No hedge fund firm today should be designated a “systemically important financial institution” by regulatory authorities, according to the Alternative Investment Management Association (AIMA), the global hedge fund association. As the Financial Stability Oversight Council considers and is expected to
The US Commodity Futures Trading Commission (CFTC) today announced the release of two new data sets that add further transparency to commodity futures markets. The new reports, entitled “Large Trader Net Position Changes” and “Trading Account Net Position Changes,” build
Backstop Solutions Group, a provider of software-as-a-service platforms for the alternative asset management industry, has opened its Asia Pacific office in Hong Kong. The new office will better position Backstop Solutions to serve its Asia Pacific customer base in a
Eurex Exchange, the international derivatives market of Deutsche Börse Group, is to extend its product range by introducing foreign exchange (FX) derivatives as a new asset class. Effective 7 July 2014, exchange-traded currency futures and options will be offered on
DoubleLine Capital has licensed Vichara Technologies’ V*CLO platform for analysis of collateralised loan obligations (CLOs) and their underlying collateral pools. “The DoubleLine fixed income teams require IT solutions that can be customised to our investment approaches and existing platforms,” says
Deutsche Bank is to serve as a market maker in the option on the EURO STOXX 50 Index Dividend future. Deutsche Bank is the first Permanent Market Maker in this product, providing continuous quotation in the order book. Since
Paddock Fund Administration has gone live with IGEFI Group’s MultiFonds fund accounting platform. Paddock specialises in fund administration, transfer agency, client communication and domiciliation. It acts as an independent partner with PSF status, servicing international clients as central administrator for
The joint venture between CLS Group and Traiana, an Icap company, to provide trade aggregation services to participants active in the over-the-counter FX market has gone live. The service, known as CLSAS, aims to reduce operational risk, lower post trade
Total volume in NYSE Liffe’s AEX-index daily and weekly options has now passed 20 million contracts. Designed with short-term trading strategies in mind, the contracts were launched in March 2008 and May 2006 respectively and are traded on the Amsterdam
Calastone has implemented its Proquote connection, providing real-time market data coverage of the global markets with integrated trading supporting a number of exchange venues. The connection with Proquote, which is owned by the London Stock Exchange, has already seen Investec
