AlphaCentric has launched the AlphaCentric Small Cap Opportunities Fund (SMZIX) which seeks long term capital appreciation and focuses specifically on the equities of small capitalisation companies primarily based in the US. The management team uses proprietary, bottom-up research to identify
Cowen Inc has added Matthew Costello to Cowen Prime Services LLC’s capital introduction team as a Director. Costello will help Cowen further expand its capital solutions offering to its prime brokerage and outsourced trading clients with consultative and focussed propositions.
BNP Paribas Securities Services has become the first custodian to offer funds of hedge funds an integrated liquidity management solution. Fund managers now have a committed financing and FX hedging service which is fully integrated with their asset servicing needs
Palladium, a Malta-based blockchain company, has launched what it says is the world’s first fully regulated Initial Convertible Coin Offering (ICCO). The issuance of a tokenised convertible warrant – which is regulated by a prospectus approved by the Malta Financial
Northern Trust Hedge Fund Services (NTHFS) has launched Rec Dashboard, an enhanced reporting tool that improves efficiency in account reconciliation. The dashboard provides a comprehensive, real-time view of breaks and reconciliations in trade activity between NTHFS clients and other institutions.
The European Securities and Markets Authority (ESMA) has published a call for evidence on the evaluation of the EU regulation on short selling and certain aspects of credit default swaps (SSR). This follows receipt of a formal mandate from the
Cinnober, an independent provider of exchange technology, and BitGo, a specialist in institutional-grade cryptocurrency security, are partnering to provide solutions to cryptocurrency exchanges. BitGo’s wallet solution will expand Cinnober’s trading and post-trade platform to provide an end-to-end secure, institutional-grade digital
Singapore Exchange (SGX) is enhancing access to listed companies by introducing continuous all-day trading from 9.00am to 5.00pm. SGX trading hours will now overlap more with those of other Asian exchanges, allowing investors who trade pan-Asian securities to respond to
OTCX, a digital solution for OTC derivatives price discovery and negotiation, has created an integrated two-way connection to Orchestrade’s core portfolio management and risk systems, moving clients away from voice and chat, and cutting buy and sell side client costs
The US Commodity Futures Trading Commission (CFTC) has issued permission to Eurex Clearing AG (Eurex) to begin clearing swap transactions on behalf of customers of futures commission merchants (FCMs), providing US customers with another option for clearing their swap transactions.
