The Depository Trust & Clearing Corporation (DTCC), a post-trade market infrastructure for the global financial services industry, has outlined enhanced resilience measures that financial firms should consider adopting to ensure the continued safety of the financial markets amid an increasingly
The Managed Funds Association, which represents 150 of the world’s leading global hedge funds, with nearly $2.6tn AUM, has made a complaint (against the London Metal Exchange (LME) over the recent suspension of nickel market trading. Jennifer W Han, Executive
Digital asset investment products saw inflows totalling $100 million last week, according to the latest CoinShares Digital Assets Fund Flows wWeekly report, despite crypto prices range trading. Bitcoin saw inflows totalling $126 million last week, bringing total inflows year-to-date to
Former Citadel analyst Gregory Blotnick has been sentenced to over four years in prison by a federal judge in Newark, New Jersey, after claiming $4.6 million fraudulent Covid relief loans for his start-up hedge fund Brattle Street Capital LLC, according
Hedge funds produced mixed declines in May as volatility across global equity, bonds and commodity markets accelerated, with equities falling into correction territory amidst many investors positioning for the US economy to enter recession as a result of generational inflation.
The SBAI, an active alliance of institutional investors and alternative asset managers, has published guidance on Responsible Investment in Insurance Linked Strategy Funds. The SBAI and its Responsible Investment Working Group has previously published a Responsible Investment Policy Framework, and
Apifiny, a global cross-exchange digital asset trading network, has launched Apifiny Algo, an advanced performance crypto trading library in C++ for High Frequency Trading (HFT) and latency sensitive traders. The trading library is being rolled out with global cryptocurrency exchange
Most traditional hedge funds getting into digital assets are still just ‘dipping their toes’ in the water with 57% having less than 1% of total AuM in digital assets.
Umbria Network has joined the Polygon Ecosystem DAO’s “Polygon Village,” an initiative designed to assist developers in growing their projects. Following an initial development grant from Polygon in early 2021, the latest collaboration will see Polygon Village bolstering Umbria’s
Jewel Bank, a banking platform for the digital asset economy, has received approval from the Bermuda Monetary Authority (BMA) for its combined full bank license and digital asset business (DABA) license. Jewel Bank is Bermuda’s first new bank in over
