As part of a new, client-centric approach to execution consulting called UBS Quant on Demand (UBS QUOD), UBS has launched a new algorithmic trading tool called UBS QUOD Studio. UBS QUOD Studio is an iPad® app allowing UBS algorithmic trading
Pershing LLC, a BNY Mellon company, has added more than 20 new providers to its ValueAlliance program. ValueAlliance offers Pershing’s introducing broker-dealer, independent registered investment advisor (RIA) and hedge fund customers preferred pricing and access to solutions from a network
Beach Horizon, a London-based hedge fund trading a global portfolio of commodity, financial and foreign exchange markets, has deployed Navatar Hedge Fund Cloud to manage its fundraising and investor relations. "Beach Horizon uses state-of-the-art technology for all aspects of its
Broadridge Financial Solutions, Inc has launched its post-execution processing solution for prime brokers and investment banks. Based on the market leading multi-currency trade processing and settlement platform, Gloss, the new solution offers international transaction settlement and real-time custody and financing
NYSE BondMatch, BYSE Euronext’s new Multilateral Trading Facility (MTF) designed to meet European user needs for transparency, liquidity and effective pre- and post-trade services on the euro-denominated bond market, has received regulatory authorisation and will begin trading on July 11,
Newedge has launched an enhanced foreign exchange prime brokerage platform offering institutional clients access to the global currency market – the largest, most liquid market in the world. Connectivity to the forex market’s electronic platforms has been significantly expanded, while
Advent Software, a provider of software and services for the investment management industry, has released Advent Portfolio Exchange 3.0, the latest version of its portfolio management solution. The latest version of APX offers flexibility to manage portfolios and client relationships.
First-day trading volume for CBOE Short-Term Volatility Index options with weekly expirations totalled an estimated 3,134 contracts, according to data released by the Chicago Board Options Exchange. “We were pleased to see a very active opening day of trading in
The number of agricultural derivatives traded on Eurex has exceeded 100,000 contracts since their launch in July 2009. Volume has been increasing steadily, partly due to the volatile weather conditions in 2011 and 2010. Year-to-date, the average daily volume (ADV)
Pictet Asset Management, the asset management arm of the Swiss private bank Pictet & Cie, has launched the Kronos Fund, a global equity long/short trading fund. The fund is distinctive as it combines a long/short equity strategy with an overlay
