Australian activist hedge fund Tribeca Investment Partners wants mining giant Glencore to switch its main stock market listing from London to Sydney, in a move it believes will see the company secure a more favourable valuation, according to a report
US crypto index fund manager Bitwise Asset Management’s Bitwise Bitcoin ETF has surpassed $2bn in AUM just two months after the Securities and Exchange Commission gave the go-ahead for the launch of the first spot bitcoin ETFs in the US.
Balyasny Asset Management has added three new Portfolio Mangers to its trading team in both its New York and Miami offices as part of a broader restructuring of the multi-strategy major’s equity trading business, according to a report by Bloomberg.
Offshore law firm Carey Olsen has promoted Michelle Falcucci, Richard Sykes, Tim Bamford, Rachel De La Haye, Andrew Tually and Nienke Malan, with effect from 1 July, bringing the firm’s total number of Partners to 84 in the process.
Broadridge Financial Solutions has launched a global futures and options software-as-a-service (SaaS) platform, designed to transform order and execution management capabilities for sell-side institutions and expand its existing derivatives trading capabilities.
Basis trade positions, a strategy of trading the spread between cash Treasuries and their underlying futures could be on the slide as hedge funds unwind their short Treasury futures bets, according to a report by Bloomberg citing a Bank of
The Depository Trust & Clearing Corporation, a post-trade market infrastructure for the global financial services industry, has seen its Fixed Income Clearing Corporation Treasury clearing volumes grow 31% year over year, processing a daily average volume of $7.02tn.
Sholto Maconochie, Head of Australia Real Estate – Equities Research at Jefferies, is set make a switch to the buy-side, having agreed to join Alex Wallis’ new investment “pod” at Millennium Management, according to a report by the Australian Financial
Standard General, a New York-based hedge fund focused on opportunistic investing in levered US mid-market companies, has made a non-binding offer to acquire the remaining shares it does not already own in gaming and betting company Bally’s Corporation.
FlexTrade Systems, a provider of multi-asset execution and order management systems for equities, fixed income, foreign exchange, futures, options and digital assets, has directly integrated with Coinbase Prime, a prime broker platform for digital and crypto assets.
