Tether Gold (XAU₮), a digital asset providing ownership of physical gold (XAU) custodied in Switzerland, has witnessed increasing demand as the price of gold surpasses USD1,900 a troy ounce amid increasing geopolitical tensions.
Activist hedge fund TCI Fund Management is challenging Italy’s government over the sale of a motorways unit held by Atlantia, the Rome-headquartered infrastructure group which managed the Morandi Bridge that collapsed in Genoa in 2018, killing 43 people.
JPMorgan Chase Bank is to pay a USD65 million to settle CFTC charges that it attempted to manipulate of the ISDAFIX benchmark. A CFTC Order found that over a five-year period, beginning in at least January 2007 and continuing until
The long running battle between Elon Musk’s Tesla and short sellers looks set to continue despite the company’s unexpected results…
Blockchain platform Telos has increased its staking rewards and funding for development. Stakeholders voted to approve these measures as part of the Telos Economic Development Plan 2.0, supporting core developers and the network’s increased adoption.
Real time data from SIX’s catalogue, which includes 1,800-plus global exchanges and trading venues, is now available via the Xignite Enterprise Microservices offering. Read the full story at Institutional Asset Manager…
Saxo Bank, a fintech specialist focused on multi-asset trading and investing, has added China A-shares to its global multi-asset offering. Saxo Bank clients are able to trade A-shares listed on the Shanghai and Shenzhen stock exchanges. Access will be enabled
Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives markets, and business information provider IHS Markit, are partnering to automate the calculation of margin estimates within thinkFolio. The collaboration will, for the first time, provide
Altana Wealth, the credit, currency and special situations-focused hedge fund led by former Trafalgar Asset Managers co-founder Lee Robinson, believes its specialist corporate bond strategy is well placed to generate further gains following a strong second quarter performance. The firm’s
CIAM, the London and Paris-based activist hedge fund, has hit out at Ontex Group NV over what it sees as financial underperformance and a lack of strategic direction, and is calling for a shake-up of the Belgian personal hygiene products
