The newly-launched AlphaClone Alternative Alpha ETF ALFA has become the first exchange-traded fund (ETF) to invest in disclosed equity positions held by established hedge fund managers. The new ETF seeks to capture alpha from these managers’ long positions while protecting
Cryptocurrency exchange BEQUANT has appointed Daniel Clayden as its new Head of Product Development. With 25 years’ experience in Capital Markets and Financial Services Technology, Clayden’s appointment will strengthen the company’s growing roster of products in the cryptocurrency market.
Standard & Poor’s Securities Evaluations, a provider of independent securities evaluations, and SuperDerivatives, which specialises in derivatives pricing, revaluation and risk managem
The international derivatives exchange Eurex is expanding its sector index products segment by adding global sector futures denominated in US dollars, and has also announced plans to launc
Bermuda is the latest jurisdiction to update its regulation in response to the rising prominence of blockchain technology innovation and Initial Coin Offerings. The Companies and Limited Liability Company (Initial Coin Offering) Amendment Act, 2018 (the “ICO Act”), came into force on
SuperDerivatives, a provider of derivatives pricing and multi-asset front-office systems, risk management, revaluation and online options trading solutions, has launched the next generatio
Bermuda is embracing the blockchain revolution, and creating a robust and fit-for-purpose legal and regulatory framework governing initial coin and token offerings (ICOs) and digital asset businesses. Fintech businesses could, according to Scott Watson-Brown (pictured), PwC Bermuda’s Asset Management leader,
Singapore Exchange has appointed Jeremy Ang Peng Leong as chief executive of the Singapore Commodity Exchange, following its acquisition of the exchange, which is scheduled to be completed
On 17 December 2018, Bermuda formally introduced the Economic Substance Act 2018, the measures therein becoming applicable with effect from 1st January, 2019. Its genesis resulted from Bermuda being placed on the EU’s grey list of jurisdictions due to concerns over
By Matthew Ebbs Brewer, Sally Penrose & Alexis Haynes, Appleby Global – As interest continues to be shown to the growing digital asset industry, attention is being given to the concept of tokenising investments in mutual funds. In 2018, Bermuda implemented
