Newedge USA has brokered and centrally cleared its first dealer-to-client interest rate swap transactions at the International Derivatives Clearinghouse, a derivatives clearing organisation owned by the International Derivatives Clearing Group and regulated by the US Commodity Futures Trading Commission. The
Caspian now has 15 global institutions live on its crypto asset management platform and is currently implementing 20 more. The company expects to have 50 clients on the platform by the end of the year. The live clients include Techemy,
The Newedge Volatility Trading Index rose by an estimated 1.33 per cent in August, following an estimated increase of 2.58 per cent in July. Since inception, the index is up 5.52 per cent. The number of constituent funds is nine.
Societe Generale Securities Services (SGSS) and Addventa have agreed a partnership to launch a service for automated drafting of portfolio management commentaries based on artificial intelligence solutions. Management companies, who are SGSS clients, will benefit from an automated and instant
The New York Stock Exchange (NYSE) and NYSE MKT have temporarily assigned custodial responsibility for approximately 524 New York Stock Exchange (NYSE) and 156 NYSE MKT listed securities from the Designated Market Maker (DMM) unit of Knight Capital Americas LLC
Quantitative Brokers (QB), an independent provider of advanced algorithms and data-driven analytics to clients in the futures and US cash treasury markets, has added two new algorithms, Octane and The Roll to its suite of best execution algorithms: Bolt, Strobe,
Canoe Intelligence (Canoe) a new AI-driven solution aimed at eliminating manual data entry for alternative asset investors. Canoe’s technology allows institutions, LPs, and family offices to automate data extraction and data management and refocus capital and human resources on business
Royal Bank of Scotland has launched 2,000 Turbos on NYSE Euronext in Paris, bringing the market total to 4,300. These Turbos are already listed on NYSE Euronext in Amsterdam. The Turbos introduced by RBS offer investors an increase in
Watson Wheatley Financial Systems has successfully implemented its iRecs reconciliation system at London-based BennBridge, part of the Bennelong Funds Management Group. The deployment of iRecs covers daily reconciliation of positions, trades, balances and cash flows as well as P&L, NAV
Fidessa group, a provider of trading systems, market data and connectivity to both buy-sides and sell-sides, has launched global market coverage for its fragmentation analysis tools, the Fidessa Fragmentation Index and Fragulator. These free to use web-based services were first
