Funds
Linedata has launched its digital Linedata Mobil'Ekip solution, which allows key tasks and information to be managed and accessed from mobile platforms, such as smart phones and tablets. It operates in conjunction with the core Linedata Ekip360 system.
Linedata Mobil'Ekip covers the entire value chain from sales to operations and end-users. Rather than simply reproducing existing core features, Linedata Mobil'Ekip adds additional value with a completely new mobile experience accessed via smartphones and tablets (IOS, Android). Users can directly scan and input business cards and exchange documents with decision-making platforms in real-time. Linedata Mobil'Ekip is an integral part of the
The January 2016 average daily transaction value on the Euronext cash order book stood at EUR8,682 million (+0.6 per cent compared with January 2015).
The first twelve months of the year are the best month ever in terms of number of transactions with an average daily number of trades of 2,210,632 double counted. The previous record dates back to August 2011 at 2,176,366 trade).
Activity on ETFs remained particularly dynamic during January with an average daily transaction value at EUR815 million, up 37 per cent compared to January 2015.
The average daily volume on equity index derivatives was
Mygale, the new vehicle for the European-focused event driven strategy that CIO Neil Tofts previously deployed at Deephaven Capital Management, KBC Alternatives, and Merrill Lynch, has launched the Mygale Event Driven UCITS Fund on the MontLake UCITS Platform.
Toftsl has over 19 years' experience in successfully running event driven portfolios and funds. Each of the investment professionals in the Mygale team has worked with Neil over a number of years and specialise in the nuances of European event driven investing.
The Fund is diversified across a number of strategies, including merger arbitrage, catalyst driven investments, relative value and special
The Depository Trust & Clearing Corporation’s (DTCC) Global Markets Entity Identifier Utility (GMEI Utility) has issued more than 200,000 legal entity identifiers (LEIs) to entities from over 184 jurisdictions since its launch in August 2012.
This represents a 20 per cent uptick year-on-year and approximately 50 per cent share of the total LEIs issued worldwide – more than three times the next largest Local Operating Unit (LOU).
The GMEI Utility is expected to continue to grow as global regulators increasingly mandate the use of LEIs. EU regulations, including Markets in Financial Instruments Directive/Regulation (MiFID/R), European Market Infrastructure Regulation (EMIR),
CBOE Futures Exchange has reported that average daily volume (ADV) last month was up 19 per cent from January 2015 and 32 per cent higher than in December 2015.
Exchange-wide total volume also rose in January, up 13 per cent compared with January 2015 and up 14 per cent from December 2015.
Total January volume in futures on the CBOE Volatility Index (VIX Index) was 5.2 million contracts, up 13 per cent from January 2015, and up 14 per cent from December 2015. January VIX futures' ADV was 271,994 contracts, up 19 perc ent from a year ago and 32
The hedge fund industry produced an aggregate return of -0.77 per cent in December. The decline was the industry’s fifth negative month in the second half of 2015 and eighth of the year, according to eVestment’s latest Hedge Fund Performance report.
Aggregate industry returns were negative in 2015 for only the third time on record at -2.01 per cent.
Despite overall industry returns being negative in 2015, the distribution of returns across funds was nearly even in terms of the availability of positive vs. negative annual performance (49 per cent positive, 51 per cent negative). The average positive return
The US Commodity Futures Trading Commission (CFTC) has issued an order granting Eurex Clearing AG (Eurex Clearing) registration as a derivatives clearing organisation (DCO) under the Commodity Exchange Act (CEA).
Under the order, Eurex Clearing will be authorised to provide clearing services for swaps for US clearing members as well as their customers under Section 5b of the CEA. The registration will become effective after Eurex Clearing meets CFTC’s “straight-through processing” requirements. Eurex Clearing requested that CFTC issue a conditional registration, as it preferred to comply with those requirements in the future, at the same time as it complies with
All six of Market Vectors Index Solutions (MVIS) investable Long/Short Equity Indices recorded negative performance in January.
Each index is constructed using transparent, liquid ETFs and US Treasury securities to produce hedge fund-style returns without hedge fund pricing, opaqueness and redemption restrictions.
The Market Vectors Global Long/Short Equity Index was the month’s biggest loser down 4.84 per cent, closely followed by the Market Vectors Western Europe Long/Short Equity Index (-4.34 per cent) and the Market Vectors Asia (Developed) Long/Short Equity Index (-3.36 per cent).
The Market Vectors Global Event Long/Short Equity Index, Market Vectors North America Long/Short Equity
Preqin’s 2016 Global Hedge Fund Report finds that 2015 was another challenging year for the industry, during which the Preqin All-Strategies Hedge Fund benchmark recorded gains of 2.02 per cent, compared with 4.65 per cent in 2014.
Despite this, total industry AUM increased by USD178 billion to reach USD3.2 trillion as of November. Thirty-seven percent of surveyed fund managers said that they have seen an increase in institutional capital in 2015, and 59 per cent reported that their total AUM had increased. Overall the industry saw net inflows of USD71.5 billion, but this gain occurred entirely in H1, as H2
The Chicago Board Options Exchange plans to list S&P 500 Index (SPX) Wednesday-expiring Weeklys options beginning 23 February, 2016.
CBOE's new SPX Wednesday-expiring Weeklys options, or "Wednesday Weeklys," will generally have the same characteristics as CBOE's Friday-expiring SPX Weeklys options, with the exception of their listing and expiration dates. Wednesday Weeklys will typically be listed on Tuesdays and expire on the Wednesday of the following week.
SPX options continue to be the most actively traded US index option and, in 2015, set a new annual volume record of 236.5 million contracts, with average daily volume (ADV) of 938,620 contracts,
