Outdated trading systems and clunky manual processes are hampering hedge funds’ efforts to swiftly execute trade orders to the market, resulting in an annual hit of some USD8 million – which could worsen in the event of renewed volatility later
Phoenix American, a transfer agent and fund administration provider for alternative investments, and Alternative Investment Exchange (AIX), a digital platform built to improve processes for investing in alternatives, have partnered to provide straight-through processing for alternative investments.Read the full story
GoldenSource has launched a new Quant Workbench tool that allows quant developers and research analysts to do their work on approved validated data sources. Read the full story at Institutional Asset Manager…
Cboe Europe Equities (Cboe) is using smart data specialist big xyt’s Liquidity Cockpit, which is designed to give global trading and investment firms enhanced visibility over dark and lit liquidity, and the ability to navigate and analyse European market share
FXCM Group, an international provider of online foreign exchange trading, CFD trading, cryptocurrencies and related services, has added Volatility Index CFDs to its range of available trading instruments. In tracking the future volatility of the markets, rather than the stock prices
KRM22, a technology and software company focused on risk management in capital markets, is to acquire Object+, a risk management and post-trade services technology company for capital markets firms. Based in the Netherlands with offices in Amsterdam and Chicago, Object+
LiquidityBook, a Software-as-a-Service (SaaS) based provider of buy-and sell-side trading solutions, has launched LBX Outsourced Trader, an advanced POEMS (portfolio, order and execution management system) with fully integrated FIX connectivity. The system has been developed specifically with the unique needs
A paper has been published by researchers at the University of St Gallen analysing an FX dataset from CLS, a financial market infrastructure delivering settlement, processing and data solutions, to identify information asymmetry in the FX market and estimate its
NEX has signed a Statement of Commitment to adopt the principles of the FX Global Code across its EBS FX trading platforms and NEX Optimisation services. NEX announced the signing of the Statement of Commitment and introduced a new NEX
FIX Trading Community has released its Recommended Practices for Commission Unbundling as required by MiFID II. MiFID II has introduced the requirement to explicitly separate commissions into their component parts (eg execution, research) with a focus on the specific identification
