HPC Platform, a provider of data packet processing solutions, has changed its name to NovaSparks. Founded in 2007 by Marc Battyani and Eric Le Rolland, HPC Platform offers stable sub- microsecond latency for ticker plant, market data distribution and other
UBS is spreading its wings outside its Cayman fund administration stronghold into Dublin, where it is setting up a fund administration operation that will target hedge funds
NYSE Euronext set an all-time record of 13.3 million global derivatives contracts traded per day in May 2010. European derivatives average daily volume increased 51.5 per cent, driven by a 56.6 per cent increase in fixed income derivatives product ADV
ZEDRA Group, a specialist in Trust, Corporate and Fund Services has acquired LJ Fiduciary, from investment firm Alvarium. LJ Fiduciary will be rebranded and merged into the existing ZEDRA network. The deal is subject to local regulatory approval. LJ Fiduciary’s
Tora, an Asia-based provider of trading technology and financial services, is expanding Tora Crosspoint to cover new markets including Hong Kong, Singapore and Australia, following the launch of the service for Japan. Tora Crosspoint is an off-exchange liquidity venue comprised
The European Energy Exchange (EEX) has supplemented the auction calendar for the year 2020 with the auctions for EU aviation allowances (EUAA). The respective dates were fixed in coordination with the European Commission and the participating Member States as well
Asset Alliance Corporation has acquired an equity interest in Spencer Capital LLC, a New York-based hedge fund advisor. Asset Alliance,
Credit Agricole’s Asian Investment Team examines the reasons for the recent declines in Asia and outlines the prospects for investors in markets such as China.
New York-based Madison Capital Management, LLC has launched a joint venture with PREI to capitalise on non-traditional real estate investment opportunities.
Drawbridge Partners, a cybersecurity software and services firm specialsing in the needs of hedge fund and private equity managers, has launched DrawbridgeConnect-R, a Vulnerability Management as a Service (VMaaS) platform. DrawbridgeConnect-R continuously analyses a firm’s vulnerabilities – rather than providing
