Funds
FTSE Russell has expanded the FTSE Global Factor Index Series, with the launch of two additional indexes intended to capture Dividend Yield and Momentum factors.
The extension of the index series reflects the high level of client interest around index tools that can be used to capture specific factors.
The new indexes complement the existing single factors already calculated by FTSE Russell, namely Illiquidity: Residual Momentum; Quality; Size; Value and Volatility. They are based on the FTSE Developed and FTSE Emerging indexes and use a common framework and methodology to provide controlled exposure to a target factor, whilst considering
There has been a constant flow of negative stories about the hedge fund industry over the past couple years including the insider trading scandals, hedge fund fees being too high, hedge fund performance comparing badly versus the S&P 500 index, and CalPERS divesting of hedge funds.
Many of these articles suggest that it is just a matter of time before investors wise up and begin redeeming from these over-priced investments.
However, contrary to these stories, eVestment recently reported that 2Q 2015 hedge fund asset inflows were the 2nd strongest quarterly inflows since the third quarter of 2009, bringing total industry
BATS Global Markets (BATS) has received approval from the US Securities and Exchange Commission (SEC) to launch its second options market – EDGX Options. BATS is planning to open the new market on Monday, 2 November, 2015.
EDGX Options will be based on a customer priority/pro rata allocation model and is designed to complement its BZX Options market, the fourth-largest US options market with a record 10.8% market share in July, which is a pure price-time priority market. The launch of EDGX Options will enable BATS to compete for a new segment of order flow that does not trade on
A fairly heavy load of economic data was released last week. On balance they were positive in DM but remained on the soft side in EM. The divergence between DM vs. EM continued to widen. This kept a strong downward pressure on global trade related assets, starting with commodities. The energy space continued to bleed with concerns rapidly building up in US credit markets and broad weakness in breakevens.
Markit. a provider of financial information services, has launched an FX trade confirmation service, which matches FX option trade terms to generate legally binding trade confirmations that are recorded centrally, allowing counterparties to manage trade lifecycle events more efficiently.
Citi and JP Morgan were the first to confirm FX options trades using the new service which is part of the MarkitSERV trade processing platform. More than 50 asset managers are among the firms recently signed to use the service.
Markit’s service also provides electronic, auditable tools for managing options exercise, updating records dynamically. This helps reduce risk by replacing
Following a mixed first half of the year, CTAs returned to positive performance in July, according to the indices calculated by Societe Generale Prime Services. The Newedge CTA Index posted +3.01 per cent during the month of July, returning to positive year-to-date performance (+0.64 per cent YTD).
Trend followers lead CTA returns in 2015 with the Newedge Trend Index posting a marked increase of +3.84 per cent in July and a performance of +1.26 per cent so far this year.
The Short term Trades Index also showed positive returns, up +0,55 per cent in July. The Newedge Trend Indicator
CBOE Holdings has finalised the acquisition of the market data services and trading analytics platforms of Livevol, a provider of equity and index options technology and market data services to professional and retail traders, effective 7 August.
Financial terms of the deal were not disclosed.
CBOE Holdings' acquisition includes the Livevol Core, Livevol Pro and Livevol X trading analytics platforms, as well as Livevol Enterprise and other market data solutions products. Livevol Securities, Inc., the company's broker-dealer unit, was not part of the deal.
The deal, which was announced in June, was approved by the boards of directors
BATS Global Markets (BATS) today reported July data and highlights including record market share of 10.8 per cent for its US options business, surpassing the previous record of 9.9 per cent set in April 2015.
In US options, BATS set a one-day record of 2.47 million contracts traded on July 24 and also set a one-day market share record of 11.8 per cent on 21 July. In July, BATS Options recorded eight of its top ten days on record in terms of market share.
In US equities, BATS reported market share of 21.0 per cent in July, up from 20.3
Macro Systematic Diversified hedge funds experienced a powerful recovery in July, reversing sharp losses from the prior month with gains across commodity, currency and equity positions, according to data released today by HFR.
Offsetting these gains, hedge funds with exposure to China, Energy and Discretionary Commodity posted losses for the month, with these divergent performance groups resulting in overall mixed industry performance for July. The HFRI Fund Weighted Composite Index posted a narrow gain of +0.01 per cent for the month, bringing YTD performance through July to +2.5 per cent. The industry’s largest funds outperformed small and mid-sized funds in
We take a detailed look at the hedge fund industry in Singapore, including investors in hedge funds, the number of hedge fund launches each year, fund terms and conditions and performance.
Read the full factsheet here, featuring charts and tables showcasing the latest Preqin data on Singapore-based hedge funds.
