Derivatives and securities exchange network Cboe Global Markets is expanding its collaboration with global index provider FTSE Russell by developing new derivatives products, potentially beginning with cash-settled index options tied to the FTSE Bitcoin Index and the FTSE Ethereum Index.
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, has appointed five new members to its board of directors at the CLS Annual General Meeting held on 4 June 2024.
The US Securities and Exchange Commission has imposed its first significant penalty as part of an extensive investigation into activist short sellers, fining Anson Funds Management and Anson Advisors a combined $2.5m, according to a report by Bloomberg.
Jain Global, former Millennium Co-Chief Investment Officer Bobby Jain’s new hedge fund firm, which is gearing up to launch later this summer, has added former Credit Suisse Vice President Emily Facchina Fluet to its London trading desk, according to a
An insider trading case involving Asian hedge fund Segantii Capital Management, its British founder, Simon Sadler, and a former trader, will now be heard in a higher court in Hong Kong following a request from the prosecution, according to a
BlackRock has received partial support from influential proxy adviser Institutional Shareholder Services while activist hedge fund Saba Capital Management attempts to remove the investment giant, as the manager of two closed-end funds totalling approximately $2bn in assets.
The largest ever summer intern programme got underway at Steve Cohen’s multi-strategy hedge fund firm Point72 Asset Management this week, as 55 college students took up their places on the eight-week long training scheme, according to a report by Bloomberg.
Marshall Wace, the $64bn UK-based hedge fund major founded by Paul Marshall and Ian Wace in 1997, is set to open an office in Abu Dhabi, joining the growing number of financial firms establishing a presence in the United Arab
Hedge funds are increasingly betting against bitcoin, with their short positions hitting a new record high, according to a report by Bloomberg citing the latest Commitments of Traders report from the Commodity Futures Trading Commission.
Chinese regulators are considering the introduction of stricter rules on how banks distribute financial products to the public, potentially severing a crucial distribution channel for some of the country’s largest hedge funds, according to a report by Bloomberg.
