Funds
CME Group and FTSE Russell have entered into a licensing agreement establishing CME Group as a global partner for futures, options on futures and OTC cleared products on FTSE Russell.
"We're pleased to partner with FTSE Russell to help investors around the globe better manage equity index exposure," says CME Group Executive Chairman and President Terry Duffy. "Together, we will provide market participants with the capital efficiencies of trading multiple indexes on one platform and through a single clearing house."
"We are delighted to have signed an agreement with CME Group to develop a range of equity index futures products
Heading into the summer break, companies have continued to report earnings above expectations, especially in Europe. In the US, health care and consumer goods & services companies posted solid earnings, beating expectations as well. Yet, risk assets were under pressure, leading to negative returns for hedge funds this week.
Celoxica, a provider of accelerated market data, order entry and pre-trade risk solutions for the electronic trading community, has launched the Celoxica Ticker Plant (CTP) for OPRA.
OPRA, the Options Price Reporting Authority, which provides market data for 12 US options exchanges, is set for a substantial growth in message volumes later in 2015 when new options exchanges ISE Mercury and BATS EDGX Options go live. OPRA’s message capacity at that time is projected to be in excess of 50 million messages per second.
Celoxica’s CTP is a distributed ticker plant designed specifically to handle these unprecedented message volumes.
With capital so portable in today’s world, investment dollars continually seek to find homes where it makes most economic sense acknowledge market experts. With confidence gradually returning to the global investment markets, it is no surprise that jurisdictions are dusting off their offerings, upgrading them and actively competing once more for new business. Guernsey is no exception and the jurisdiction is banking on the appeal of its range of investment structures, which it hopes will help it compete effectively against strong fund brands (such as UCITS), particularly in the open-ended fund segment.
Guernsey boasts in excess of a trillion US
The London Metal Exchange (LME) is enhancing the procedures for establishing the Closing Prices on its open outcry trading floor, the Ring.
The refinement is designed to increase the efficiency of the final trading session of the day (the afternoon ‘Kerb’) following a marked increase in activity during this period over the past five years.
The change will see the introduction of an additional bell to signal the end of carry trading one minute before the close of three-month trading for each metal or group of metals.
“Over the past five years the volume traded during the afternoon Kerb session
Voth Nixon Group has launched the VNX Alternative Investment Multi-Asset Fund (AIMAF), which is designed to capitalise on VNX’s long-standing hedge fund solution strategy.
“Succeeding the market volatility within the last years, it is imperative that investors understand the liability of a wider range of investment is essential as an integrated part of a core investment strategy,” says Carl Zayn, Senior Development and Strategy Manager. “AIMAF refers to private investors as a mean of diversify across alternative investment managers and strategies all placed together in a single smart portfolio solution,” Zayn added.
The fund is tailored to offer private
The Channel Islands Securities Exchange Limited (CISE) has ceased discussions regarding the acquisition of the European marketplace for SMEs, the Danish-based GXG Markets A/S (GXG).
It was announced on 22 July that an in-principle agreement for the transaction had been agreed between the CISE’s wholly owned subsidiary, The Channel Islands Securities Exchange Authority Limited (CISEA) and the Swedish-headquartered GXG Global Exchange Group AB and GXG.
However, the CISE has now decided not to proceed any further.
Fiona Le Poidevin (pictured), Chief Executive Officer of the CISE, said: “The deal had reached offer stage but, following extensive due diligence
Algomi, the network company providing information-matching solutions for the optimisation of fixed income liquidity, has signed the 100th buy-side firm to its Honeycomb network globally.
Algomi’s Honeycomb Network allows investment firms to see which dealer is best placed to facilitate illiquid corporate bond trades without disturbing the markets and having the price move against them. Algomi is continuing to add asset management, pension fund, sovereign wealth fund, endowment and hedge fund clients from offices in New York, London and Hong Kong, and client support and sales in Chicago, San Francisco, and Boston.
More firms are coming online each week.
This extract from the Preqin Quarterly Update: Real Estate, Q2 2015 focuses on institutional investors in private real estate and their plans for the next 12 months regarding strategy, regional preferences and the size and number of planned capital commitments.
The majority of investors seeking new commitments will target value added funds over the next 12 months (62 per cent), with the proportion targeting opportunistic vehicles increasing by nine percentage points (Fig 1). Demand for core vehicles has dropped by 13 percentage points, which could convey investors’ willingness to take on more risk in the search for higher returns.
North
Thomas Miller Investment (TMI), a member of the 129 year old Thomas Miller Group of companies, has launched two new Dublin-domiciled, UCITS compliant bond funds.
The TMI Sterling Bond Fund and TMI US Dollar Bond Fund are both registered for sale in the UK, and offer exposure to a diversified portfolio of debt and debt-related instruments. They are designed to maximise total return with a focus upon income generation, with long term preservation of capital. The funds will pay a semi-annual income distribution.
The funds are co-managed by Thomas Miller Investment’s James Penn and Rob Brockbanks.
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