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Market data vendor Exchange Data International (EDI) has hired former Head of Sales at GFT Group Stephen Straker, for the role of Business Development Manager, Canada. Straker will lead EDI’s programmes in Canada and is already networking with key market participants.
Based in Toronto, Straker will be responsible for enhancing EDI’s presence in Canada’s financial and FinTech communities as a unique alternative to more rigid, traditional market data providers. EDI’s solutions include corporate actions, fixed income, investment funds, pricing, reference, tax, economic, derivatives, and short interest data.
Straker has a wealth of experience in the Canadian market, dating back to
Hedge funds are falling behind other sectors such as private equity and real estate when it comes to integrating ESG factors into their portfolios.
Avelacom, a provider of low latency connectivity, IT infrastructure and data solutions for global financial markets, has acquired ITDN Ltd, an IT trading infrastructure specialist, headquartered in Sao Paulo, Brazil.
Read the full story at Institutional Asset Manager…
Fintech firm, Gold-i has announced that digital tokens from Bitfinex, a state-of-the-art digital token exchange, will be available to its clients via its Crypto Switch 2.0 digital asset liquidity management platform.
Tom Higgins, CEO at Gold-i, says: “Bitfinex has grown a reputation as a leading cryptocurrency exchange and we are thrilled to be collaborating with them and offering their liquidity to our prime of prime, hedge funds and multi-asset broker clients. This further strengthens our Crypto Switch 2.0 offering, adding significant depth of liquidity to our clients. I believe we have an unrivalled offering in facilitating digital token trading
Reorg, a provider of credit intelligence, data and analytics, and Moody’s Analytics, a provider of analytic tools and risk assessment capabilities, have entered into a data-sharing agreement.
Reorg will supply subscribers of Moody’s Analytics structured finance solutions with real-time notifications of credit events from Reorg’s intelligence platform in exchange for Moody’s Analytics data on CLO portfolio holdings and collateral.
“Access to reliable, timely information on CLO portfolio positions is crucial for successful decision-making by CLO market participants. Our customers will benefit from the speed and breadth of Reorg’s global credit intelligence,” says Arthur Kleynerman, Senior Director at Moody’s Analytics. “This
KPMG, the audit, tax and advisory firm, and Coin Metrics Inc, a provider of crypto financial intelligence, today announced a have signed a new customer for their combined offering, FARUM – Strix Leviathan, a crypto investment manager powered by a sophisticated proprietary trading platform.
FARUM is a new way to approach blockchain network risk management. Through its enterprise-grade API, FARUM allows customers to get a streaming data feed on the health of individual blockchains.
Strix Leviathan’s proprietary algorithmic trading strategies are already optimised for volatile market conditions to mitigate against risk and market drawdowns. Now, Strix Leviathan can further mitigate
Hedge fund short sellers continue to target global oilfield services provider Petrofac, which has suffered a USD180 million annual loss and falling revenues amid an ongoing fraud investigation.
BlackRock Investment Management has a net short position of 1.28 per cent, while CapeView Capital, Engadine Partners, and WorldQuant also registered negative wagers against London-listed Petrofac in the past week, FCA disclosures show.
The firm – which has been among the most heavily-shorted UK stocks by hedge funds in recent years – reported a net loss of USD180 million in its annual results last week, with revenues squeezed from USD5.5 billion to
The Umbria governance token (UMBR) has been added to Polygon’s token mapper paving the way for key Umbria DeFi developments on Layer 2.
Read the full story at Institutional Asset Manager…
CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, has appointed Martin Heraghty as Sales Director for the DACH region in Europe, comprising Germany, Austria and Switzerland, and Central Europe.
Read the full story at Institutional Asset Manager…
Transaction Network Services (TNS) is bringing its popular Managed Hosting solution to Japan Exchange Group’s (JPX) Tokyo-based colocation facility.
With its colocation at JPX, TNS now offers a full suite of low-latency services including order routing and market data access for the exchange’s impressive portfolio including the Tokyo Stock Exchange (TSE), Osaka Exchange (OSE) and Tokyo Commodity Exchange. By connecting with TNS, organisations can also access TNS’ global network which includes more than 365 feeds for 110 exchanges in 22 countries.
“TNS is a welcome addition to our colocation facility and connectivity roster,” says Ryusuke Yokoyama, Senior Executive
