June proved difficult for CTA strategies, according to Newedge’s monthly performance data for its suite of hedge fund indices. "Risk-on" movements in the first three weeks and final days of June hurt CTA positions, which were generally structured to benefit
By Anthony Masso, CEO, Succession Systems – The SEC Enforcement Order against Knight Capital calls for Brokers to institute fully automated ‘lock downs’, prohibiting orders from entering the market if risk thresholds are reached. Called ‘kill switches’, are you aware
Melanion Capital, the first alternative manager to specialise in investment in dividend futures, has welcomed the announcement from Eurex of record volumes in the exchange’s dividend-based derivatives segment. According to Eurex, September’s monthly trading was a record high of
Kinetic Partners, a professional services firm to the asset management, investment banking and broking industries, has launched a risk monitoring and reporting platform in partnership with Riskdata, a risk management solutions provider. The service provides a scalable, transparent, Ucits-compliant, third
Financial information services company Markit has been selected by members of the Asia Securities Industry and Financial Markets Association (ASIFMA) to provide an online solution to facilitate compliance with Hong Kong’s Securities and Futures Commission’s (SFC) new electronic trading rules.
Chicago Board Options Exchange has created a new benchmark volatility index – the CBOE Mid-Term Volatility Index (VXMT). The index is a measure of the expected volatility of the S&P 500 Index over a six-month time horizon. The index
Deutsche Bank has launched an FX trading platform on Autobahn. The new FX platform is expected to increase efficiencies and volumes, contributing to Deutsche Bank’s commitment to trade EUR1trn every week within the next two years. New functionalities include the
The Depository Trust & Clearing Corporation has welcomed the trading in futures contracts linked to its proprietary index, the DTCC GCF Repo Index. The futures products began trading on 16 July on NYSE Liffe US, the US futures exchange
Chicago Board Options Exchange (CBOE) is to list options on the CBOE Russell 2000 Volatility Index (RVX) beginning 3 December. The CBOE Russell 2000 Volatility Index (RVX Index) is an up-to-the-minute market estimate of the expected 30-day volatility of the
Trading volume in CBOE’s SPXpm – S&P 500 Index options that are PM-settled – established an all-time daily volume record this week as 54,611 contracts changed hands. Wednesday’s record surpassed the previous daily volume record of 39,472 SPXpm contracts
