Northern Trust is to take an equity stake in Essentia Analytics, a provider of behavioural analytics and consulting services. The addition of Essentia behavioural analytics solutions is an extension of Northern Trust Whole Office, a strategy that facilitates client access
Quadratic Capital Management, an innovative asset management firm, today announced the launch of the Quadratic Deflation ETF (NYSE Arca: BNDD).
Audrey Strauss, United States Attorney for the Southern District of New York, sentenced Stefan He Qin to seven years in prison for fraud and embezzlement.
Edge Focus, a technology company that applies machine learning and artificial intelligence to analyse credit, has entered into a strategic partnership with prominent hedge fund Brevan Howard and global quantitative trading firm DRW. “I cannot think of two better complementary
The Australian Securities and Investments Commission (ASIC) has banned Dylan Christopher Rands, of Sydney, NSW, from providing financial services for five years after finding he engaged in market manipulation. Rands was a former dealer and portfolio manager at AUD2 billion
South Street Securities LLC (SSS) has appointed Andrew Leone as Managing Director in its Equity Finance Team. “We are in our next phase of growing our Equity and technology offering and I see Andrew’s experience and knowledge as the perfect
Man GLG, the discretionary investing unit of London-listed global alternative investment giant Man Group, has launched a new sustainability-focused long/short equity hedge fund which will trade across regions and sectors with a positive ESG bias. The Man GLG RI Global
JTC has acquired Ballybunion Capital Limited (Ballybunion), a boutique asset manager based in Ireland. The initial consideration will be settled in cash and JTC equity. A further deferred consideration is available on the achievement of performance targets in the current
LSEG’s (London Stock Exchange Group) Turquoise Plato is connecting to OpenFin in response to the industry need for workflow efficiencies, application interoperability, and a more unified desktop experience for the buy-side and member firm users. Turquoise has a proven track
OptionMetrics, an options database and analytics provider for institutional investors and academic researchers worldwide, has launched IvyDB Borrow Rate offering insights on the options-implied costs of short-selling individual securities computed intraday across maturities. The new dataset gives institutional investors and
