Macro Risk Advisors (MRA), a provider of global equity derivatives strategy and trade execution for institutional investors, has expanded its sales and trading team with the addition of Jerry Hammerschmidt as an Institutional salesperson. The addition of Hammerschmidt demonstrates MRA’s

BGC Partners, and its majority-owned division, GFI Group – a provider of trading technologies and support services to the global OTC and listed markets – are to sell GFI’s Trayport business to Intercontinental Exchange for USD650 million. Howard W Lutnick

Dovish language from the European Central Bank and language from the US Federal Open Market Committee, interpreted as positive on growth while remaining data dependent, drove markets higher last month, according to the latest Hedge Fund update from GAM. Global

Beeks Financial Cloud – which helps institutions trade foreign exchange securely and quickly through the cloud – has bought Chicago-based futures specialist VDIware for an undisclosed seven-figure sum. The acquisition was self-funded by Beeks Financial Cloud, without borrowing.   The

BlueMountain Capital Management has held the first closing of the BlueMountain Summit Opportunities Fund II with approximately USD1 billion in capital commitments. The Summit Opportunities Fund II will concentrate on high conviction investments across asset classes including corporate credit and

Intercontinental Exchange is to sell approximately 4.2 million shares in Euronext NV, representing approximately 6% of Euronext’s share capital, by way of an accelerated book-building to institutional investors. Following the sale, assuming all shares are sold, ICE will no longer

Preqin looks in detail at investors’ allocations to real estate to assess how they are changing, and how, in light of current investor sentiment, these allocations may be impacted in the coming years. Institutional confidence in real estate has increased significantly