As part of a major repositioning, currency asset and liability manager The ECU Group has appointed a number of senior executive and non executive directors, who have also become significant investors in the company. ECU plans to build upon the
Fiera Capital Corporation (Fiera Capital) is to acquire acquire all of the outstanding shares of Foresters Asset Management, a wholly owned subsidiary of Foresters Financial. Foresters Asset Management is an Ontario-based investment management firm focused on institutional and insurance liability-driven
The Commodity Futures Trading Commission (CFTC) has issued a letter informing the North American Derivatives Exchange (NADEX) that it has commenced a 90-day review of NADEX’s proposed political event derivatives contracts. The review is based on the possibility that these
Coeli has launched its second programme on dbSelect, Deutsche Bank’s platform for accessing liquid hedge fund strategies. Coeli Spektrum manages USD110m with an annualised return over the last 36 months of 13.6 per cent net of fees. The launch of
Interactive Data, a provider of managed ultra-low latency infrastructure and market data services designed to facilitate electronic trading, has launched a new version of the Interactive Data RMDS Feed Handler, capable of delivering a lower latency consolidated data feed at
BEQUANT, cryptocurrency exchange and prime brokerage, has launched BEQUANT DIRECT, a new Advanced Connectivity Service offering a low-latency co-located trading environment for institutional and professional traders. BEQUANT’s co-location service will offer ultra-fast transfer of data, allowing for faster execution speeds
The US Commodity Futures Trading Commission has filed a civil complaint charging Intrade The Prediction Market and Trade Exchange Network (TEN), based in Dublin, Ireland, with offering commodity option contracts to US customers for trading, as well as soliciting, accepting
Hedge funds extended their run of positive returns to four straight months in April, returning 1.21 per cent for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge. By comparison, the S&P 500 Total Return Index rose
The Honourable Paul G Gardephe has entered consent judgments in the SEC’s case against Berton M Hochfeld and Hochfeld Capital Management, ordering injunctions, asset freezes, the appointment of a receiver, and other preliminary relief. The SEC filed its civil action
FTSE Group has launched the FTSE Super Liquid Index Series (SLQ), a broad family of real-time free float market capitalisation weighted indices designed to mimic the characteristics of key FTSE indices via a smaller, highly liquid universe of stocks. FTSE
