Unintended consequences of new regulations are hindering hedge fund managers from boosting returns for their investors. According to findings from analytics firm OpenGamma, hedge funds can now be charged an eye watering 70 per cent additional margin because of regulatory changes,
GoldenSource has launched a new data connection to support the Association of National Numbering Agencies (ANNA) and Global Legal Entity Identifier Foundation (GLEIF) initiative to link International Securities Identification Numbers (ISINs) and Legal Entity Identifiers (LEIs). The combined ANNA and GLEIF
Nomura, Asia’s global investment bank, has made its five FX algorithmic strategies available on the BidFX platform. Clients can now access Nomura’s FX Algo Tsuwamono Series on BidFX. Each strategy offers a wide range of flexibility on executions suited to client requirements
Thesis Unit Trust Management Limited (Tutman), an independent Authorised Fund Manager (AFM), CRUX Asset Management Limited (CRUX), an independent fund management company, and Sanditon Asset Management Limited (Sanditon), an independent investment management firm, have transferred two Sanditon funds to CRUX.
Transaction Network Services (TNS) launched its TNSXpress product suits at the FIA Expo in Chicago. TNSXpress includes TNS Layer 1, TNS Managed Hosting and TNS Market Data. This combined offering provides ultra-low latency connectivity and covers a significantly expanded global
Financial services regulatory consultancy Bovill has appointed cybersecurity regulation expert David Copland as a Managing Consultant. Copland (pictured), joins from a risk management consultancy and will be responsible for servicing clients in relation to risk management, cybersecurity, electronic and algorithmic
The US Securities and Exchange Commission (SEC) is neeting on Wednesday 23 October to vote on proposed changes to the SEC’s highly successful Dodd-Frank Act whistleblower reward program. If approved, the proposed changes will destroy vital whistleblower protections, undermine the
Kurtosys, an Enterprise Experience Cloud platform for financial services firms, has appointed Leeya Hendricks as VP of Global Marketing. Hendricks will head up the marketing and communications function at Kurtosys and drive the firm’s marketing strategy. Over her career Hendricks (pictured) has held various senior executive positions and has
Cryptocurrency exchange bitFlyer has launched the bitFlyer app across Europe and the USA. The app, available for free on both iOS and Android, will allow users to buy and sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum
IHS Markit has partnered with Magis Analytics, to launch electronic trade settlement for the distressed leveraged loan market. Parties to distressed loan trades manage lengthy legal due diligence reviews, document production and trade closing, manually. The average settlement time for
