A group of former Man Group executives has launched a new hedge fund platform, Revere Capital Advisors, which aims to allow emerging hedge fund managers to focus on their core investment a
NICE Actimize, provider of a single financial crime, risk and compliance software platform for the financial services industry, has launched a comprehensive hedge fund trading compliance solution designed to monitor the activities of hedge funds across all cash market and
The Depository Trust & Clearing Corporation (DTCC) has teamed up with six banks to launch Clarient Entity Hub, which is designed to provide increased controls, standardisation and transparency during the client on-boarding process and ongoing client lifecycle events. Clarient Entity
Chicago Board Options Exchange’s (CBOE) Volatility Index (VIX index) has set an all-time, single-day volume record, with options volume totalling an estimated 1,782,329 contracts. This easily surpassed the previous record of 1,399,867, contracts traded on 15 April 2013.
Momentum trading strategies in foreign exchange markets yield “striking” excess returns of up to 10 per cent a year, according to a new study. ‘Cross-sectional strategies’ – where investors go long or short on a basket of currencies based on
The international derivatives exchange Eurex will further extend its product offering by introducing 13 new equity options on underlying Belgian, Dutch, French and Spanish stocks on May 19
Guernsey-based fiduciary and fund administration firm Legis Group has announced the appointment of Alison Mahoney from Barclays Wealth as managing director of Legis Trust.
Sapient Global Markets has become a certified implementation partner of the European Energy Exchange (EEX) to facilitate regulatory reporting in the European energy wholesale markets. Sapient Global Markets and the EEX will work together to help firms comply with
Conifer Securities, a provider of business and operations solutions to hedge fund managers, family offices, foundations and endowments, has agreed to purchase Morgan Stanley’s outsourced t
Eurex Clearing has announced it has successfully transferred all customer positions and wound down all proprietary positions of Lehman Brothers International (Europe) in an orderly and tim
