Hedge funds posted gains in November as equities traded in a wide intra-month range following the US Presidential election and as global financial markets focused on the US fiscal cliff. The HFRI Fund Weighted Composite Index gained 0.35 per cent
The Depository Trust & Clearing Corporation (DTCC) is planning to strengthen intraday settlement finality in the US financial markets by proposing the implementation of major structural changes in the settlement of equities, corporate debt and municipal debt securities over the
CAIS, the financial-technology solutions provider, has launched the CAIS Exchange, the first online alternative investment marketplace designed for the wealth management industry. The CAIS Exchange (CAIS-X) offers access to a broad menu of top-tier funds and products, independent due diligence
Plato Partnership, a not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, is collaborating with BMLL Technologies to provide twelve daily T+1 market quality metrics to enable more transparency and information across the trading landscape in Europe. This
Outsourcing the trading function has become an important trend within the hedge fund industry as managers, both large and small, look to generate marginal gains by reducing the cost of operations. A report by Greenwich Associates in December 2018 found
LCH.Clearnet Group will extend its clearing business for OTC interest rate instruments to Australian banks. LCH.Clearnet will apply for an Australian clearing and settlement facility licence that would enable it to offer its SwapClear OTC interest rate swap clearing to
Itarle, a provider of high-performance best execution services to banks, is colocating within CME’s group data centre in Aurora, Illinois and hiring staff in New York. The moves will complete its global data centre presence and, the company says, deliver
Liquidnet, the institutional investment community that enables secure and anonymous block trading of equities, is expanding its trading operations to include New Zealand listed securities. Liquidnet will commence trading of New Zealand equities on 22 June 2010. It is believed
BNY Mellon has been appointed to provide tri-party collateral management services for CME Clearing Europe, the European multi asset class clearing house. Services will be provided through MarginEdge, BNY Mellon’s derivatives margin management service for listed, OTC and bi-lateral OTC
BrokerTec, ICAP’s global electronic fixed income trading platform, and MTS, a fixed income electronic trading venue that is majority-owned by London Stock Exchange Group, have launched the RepoFunds Rate daily repo index for eurozone sovereign bonds. RepoFunds Rate, the first
