – will enable CBOE to increase its presence in the region and
Cleartrade Exchange (CLTX) has been officially approved as a registered Foreign Board of Trade (FBOT). The FBOT approval, which has been granted by the US Commodity Futures Trading Commission (CFTC), allows CLTX to provide their participants located in the US
The US Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad has signed a Memorandum of Understanding (MOU) with the European Securities and Markets Authority (ESMA) regarding cooperation with respect to derivatives clearing organisations (DCOs) established in the United States that
