Torstone Technology has secured a new contract for the provision of Inferno for post-trade securities processing and trade accounting at London-based Daiwa Capital Markets Europe. The four year deal, negotiated with Daiwa Institute of Research – the global systems integration
NYSE Technologies, the commercial technology unit of NYSE Euronext, is actively expanding its SuperFeed product suite to Asian markets. SuperFeed is NYSE Technologies’ fully managed and hosted data ticker plant, with microsecond latency and coverage of major markets in North
Kinetic Partners has opened a new office Jersey, the firm’s first presence in the Channel Islands. The new Channel Islands office will support global financial services organisations and local firms, with a focus on regulatory, compliance, due diligence, tax and
The US Commodity Futures Trading Commission has filed a notice of intent to revoke the registrations of Victor E Cilli and Progressive Investment Funds (PIF). PIF, based in Hackensack, New Jersey, is a registered commodity pool operator. Cilli is a
The Honourable Jed S Rakoff, United States District Judge, United States District Court for the Southern District of New York, has entered a Final Judgment on consent as to James Fleishman in the SEC’s insider trading case, entitled SEC v Mark
Asset management firm Attalus Capita has appointed Joshua Silva as senior portfolio strategist. In this newly created role, Silva will work with Attalus’ trading and risk management teams to enhance the cost and benefit characteristics of Attalus’ risk calibration and
AlphaHedge Capital Partners, LLC (AlphaHedge) has launched a separately managed account (SMA) platform to provide an array of long/short equity hedge fund strategies to high-end investment advisors, consultants, family offices, broker-dealers and institutions. According to Gregory S Horn, chairman and
NexPoint Credit Strategies Fund has appointed James Dondero as portfolio manager. Dondero has over 25 years of experience in the credit markets. In addition to his role at NexPoint, Dondero is the president of Highland Capital Management, which he co-founded
A recent decision of the Grand Court of the Cayman Islands (the Court) in the case of FIA Leveraged Fund has laid down, for the first time, the principles applicable to an in specie (or in kind) distribution of fund
Palmer Square Capital Management, an investment management firm that provides portfolios of hedge fund strategies, has appointed Emily Colella as a managing director responsible for business development. Colella’s primary focus will be on expanding Palmer Square’s presence within the institutional
