Bill Prew (pictured) from the INDOS Group has written a note on the implications of Brexit on AIFMD depositaries. “A UK withdrawal from the European Union (EU) following the 23 June 2016 ‘Brexit’ Referendum has potential implications on the existing requirement
Neptune, the open standards network for pre-trade indications in bond markets, has formed a new company, Neptune Networks Ltd, to run the utility. The board will be comprised of members of the banks and asset managers involved in the collaboration
Cloud technology – The scale of a manager's IT infrastructure will largely depend on the type of trading strategy. A quantitative market neutral statistical arbitrage fund is likely going to spend more capital on front-office portfolio management, risk management systems and
There are a multitude of costs that a start-up alternative fund manager faces today, especially with respect to those looking to establish a hedge fund under AIFMD. From regulatory costs and waiting to receive FCA authorisation, to office and IT
EBS BrokerTec and ICAP Information Services (IIS) have launched the EBS CNH Benchmark, a fully electronic, trade-backed reference rate for the offshore Chinese renminbi (CNH) market. The benchmark has been launched following considerable interest from a number of major Chinese
Wolverine Trading UK Ltd (Wolverine’ has become a Member on TOM MTF as of 23 June 2016 and will start quoting as Market Maker in options. TOM MTF has accepted a number of new members recently and expects more in
ITG has launched an enhanced version of its smart order router which, in early tests, has returned 35 per cent size improvement over the displayed quantity and USD0.0015 per share price improvement if routed to dark and lit venues. “This
City Financial Investment Company has acquired management of the Convex Strategy, with current assets of USD180 million, from Fortress Investment Group in Asia. The strategy will be managed by chief investment officer David Dredge and the investment team who join
A new study from Barclays Prime Services examines the effect of poor performance in the event driven hedge fund strategy on institutional investor demand and reveals that, in recent years, those strategies have been some of the most consistently in
Allianz Risk Transfer (ART) and Nephila Capital (Nephila) they have successfully piloted the use of blockchain smart contract technology for transacting a natural catastrophe swap. The test run not only demonstrates that transactional processing and settlement between insurers and investors
