Data provider Exchange Data International (EDI) has launched Readable Corporate Action Notices (RCAN), a new product offering that is aiming to change how the front- and middle-office at buy-side companies interacts with corporate actions data. RCAN will enable workers to
Pragma, an independent, multi-asset class algorithmic trading technology provider, has enhanced its deep-learning enabled execution algorithms to intelligently trade Canadian and US interlisted equities. Pragma launched Mercury, its deep neural network-based execution engine, in 2021 after a multi-year research and
Digital asset investment products saw outflows totalling $5 million last week, although the majority was from short investment products, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares. Bitcoin saw its 4th consecutive week of inflows totalling
A group of investors including Davidson Kempner Capital Management, is hoping to persuade Schneider Electric SE to increase its £31 per share takeover offer for UK industrial software company Aveva Group Plc, according to a report by Bloomberg. The report
Barry Norris the founder of London-based specialist equity fund management company Argonaut Capital, wants all new wind and solar power projects in the UK to be put on hold because of a lack of reliability in the amount of energy
Macro hedge funds surged in September, with strong contributions from currency and fixed income exposures as the US dollar extended record gains, the Federal Reserve increased interest rates in an effort to slow generational inflation, and US equities posted steep,
Millennium Management, the $58 billion hedge fund firm founded by Izzy Englander, has completed its plan to lock up client capital for longer by returning ing an additional $15 billion to investors, according to a report by Bloomberg. The report
Recent market chaos has helped quant hedge funds make big gains with some now on track to rack up record annual returns, according to a report by Financial Advisor. Kwasi Kwarteng’s mini budget of unfunded tax cuts sparked a dramatic
Systematic Alpha GP, an affiliate of Systematic Alpha Management (SAM) which manages the Systematic Alpha Intraday Trading Program, has launched the Systematic Alpha Cryptocurrency Arbitrage Fund trading pure arbitrage in digital assets on major cryptocurrency exchanges. The fund started trading
Man Group has extended it’s funding for the the Oxford-Man Institute of Quantitative Finance (OMI), a centre for interdisciplinary research in financial markets established in conjunction with Oxford University, for a further five years until at least 2027. This extension
