Hong Kong-based macro-economic hedge fund Guard Capital is now using TFG Financial System cloud-based, cross-asset technology solution for its multi-asset portfolio and risk management requirements. Guard Capital, which was founded by Leland Lim and Allan Bedwick, is drawing on TFG’s
Cetera Financial Institutions (CFI), part of Cetera Financial Group, has appointed industry veteran Britt Woods as vice president, head of relationship management, effective immediately. In his new role overseeing adviser recruiting and business consulting activities for CFI, Woods will
The US Commodity Futures Trading Commission (CFTC) has approved the Final Rule on Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants. The Commission voted 2 in favour and 1 opposed. The new regulation addresses margin requirements
HazelTree and Goldman Sachs Asset Management (GSAM) have formed a strategic partnership to assist hedge funds, fund administrators, managed account providers and family offices in improving their cash management. The partnership is in response to the changing regulatory environment for
Liquidnet, the global institutional trading network, has appointed Stephen Grady as non-executive director of Liquidnet Europe. Grady will bring more than 20 years of experience in managing trading functions. Mark Pumfrey, head of Liquidnet EMEA, says: “We
Automation lies at the heart of Interactive Brokers' prime brokerage model. Be it for risk management, account management, trade execution and pricing, everything is streamlined so as to provide fund managers with a cost-efficient solution. Interactive Brokers can be viewed
Systematic Alpha Management (SAM) has been trading the Systematic Alpha Intraday Program live on the dbSelect platform. The programme carries no risk, positions or margin overnight. “The intraday program is a unique investment offering which, in contrast to
Regulation, in the form of AIFMD and Basel III, has had a profound effect on the way that prime brokers and fund managers view their relationship. Ten years ago, things were simple. Hedge funds and prime brokers alike operated with
NEX Markets, a NEX Group business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, plans to adopt the FX Code of Conduct principles across its FX trading platforms. NEX Markets played an
There's no question that regulation is causing prime brokers to reassess, and, where necessary, evolve their business model. Much is made of the fact that prime brokers are ruthlessly culling hedge funds, banishing them to hinterland. Hedge funds that aren't
