The European Power Spot Market, operated by EPEX SPOT, started the new year with a record monthly volume of 58.8 TWh, an 8% increase from the same period last year. The 20% growth in the Intraday Markets was supplemented by
A tokenised version of a global macro hedge fund run by renowned manager Chua Soon Hock has been listed on Singapore-headquartered private markets exchange ADDX, according to a report by Fund Selector Asia. Through the use of blockchain and smart
Apex Group has appointed Alice Read as country head, Jersey. She will report to James Burke, regional head of Northern Europe and Channel Islands and be responsible for leading the group’s Jersey-based team.
SkyBridge Capital, the hedge fund firm found by Anthony Scaramucci, saw losses in its largest fund of 39% last year after investors asked the firm to return half their money after a series of failed bets on cryptocurrencies and now-bankrupt
Broadridge Financial Solutions has formed a strategic partnership with analytics solution provider Point Focal to bring Point Focal’s alternative data-driven quantitative insights to NYFIX, Broadridge’s order-routing network platform. Broadridge’s NYFIX clients will now have access to automated reports that combine
Digital asset investment products saw $117 million of inflows last week, the largest since July 2022, while total asset under management have risen to $28 billion, up 43% from their November 2022 lows, according to them latest digital assets fund
Quant trading specialist DE Shaw & Co has closed its first dedicated private equity fund with more than $450 million in capital commitments, falling just sort of the fund’s $500 million target, which was set a year ago, according to
Brazilian hedge fund manager SPX Capital is taking a leading role alongside other asset management firms in restructuring negotiations on behalf of a group of investors holding local bonds of troubled retailer Americanas SA, according to a report by Bloomberg.
US hedge fund Davidson Kempner Capital Management has bought $1.1 billion portfolio of bad debt from Abu Dhabi Commercial Bank (ADCB) consisting of 44 corporate loans to United Arab Emirates-based small- and medium-size enterprises, according to a report by Bloomberg.
SteelEye and LeapXpert have partnered to help financial firms combat the risks associated with the use of unauthorised communications channels. The moves comes as the SEC recently stepped up its probe into the use of messaging platforms such as WhatsApp
