Cornerstone Global Commodities is pleased to announce that it has been joined by Duncan Preston, formerly of Vitol, has joined Cornerstone Global Commodities. He will be be based in London before opening Cornerstone's Dubai office. Preston has substantial experience of
ECN broker Tickmill has added contracts for difference (CFDs) – a derivative product that gives opportunity to make money from both falling and rising markets – to its diverse product line. CFDs have no expiry date allowing traders to hold
TMF Group has agreed with the management team of its fund services division, TMF Custom House, the creation of an independent, stand-alone Custom House Fund Services. The heads of terms was signed at the end of 2014 with Mark Hedderman
LMAX Exchange, an FCA regulated MTF for global FX trading, has become a member of the Linux Foundation, the non-profit organisation dedicated to accelerating the growth of Linux. LMAX Exchange will be a part of the Linux Foundation’s new Core
ICAP Information Services (IIS) and CME Group have partnered with The Beast Apps Group to create and deliver RapidRV, a real-time market data and analytics tool designed to provide market participants with the capability to analyse relative value opportunities between
DataArt has partnered with OpsCheck to develop and launch a web-based application which helps hedge funds maintain effective operational oversight in an increasingly challenging business and regulatory environment. Conceived by Frank Caccio, a hedge fund industry veteran, OpsCheck (www.opscheck.com) gives
iMatchative’s new online data analytics, monitoring and matching service for institutional investors and hedge funds, AltX, will now use a data feed from HedgeFund Intelligence’s. HedgeFund Intelligence’s global database of hedge fund performance tracks over USD2 trillion in assets under
OpenGamma is working with dealers and other OTC derivatives market participants to deliver an open source model to calculate the margin on bilateral derivatives trades. The solution will implement the final Standard Initial Margin Methodology (SIMM) being developed by ISDA,
Sandell Asset Management has sponsored the launch of Sandell Re, a Bermuda based reinsurance company that can invest in the firm’s global event driven investment strategy. The strategy will be managed in a separately managed account with an investment objective
The February 2015 average daily transaction value on the Euronext cash order book stood at EUR8,247 million (+24% compared to February 2014). The average daily volumes on equity index derivatives were down at 225,995 contracts (-15% compared with February 2014),
