The first trades in GMEX’s Euro-denominated IRS Constant Maturity Future (IRS CMF) have been successfully executed, cleared and settled. This new product has been available for the electronic arranging of transactions on GMEX’s platform with trade confirmation and clearing on
CSC is to acquire Fixnetix, a provider of front-office managed trading solutions in capital markets, enabling CSC to offer capital market clients an expanded range of as-a-service front office capabilities. the acquisition will also strengthen CSC’s ability to address growing
Once a fund manager has got the middle office infrastructure in place – the hardware as it were – the logical next step is to work out how best to utilise it. How can the flow of data – and
Fred Alger Management, Inc., a leading asset management firm, announced today that Ankur Crawford, PhD, is joining Patrick Kelly, CFA as Portfolio Manager on Alger SICAV – The Alger American Asset Growth Fund. Additionally, Kelly has been named Head of
Options, the leading managed service and IT infrastructure provider to the global capital markets industry, has today announced that the Minnesota-based hedge fund, Whitebox Advisors, has selected Options as its new managed IT provider. The deal has seen Whitebox migrate
ESMA’s AIFMD passport regime update was ‘inconclusive', says Tim Thornton, Chief Data Officer, MUFG Fund Services… ESMA’s update on the functioning of the AIFMD passport regime and the potential for extension to third party AIFMs was viewed as inconclusive, but
The average time taken for private real estate funds to reach a final close so far this year is the longest it has ever been. This extract from Preqin Real Estate Spotlight: August 2015 explores the key trends that emerge
An affiliate of Fortress Investment Group is to become co-manager with Mount Kellett Capital Management of the Mount Kellett investment funds and related accounts (the funds). Mount Kellett affiliates will continue to serve as general partner of the Funds. Additionally, affiliates of Fortress will
Convergex, an agency-focused global brokerage and trading related services provider, has launched a new Capital Commitment Crossing Algorithm for options facilitation trading. This innovative algorithm gives liquidity providers a new level of control over how they manage their own exposure
Advent Capital Management UK has launched the Advent Global Convertible Fund, a UCITS-regulated umbrella fund domiciled in Ireland. The fund seeks a positive total return by investing primarily in convertible bonds and convertible preferred securities in any geographic location.
