South Korean regulator the Financial Services Commission (FSC) is set to lift its 17-month ban on short selling, a move that market participants believe will enhance liquidity, attract global hedge funds, and bolster the country’s case for an MSCI upgrade
Orkun Kilic, a former Paulson Europe LLP partner, is reviving his hedge fund Berry Street Capital Management, having secured some $200m in commitments from investors, including Qube Research & Technologies, according to a report by Bloomberg.
Hong Kong’s derivatives market is experiencing an unprecedented surge, driven by heightened stock market swings and increased hedge fund activity, according to a report by Reuters citing trading data from the Hong Kong Stock Exchange.
Hedge funds are increasingly betting against major tech stocks, with Nvidia, Tesla, and Advanced Micro Devices emerging as their top short targets, according to a report by Reuters citing a Morgan Stanley note released on Thursday.
The Fixed Income Clearing Corporation (FICC), a subsidiary of the Depository Trust & Clearing Corporation (DTCC), has launched enhanced US Treasury clearing capabilities, introducing new access models and customer margin segregation.
HSBC’s London-based head of CEEMEA rates trading, Andrew Dinnis, has resigned and is expected to join an unnamed hedge fund once his notice period ends, marking another senior departure from the bank, according to a report by eFinancial Careers.
Quincy Data, a global specialists launched new Transatlantic Signal Feeds distributing key CME data in London, Frankfurt, and Mumbai, providing market participants with trading indicators of large trade events for key CME futures instruments with minimal delay.
Hedge fund Starboard Value has reignited its proxy battle with Autodesk, nominating three director candidates to the engineering and design software maker’s board, including Chief Executive Officer and Founder Jeff Smith, according to a report by Bloomberg.
Two senior G10 FX traders have exited Citigroup, with one – John Nihill, a highly regarded FX trader based in Sydney – rumoured to be joining a hedge fund, as the battle for top trading talent intensifies, according to a
US activist hedge fund firm Elliott Investment Management has built an £850m short position against Shell, marking the largest disclosed wager against the FTSE 100 oil giant in nearly a decade, according to a report by The Times.
