Liquidnet, the institutional trading network, has seen strong quarterly performance globally. In Europe, total principal traded was over USD22.6bn, up 64.7 per cent from Q4’12. In Asia, overall principal traded exceeded USD5bn for the first time, marking a
McKay Brothers International (MBI) has expanded its lowest known latency market data services to India. The Quincy Extreme Data (QED) service now distributes select London Metals Exchange data at Mumbai’s Banda Kurla Complex (BKC) in less than 51milliseconds one-way. In
The global forex fraud that has implicated several high profile forex trading firms on Wall Street was uncovered by a hedge fund set up by the Federal Bureau of
Dmitri Rabin is to join the fixed income team of Jennison Associates as a managing director and portfolio manager, effective 12 March 2019. Rabin (pictured), brings 18 years of investment experience to the role, specialising in mortgages and structured finance.
24 Exchange, a new offshore, multi-asset class, over-the-counter (OTC) platform, is now live and open for trading. The first product available for trading is Foreign Exchange (FX) Non-Deliverable Forwards (NDFs). 24 Exchange enables institutional market participants to anonymously exchange FX
Traiana has expanded the Traiana Harmony network to manage exchange-traded derivatives. Fully integrated with Traiana’s solution for foreign exchange, Harmony for Exchange Traded Derivatives provides real-time post-execution risk management, with services for straight-through-processing, allocations, reconciliations, and confirmations for ETD trades.
Anthony Maniscalco, the former head of alternative asset management within Barclays’ financial institutions investment banking division, has joined Blackstone Alternative Asset Management (BAAM), Blackstone’s hedge fund solutions business. He will be a managing director on BAAM’s investment team, focusing his
Greenwich Associates, the provider of research-based consulting services in institutional finance, has acquired Competitive Challenges, a leading knowledge and b
Meridian Global Fund Services Group, a fund administrator, has implemented Fascet Balance and Fascet Conduit solutions for its enterprise data management. Meridian Global Fund Services now has data normalisation and business process management solutions and the ability to automate the
