Electronic market maker Virtu Financial (Virtu) is to join as a participant of GMEX Exchange to offer liquidity in GMEX’s pioneering Interest Rate Swap Constant Maturity Future (CMF) contracts. Orders will be matched on the GMEX exchange platform, with trade
The Financial Industry Regulatory Authority (FINRA is to perform the majority of the The Chicago Board Options Exchange (CBOE) and C2 Options Exchanges’ (C2) regulatory services. Additionally, CBOE entered into a separate agreement with FINRA, under which CBOE will assign
The US Commodity Futures Trading Commission (Commission) has approved an amendment to and consolidation of LCH.Clearnet Ltd’s (LCH) orders of registration as a derivatives clearing organisation (DCO). The amendment permits LCH to provide clearing services for “swaps,” as defined in
Liquidnet has partnered with Torstone to consolidate its back office technology by replacing multiple systems within one modern, sophisticated, international platform. By adopting Inferno, Liquidnet will benefit from improved control and efficiency through a flexible and scalable system that easily
Huntington Asset Services is providing support for Spouting Rock Fund Management’s Spouting Rock/Convex Dynamic Global Macro Fund, which launched 21 November. Huntington offers administration, accounting, custody, transfer agency services, distribution and tax services for the fund, which pursues positive absolute
By Louise Guillemette (pictured, above) and Poseidon Retsinas (pictured, left), both Legal Counsel at Innocap Investment Management – The managed account space is evolving from the traditional standardised and commingled offering toward customisation for single investors. Innocap offers its investors dedicated investment vehicles of multiple types,
Linedata has made significant enhancements to its web portal facility for its Linedata Admin Edge platform. These enhancements focus on data control, reconciliation and creating ad-hoc user-defined views. The enhanced web functionality, powered by Linedata Reporting, fuses secure access to
Taliance, a global analytics provider serving the alternative investments marketplace, has released a new version of its asset and data agnostic platform, GlobalAsset. The new release enables users to view their investment platform as a whole and then drill down
Financial services technology providers Fund Recs and CloudMargin are offering the first fully integrated, cloud-based collateral management and portfolio reconciliation platform. This partnership meets the needs of derivatives users looking to improve processing efficiency, minimise risk and meet the regulatory requirement
Today’s prevailing narrative is quite simple: heightened demands for a transparent view of investment risks are putting considerable pressure on private equity and real estate fund managers, and their service providers. In short, risk transparency is becoming a key requirement
