Thirteen global banks, ICAP plc and market infrastructures The Depository Trust & Clearing Corporation (DTCC) and Euroclear have joined forces with AcadiaSoft, to solve an industry problem involving margin flows. Four global banks, as well as ICAP, DTCC and Euroclear
All six of Market Vectors Index Solutions’ (MVIS) investable Long/Short Equity Indices recorded negative performance in June. Each index is constructed using transparent, liquid ETFs and US Treasury securities to produce hedge fund-style returns without hedge fund pricing, opaqueness and
INDATA, a leading industry provider of software and services for buy-side firms, today announced that Edinburgh-based hedge fund sponsor Kiltearn Partners has implemented the iPM Epic platform, expanding the firm’s front-to-back office solution from INDATA. Founded in 2011,
Titan Advisors has completed the acquisition of Saguenay Strathmore Capital (SSC), a fund of hedge funds business with a 13-year track record and an emphasis on credit-related strategies. SSC's expertise in credit complements Titan's long history of success in the
JTC has added significantly to its global fund servicing capabilities with the major acquisition of Kleinwort Benson’s Fund Administration business in the Channel Islands and South Africa. The transaction, which relates to the whole of Kleinwort Benson’s Fund Administration business
Total trading volume in June for options contracts on Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2) and futures contracts on CBOE Futures Exchange (CFE) was 99.2 million contracts. This represents an increase of 16 per cent from
As of 7 August 2015, GMEX will provide a Euro-denominated IRS Constant Maturity Future (CMF) for trading and clearing on Eurex. Both parties agreed on this cooperation at the end of 2014. The cooperation will facilitate the electronic arranging of
CBOE Futures Exchange plans to list futures with weekly expirations on the CBOE Volatility Index (VIX Index) beginning Thursday, July 23, 2015, subject to regulatory review. VIX Weeklys options at CBOE are expected to follow, also subject to regulatory approval.
Societe Generale Securities Services (SGSS) has launched “Gateway”, its Irish UCITS platform solution which is designed to support asset managers seeking to establish and market UCITS in Europe. The solution provides access to an investment fund structure, Gateway UCITS Funds,
Proskauer has appointed Bruno Bertrand-Delfau (pictured) as a partner in the firm’s private investment fund’s practice based in London. Bertrand-Delfau has extensive experience in private equity secondary transactions, notably advising Ardian (formerly AXA Private Equity). He has worked on many
