SYZ Asset Management (SYZ AM) has expanded its offering of quantitative solutions through the launch of OYSTER Equity Premia Global. This new offering builds on the strong success of the OYSTER Market Neutral Europe fund and will similarly seek to
LUX Fund Technology and Solutions (LUX FTS), a business and technology solutions provider for the alternative asset industry, has hired Christopher Bloechle as chief technology officer. The company has also promoted founding partner, Mark Christine, to Chief Innovation Officer. “We
Nomura Alternative Investment Management (NAIM), a London and Paris-based quantitative investment manager within Nomura Group has launched the Nomura Diversified Absolute Return UCITS Fund. The Fund aims to deliver absolute returns with a low volatility profile (close to 3 per
Exchange Data International (EDI) has appointed an Advisory Panel to advise it on the company’s next stage in growth. This panel includes three industry experts that will assist EDI in developing its strategies for both acquisition and organic growth. The
Strong uptrends in equities, bonds, the US Dollar and gold helped push managed futures funds to another profitable month. CTA funds posted a 0.98 per cent return in July, according to the Barclay CTA Index compiled by BarclayHedge, a division
PEGAS, the pan-European gas trading platform of EEX Group, operated by Powernext, has introduced spot and futures contracts for the Spanish Virtual Balancing Point (PVB). Physical spot products (Within-Ahead, Day-Ahead and Week-End contracts) and physically delivered futures contracts (Month, Quarter,
Sterling Trading Tech (STT) has appointed Erik Schmidt – an industry veteran with two decades of experience in capital markets – as Managing Director of Client Services. Schmidt’s career began on the trading floors of Chicago, which led him to
The financial services industry’s top priority for AI applications is data mining, according to the second annual AI Outlook Survey from Broadridge Financial Solutions. The survey, which explores the state of AI adoption and readiness among US financial services companies,
The Securities and Exchange Commission has charged a former bitcoin-denominated platform and its operator with operating an unregistered securities exchange and defrauding users. The SEC has also charged the operator with making false and misleading statements in connection with an
SmartStream Technologies, a financial Transaction Lifecycle Management (TLM) solutions provider, has appointed Vincent Kilcoyne as head of product management and promoted Christian Schiebl to Chief Operating Officer (COO). Kilcoyne will be responsible for the management of all product lifecycles from inception to
