Pico, an infrastructure, connectivity, data and cloud technology provider to the global financial services community, has launched a new colocation facility and direct connectivity to the Hosting Services Data Centre of Hong Kong Exchanges and Clearing Limited (HKEX). HKEX is
Eurex Clearing’s EurexOTC Clear for Interest Rate Swaps (IRS) successfully went live on 13 November 2012. The launch was supported by Eurex Clearing’s cooperation banks Barclays, Citigroup Global Markets Ltd, Credit Suisse, Deutsche Bank and JP Morgan. In addition, Commerzbank,
Global broker Mariana UFP has selected TORA ’s cloud-based order and execution management system (OEMS) for pairs trading in London, New York and Melbourne. Pairs trading involves simultaneous buying and selling of multiple securities when the relative prices hit certain
The hedge fund industry took in USD3.4bn (0.2 per cent of assets) in September, building on a USD7.7bn inflow in August, according to a report by BarclayHedge and TrimTabs Investment Research. Based on data from 3,004 funds, theTrimTabs/BarclayHedge Hedge Fund
The performance of hedge fund strategies exposed exclusively to equity-related risk factors remained positive despite October’s challenging market environment thanks to a strong dynamic alpha, according to the Edhec-Risk Alternative Indexes. Equity market neutral rose by 0.34 per cent and
Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished October down 0.18 per cent, with five out of 10 strategies in positive territory. In total, the industry saw estimated inflows of approximately USD3.9bn in October,
GSR, a specialist in market making and algorithmic crypto assets trading, has launched a new structured product called the Bitcoin Halo Option aimed at allowing investors to manage and limit some of the risk of their cryptocurrency trades. The GSR
The Commodity Futures Trading Commission (CFTC) has issued a letter informing the North American Derivatives Exchange (NADEX) that it has commenced a 90-day review of NADEX’s proposed political event derivatives contracts. The review is based on the possibility that these
Coeli has launched its second programme on dbSelect, Deutsche Bank’s platform for accessing liquid hedge fund strategies. Coeli Spektrum manages USD110m with an annualised return over the last 36 months of 13.6 per cent net of fees. The launch of
Interactive Data, a provider of managed ultra-low latency infrastructure and market data services designed to facilitate electronic trading, has launched a new version of the Interactive Data RMDS Feed Handler, capable of delivering a lower latency consolidated data feed at
