GCEX, a digital brokerage specialising in FX and digital assets, has released XplorTrader, its margin trading platform, which is aimed at institutional and professional traders including hedge funds and asset managers.
Around one in 10 of the traders at Brevan Howard Asset Management, the hedge fund firm co-founded by Alan Howard, are to leave the business as part of its latest biannual performance review, according to a report by Bloomberg.
Naveen Choppara, a Trader at Izzy Englander’s $62bn hedge fund firm Millennium Management who joined its Dubai office last year, capitalised on Egypt’s recent foreign exchange plunge, securing a $40m profit for the hedge fund giant, according to a report
London-based activist hedge fund firm Bluebell is planning to up its opposition to $10tn funds giant BlackRock’s high-profile environmental, social and governance investment agenda, according to a report by The Times.
The prospect of artificial intelligence-powered large language models (LLMs) replacing fund managers and deciding what stocks to buy is “just a fantasy”, according to Citadel’s Founder and Chief Executive Officer Ken Griffin.
Balyasny Asset Management has added Peter Anderson, previously a Senior Research Scientist at Google, as a Senior AI Researcher to its applied artificial intelligence team, led by Charlie Flanagan, according to a report by eFinancial Careers.
S&P Global Market Intelligence, a division of S&P Global, will collaborate with DTCC, a US provider of post-trade market infrastructure for the global financial services industry, on a joint solution for clients impacted by upcoming US T+1 settlement requirements.
The proportion of females holding senior roles in the hedge fund industry is on the increase, according to a report by Preqin, with women accounting for 17% of C-suite and other high level positions including General Manager, Managing Director and
Keystone Investors, a Singapore-based hedge fund led by Liu Xuan that was spun off from Schonfeld Strategic Advisors, will suspend subscriptions next month after a 160% increase in its assets since its launch in 2022, according to a report by
Law firm Ogier has relocated Ridhiima Kapoor, a Senior Transactional Specialist in its investment funds and corporate teams in the Cayman Islands, to Dubai. She will continue to advise on the establishment, launch and maintenance of investment funds including hedge
