The Securities and Exchange Commission has adopted two amendments to the rules governing its whistleblower programme. The first rule change allows the Commission to pay whistleblowers for their information and assistance in connection with non-SEC actions in additional circumstances, while
Neil Phillips the co-founder of London-based hedge fund Glen Point Capital has been charged with conspiracy to manipulate the US dollar-South African rand money markets to trigger a $20 million payout, according to a report by Reuters. Philips, 52, was
Onramp Invest, a crypto management solution providing access to crypto assets for registered investment advisors, is to join the Bosonic Network, a decentralised Financial Market Infrastructure (dFMI) business. This latest addition to Bosonic’s growing institutional client base supports the Wealth
The US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are calling for comments on a proposed rule change that would require large advisers to certain hedge funds to report their exposure to cryptocurrencies. A 40-day
Apex Group has acquired Modal Group’s alternative fund administration business in Brazil (MAF), having received full regulatory authorisation from the Brazilian Central Bank.
FX HedgePool, a peer-to-peer matching platform for institutional foreign exchange transactions, has raised $8 million in a Series A funding round led by Information Venture Partners (Information VP), with participation from Fidelity International Strategic Ventures (FISV) and NAventures, National Bank
Overbond, a provider of AI analytics and trade automation solutions for the global fixed income markets, has partnered with TMX Group, an operator of global markets and provider of market data and analytic solutions, to integrate CDS FIPS settlement-layer Canadian
Citadel Securities the market-making firm set up by hedge fund boss Ken Griffin, is to launch its fixed income offering in Japan following the opening of a new office in Tokyo, according to a report by SWFI. The firm now
New data from Preqin suggests that stock-picking hedge funds are set to record their worst performance in 10 years, according to a report by Reuters, with cumulative returns having dropped 12.24% in the 12 months ending 31 July. Year to
Optiver has become a trading member on the Vienna Stock Exchange. The company is one of the leading market making institutions and operates globally with offices in Amsterdam, London, Austin, Chicago, Sydney, Taipei, Hong Kong, Shanghai, and Singapore. Optiver was
