GCEX, a prime brokerage in digital assets and FX, has released XplorDigital trading solutions, including two new proprietary trading platforms – XplorSpot and XplorTrader – to help brokers, fund managers, hedge funds and professional traders operate more efficiently.
The Supervisory Board of European Commodity Clearing AG has appointed Dr Tobias Paulun as the new CEO of the clearing house, effective from 1 April. The 41-year-old, who holds a doctorate in engineering and economics, will relinquish his previous position
New Jersey based hedge fund Chatham Asset Management and the firm’s founder Anthony Melchiorre have agreed to pay more than $19.3 million to settle Securities and Exchange Commission (SEC) charges that they improperly traded fixed income securities.
China-focused hedge-fund firm Snow Lake Capital Ltd has closed its office in Hong Kong after 12 years of operating in the city, according to a report by Bloomberg, citing unnamed sources familiar with the matter.
Activist investor ValueAct Capital is pushing Japanese retail group Seven & i Holdings to either spin off its 7-Eleven convenience store chain or consider selling the company in its entirety, according to a report by Reuters.
Ken Griffin’s Citadel has joined the growing list of hedge funds and another investment firms tapping Morgan Stanley for new recruits with the appointment of Li Sun as a quantitative researcher focused on global credit. Sun, a PhD physicist, spent
Digital asset investment products saw inflows totaling a lacklustre $2.5 million, with trading volumes falling by 33% compared to the prior week, according to the latest Digital Assets Fund Flows Weekly report from CoinShares. Sentiment for bitcoin was fairly supportive,
The TCW Group, a global asset management firm, has entered into a strategic partnership with Lakemore Partners Ltd. and its group entities, a private credit investment firm primarily investing in super-majority control collateralised loan obligation equity.
Investment fund allocators expect to increase their commitments to hedge funds over the next 12 months, according to recent research into alternative asset appetites by virtual capital introduction and conference organiser iConnections.
As some categories of alternative data mature and become standardised in the investment research process, new research from fintech Exabel with active investment managers and analysts reveals that 76% believe consumer spending data will provide an ‘outsized’ information edge in
