BlueCrest Capital Management, once Europe’s third biggest hedge fund firm, is to stop managing money for outside clients after a sharp drop in assets and weak returns from its flagship macro fund. The firm’s flagship USD2.5 billion hedge fund, BlueCrest
Deutsche Börse Group has enhanced its securities lending services by linking a new agency lending service by Clearstream with Eurex Repo and Eurex Clearing. The new offering combines several elements of the broad Deutsche Börse value chain. The joint new
Trax, a provider of capital market data, trade matching and regulatory reporting services, has launched the Insight Demonstrator, a validation engine allowing institutional firms to test their reporting activity against MiFID II transaction reporting obligations. The Insight Demonstrator capitalises on
CBOE Holdings is to launch options on FTSE 100 Index and the FTSE China 50 Index. Chief Executive Officer Edward T Tilly (pictured) made the announcement at the the firm’s Risk Management Conference Asia (RMC) in Hong Kong. Options on
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has increased its US presence and capabilities by opening a new office in Boston, which will provide support for its growing client base and the
Natixis Global Asset Management has launched the ASG Dynamic Allocation Fund (DAAFX), a global asset allocation mutual fund managed by AlphaSimplex Group, LLC (AlphaSimplex). The fund seeks to deliver long-term capital appreciation to investors looking for a tactical global asset
Banking and payments technology specialist FIS has closed it s acquisition of SunGard, a financial software and technology services companies. The acquisition will allow FIS to offer a broad range of enterprise banking and capital markets capabilities that will further
More than 150 individuals representing AIMA Canada member firms from across the country participated in annual wine-tasting receptions held in Toronto and Montreal respectively last week. Sponsored by BMO Capital Markets, McMillan LLP and KPMG, the member appreciation receptions capped
Going into this week’s ECB meeting, Macro/ CTA strategies maintain large net short positions on the EURUSD cross, which are in line with expectations that the ECB will announce additional easing measures. Indeed, over the recent weeks, ECB officials have
Deutsche Börse Cash Market: Deutsche Börse has introduced a new advanced version of its Xetra electronic trading system release 16.0, offering customers new matching functions specially designed for larger volume orders. In addition hardware optimisation has furthermore led to an
