European Energy Exchange AG (EEX) has been awarded the contract for the sale of fuel emission allowances in the national Emissions Trading Scheme (nETS) by the German Federal Environment Agency. Fuel emissions trading has been in force in Germany
Cineworld, a long-standing target of hedge fund short sellers, saw its share price plummet on Thursday after the group slumped to an eye-watering USD3 billion pre-tax loss last year as a result of the coronavirus pandemic. The beleaguered global movie
Glue42, a provider of integrated desktop solutions to financial institutions globally, and Velox, a data-centric, low-code application platform built for the front-office, have launched the ‘G42 Fidessa/Velox Appliance’. Read the full story at Institutional Asset Manager…
TORA, a provider of trading technology, has integrated its order & execution management system (OEMS) with BondCliQ’s US corporate bond consolidated quote and trade data. The integration will greatly improve the contextual pricing data available to TORA customers evaluating corporate
Newly launched digital treasury services management provider SH Capital Ltd (SHC), has appointed FinIQ as its digital trading platform. Read the full story at Institutional Asset Manager…
Tether tokens (USDt) have climbed above a market capitalisation of USD40 billion, amid a surge in institutional and corporate demand. As the most stable, liquid and innovative stablecoin, USDt is cementing its pivotal role within the digital token ecosystem. The
Horizon Software a provider of electronic trading solutions and algorithmic technology, is making its trading and algo solutions available in the fast-growing Vietnam market. Throughout the pandemic, capital has poured into the Vietnamese stock market – surging 20 per cent
The hedge fund industry experienced USD30.5 billion in inflows in January, a strong start to the year following a December that saw nearly balanced flow activity with USD42.6 million in redemptions, according to the Barclay Fund Flow Indicator from BarclayHedge.
Drury Capital, the long-running US trend-following hedge fund firm led by former grain trader Bernard Drury, has soared into double-digit territory this year, with both its established flagship fund and recently-launched multi-strategy futures fund making gains across commodities and equities
Muzinich & Co has appointed five investment professionals, as the firm continues to deepen its investment capabilities within corporate credit. Brian Nold, formerly a Founding Partner and Chief Investment Officer of Column Park Asset Management, will focus on multi-asset credit
