GLMX Technologies (GLMX), a technology solution for trading money market instruments including repurchase agreements (repo) and securities lending, has appointed two senior executives – Gareth O’Loughlin as VP of Engineering and Joseph Russo as Director of Money Market Sales. Based
The Depository Trust & Clearing Corporation (DTCC) has launched its enhanced Institutional Trade Processing (ITP) service, ITP Data Analytics. The new service includes powerful analytical tools that enable Broker/Dealers and Investment Managers to measure and compare their operational performance against
Daemon, a USD4 billion alternative investment management firm founded in Brazil, has expanded its US alternative investments arm. The expansion of the business will enable the firm to further build upon its decades-long track record of investing across export finance,
Cboe Global Markets, a provider of global market infrastructure and tradable products, has appointed Stephen Berte as President of its BIDS Trading unit, effective 4 April, 2022. Berte has nearly twenty years of experience in equity trading and is joining
BNP Paribas Asset Management (BNPP AM) has appointed Nadia Grant as Head of Global Equities. Based in London, Grant will report to Guy Davies, CIO, Fundamental Active Equities. In her new role, Grant will be responsible for BNPP AM’s Global
Despite increases in the the price of commodities helping Brazilian assets lead global gains this year, one of the country’s biggest independent hedge funds is predicting that there may be trouble ahead, according to a report by Bloomberg. With Brazil’s
MEMX, a market operator founded by a diverse group of participants to benefit all investors, is to launch a US options exchange.
Prime brokers report cuts to long and short positions in a ‘nowhere to hide’ market. Prime brokers are reporting cuts to both long and short position in US equities by their hedge fund clients as managers look to mitigate the
Trading Technologies International, a provider of professional trading software, infrastructure and data solutions, has acquired RCM-X, a technology provider of algorithmic execution strategies and quantitative trading products. TT made the announcement at a session with leaders of many of the
Tokenise, a new ownership exchange for security tokens, including fractional ownership and royalties, is partnering with ScribeStar, a capital markets technology company, to fully digitalise the admissions process for digital assets on the Tokenise Stock Exchange. Tokenise is set to
