Managers
Eze Software Group has integrated its execution management system (EMS) with its order management system (OMS), combining critical trading and compliance workflows across its front-to-back product suite.
With this latest development, users can benefit from the advanced trading tools available in RealTick EMS while also taking advantage of important Eze OMS features such as fully integrated compliance, position checking, and automated allocations.
With the introduction of advanced compliance features into RealTick MS, pre-trade compliance checks now run seamlessly in the EMS at trade entry and throughout the trading life cycle. This provides clients with a more holistic pre-, intra-,
Euronext has launched a range of Single Stock Dividend Futures on the most liquid stocks listed on its Amsterdam, Brussels, Lisbon and Paris markets.
The new dividend futures contracts will be available for trading in Q1 2015, starting with CAC 40 Index components. Euronext’s Single Stock Dividend Futures will offer investors additional dividend trading potential and will enable them to benefit from efficient pricing. The new products complement Euronext’s already existing dividend index offering made of the CAC 40 and AEX Dividend Index Futures.
Dividends are a key component for equity and equity derivatives holders and dividend futures are
A new report from the TABB Group shows that prime brokerage, long thought to be the most opaque of markets, is in the midst of a large-scale change.
The report, “Equity Prime Brokerage: Exploring Uncharted Territory,” is the result of several months of conversations with prime services providers and independent financial analytics firms, including data from S3 Partners.
The document finds that Basel III is changing the way the buy side looks at the treatment of financing and collateral. The report says that collateral and financing must be analysed and structured to the same level as trading costs.
In the
Following the strong win by Prime Minister Shinzo Abe in the Japanese General Election, John Vail (pictured), Chief Global Strategist, Nikko Asset Management, sees further boosts for Japan from corporate profits moving through to wage rises…
In our view, the LDP coalition's maintenance of a strong two-thirds majority in this election will greatly help Prime Minister Abe and his party's reform efforts, while likely bolstering Yen weakness to some degree. This is a common view, but one item that is not often discussed is that not only will this victory help push forward economic reform momentum in government ministries (and the
The Credit Suisse Hedge Fund Index (the Broad Index) finished up 1.50% for the month in November, with nine of the ten sub-strategies ending the month in positive territory.
Managed futures led the way with an impressive 7.5% return, way ahead of the next best performers Long/Short Equity (1.89%), Emerging Markets (1.71%), Global Macro (1.65%) and Multi-Strategy (1.22%).
The other sub strategies to record positive performance over the month are Dedicated Short Bias (0.64%), Equity Market Neutral (0.57%), Event Driven (0.55%) and Fixed Income Arbitrage (0.21%).
Convertible Arbitrage was the only negative performer during the month with a return of -0.10%.
Credit and alternatives investment manager Palmer Square Capital Management has launched its sixth mutual fund, the Palmer Square Long/Short Credit Fund (PCHIX, PCHAX).
Christopher D Long, president of Palmer Square Capital Management, sayss “We believe this is an ideal environment for long/short credit and are very pleased to now be able to offer our long/short credit strategy as a single-strategy mutual fund. We believe that the Fund offers investors a unique alternative to traditional fixed income investments, as our team seeks absolute returns on both the long and short side while aiming to minimizing volatility and exposure to interest rate
Hedge fund strategies were hurt last week by their long exposures on US risk assets, especially credit positions, according to Lyxor Asset Management.
High yield has been negatively impacted by the deterioration in risk sentiment and by oil prices, in part related to the weighting of energy debt in the U.S. market. While they proved to be resilient since the start of the year, L/S Credit and CB Arbitrage funds were hurt by the widening in spreads. Event-driven funds were also hurt on their long credit exposure, with distressed funds underperforming the space. Greece had a very limited impact, as
Hedge Connection, a platform for connecting alternative investment managers and accredited investors, has launched The Capital Club, a virtual introduction system.
The Capital Club allows fund managers to request introductions to allocators based on matching investment profiles. The manager is only charged when an introduction request is accepted and a phone call is scheduled between the two parties.
“The Capital Club is a game changer that dramatically improves the asset raising process within a legally compliant environment,” says Hedge Connection CEO Lisa Vioni. “The big differentiator of the Capital Club is that the introduction results in a conference call
Euronext (ENX) has completed its project with Hong Kong Exchanges and Clearing Limited (HKEx) on the Orion Market Data Platform (OMD) with OMD’s extension to support the derivatives market at HKEx.
The previous launches supported HKEx’s securities market (OMD introduction in September 2013) and the establishment of HKEx’s Mainland Market Data Hub in Shanghai in March 2014.
By adopting Exchange Data Publisher (XDP), the ultra-low latency solution developed by Euronext, OMD provides low-latency market data and allows HKEx to disseminate a range of datafeed products with different content and other features to meet the varying needs of information vendors, Exchange
Thunderhead.com and Markit have formed a partnership to establish an online service for creating and negotiating Master Confirmation Agreements (MCAs) at scale.
Markit will integrate Thunderhead.com’s ONE for Capital Markets software as a service (SaaS) solution that automates the production, editing and execution of MCAs and other capital markets documentation, with Counterparty Manager, Markit’s secure document management platform used by approximately 80 banks, 900 buy-side firms and 6,000 corporations for trading, account onboarding, reference-data management, regulatory compliance and other reporting.
A recent pilot programme with 11 of the largest global derivative trading firms from the buy and sell-side demonstrated compelling