The hedge fund industry has now reached USD3.16 trillion in assets as of the end of Q1 2015, but a growing proportion of these assets are concentrated among a small pool of large managers, according to Preqin’s latest hedge fund
Bank of America Merrill Lynch (BofAML) will be a participant of the GMEX Exchange when the exchange launches on 7 August 2015. BofAML will offer execution and clearing services, for the GMEX products, to its client base. The initial products
July average daily transaction value on the Euronext cash order book stood at EUR7,911 million (+38 per cent compared with July 2014). Activity on ETFs remained dynamic with an average daily transaction value at EUR513 million, up 81 per cent
BATS Global Markets (BATS) has received approval from the US Securities and Exchange Commission (SEC) to launch its second options market – EDGX Options. BATS is planning to open the new market on Monday, 2 November, 2015. EDGX Options will
A fairly heavy load of economic data was released last week. On balance they were positive in DM but remained on the soft side in EM. The divergence between DM vs. EM continued to widen. This kept a strong downward
Shanghai Stock Exchange, China Financial Futures Exchange and Deutsche Börse are to launch a joint venture to develop and to market financial instruments based on Chinese underlyings to international investors outside mainland China. The venture is designed to support the
Markit. a provider of financial information services, has launched an FX trade confirmation service, which matches FX option trade terms to generate legally binding trade confirmations that are recorded centrally, allowing counterparties to manage trade lifecycle events more efficiently. Citi
The SS&C GlobeOp Forward Redemption Indicator for May 2015 measured 4.68 per cent, up from 3.36 per cent in April. “SS&C GlobeOp’s Forward Redemption Indicator of 4.68 per cent for May 2015 is up from 3.36 per cent in April,
Elliptic, a full-service bitcoin custodian for the capital markets, has partnered with developer API provider Gem to enhance Gem’s multi-signature bitcoin wallets. The most important part of holding bitcoin is safeguarding the private keys (or passwords) to the account. A
When the FATCA returns and listing deadline of 1 June ends, financial institutions must quickly turn their attention to even more expensive and burdensome regulations. Justin Hayes, product manager at Linedata, the leading international software and solutions provider, outlines the
