GlobeOp Financial Services is to offer connectivity to Currenex’s electronic foreign exchange platform via its GoMarkets hedge fund trading platform. GlobeOp’s cli
Five out of six of Market Vectors investable hedge fund beta indices recorded positive returns in March, according to figures released by Market Vectors Index Solutions (MVIS). The MV Emerging Markets L/S Equity Hedge Fund Beta Index (0.07 per
IntercontinentalExchange (ICE), the energy futures trading exchange, launched its IPO last week and listed on the NYSE. Of the total offering, ICE, formerly known a
BGC Partners, an intermediary to the wholesale financial markets, has executed its first fully electronic dollar interest rate option trade. The transaction was carried out using the Volume Match tool on BGC’s proprietary, hybrid execution platform, BGC Trader. The BGC
The London Metal Exchange will delist its plastics contracts and the last prompt date for all existing contracts will be 29 April 2011. The formal decision to delist was taken by the board of the London Metal Exchange following a
Omgeo and EuroCCP’s new pan-European equities matching and central counterparty clearing service for hedge fund transactions has executed a live trade with prime broker and executing broker Credit Suisse and hedge fund manager Citadel. Credit Suisse and Citadel intend to
The Cayman Islands Stock Exchange (CSX) has migrated its electronic securities trading to Deutsche Börse’s Xetra trading system. Xetra trading participants can now use Deutsche Börse’s infrastructure to easily access a non-European financial market. It also gives six
FTSE Group and DPT Capital Management have launched the FTSE Target Exposure Commodity Index Series, a series of rules-based long-short commodity indices derived from Professor John M Mulvey’s risk management and portfolio allocation approach – Dynamic Portfolio Tactics. The
Equity-focused hedge fund strategies exhibited returns that were broadly consistent with market dynamics in February, according figures released by Edhec-Risk. Edhec’s long/short equity strategy (0.41 per cent) showed some negative alpha, the equity market neutral strategy (0.34 per cent)
Following a slowdown in trading activity from mid-year 2009 to mid-year 2010, US institutions are hopeful about a recovery in equity derivatives trading volumes in 2011, but hardly bullish. Based on an analysis of the amount of commissions paid by
