The Depository Trust & Clearing Corporation’s (DTCC) Report Hub service community now comprises more than 70 firms, including leading banks, major swap dealers, and some of the largest custodians, clearing houses and buy-side firms across the globe. The increased adoption of
Shareholders in Toshiba Corp have voted in two board directors from activist hedge fund investors at the firm’s annual general meeting, along with 11 other candidates, according to a report by Reuters. The two new directors are Nabeel Bhanji, a
US dollar-pegged stablecoin tether (USDT) has become a short target for crypto-focused hedge funds, according to a report by The Wall Street Journal.
US hedge fund Schonfeld Strategic Advisors is continuing its recruitment drive for staff at its London offices according to a report by eFinancialCareers. The $13 billion manager set up its London operation in 2019 and earlier this month made a
KuCoin, a global cryptocurrency trading platform, is to offer EUR trading against BTC, ETH and USDT as part of its expansion on the European market. New trading pairs will become available on the KuCoin spot market starting 28 June, enabling
Emerging Markets hedge funds extended Q1 declines through May, with losses driven by exposure to Russian assets as well as the impact of global inflation, rising US interest rates and slowing economic growth. The HFRI EM: Russia/Eastern Europe Index plunged
Troubled crypto hedge fund Three Arrows Capital (3AC) has defaulted on a loan worth more than $670 million, according to a report by CNBC. The report cites a notice issued on Monday morning by digital asset brokerage Voyager Digital as
Digital asset investment products saw outflows totalling $423 million last week, the highest since records began by a considerable margin, according to the latest Digital Asset Fund Flows Weekly report from CoinShares. The outflows occurred on 17 June but were
ARK36, a CySec-regulated cryptocurrency hedge fund, has has established a fintech advisory board comprised of global fintech leaders, investment veterans and senior government advisors. The funds has also appointed its first fintech advisory board consultants Frank Thorwald, Dr Mark Moore,
NinjaTrader Group, a global specialist in clearing, brokerage and technology solutions for active traders through its subsidiaries NinjaTrader and Tradovate, is among the first to offer the new Nano Bitcoin futures (BIT) contract just launched by Coinbase Derivatives Exchange. The
