Latest News
Q&A with Ivan Grech, Chief Operations Officer, FinanceMalta
What are the key trends currently driving growth and development within Malta’s funds industry?
Malta has always been attractive in the alternative space for the small-medium sized managers, thanks to the introduction of the Professional Investor Fund Regime, alongside various advantages including cost efficiencies, a pro-business regulator, time-to-market consideration, etc; factors which together create the right environment and render the Maltese jurisdiction an interesting and compelling one, particularly for alternative managers.
Furthermore, with what seems to be an increasing investor preference to opt for onshore regulated structures, we are receiving a number of
US Bank has opened an office in Luxembourg office, provides fund accounting and administration, domiciliation, depositary and custody-related services for Luxembourg-domiciled funds.Read the full story at Private Equity Wire…
CloudMargin, creator of a collateral and margin management solution native to the cloud, has appointed Mario Platt as Vice President, Head of Information Security. Read the full story at Institutional Asset Manager…
Blockpass has unveiled Base Protocol, a synthetic crypto asset that derives its price from the total market cap of all cryptocurrencies, as its latest partner. Blockpass will be providing eKYC services to Base Protocol, which is currently preparing to launch its private BASE token pre-sale.
Described at the ‘S&P 500 for crypto’, Base Protocol acts as a one-stop trading instrument which allows holders to speculate on all cryptocurrencies simultaneously, rather than just one or a select portfolio of multiple. It allows traders to agnostically invest in the entire crypto ecosystem. Although this is its primary function, BASE tokens can also be
The European Energy Exchange (EEX) has carried out the 2,000th primary market auction for emission allowances.The auction was conducted in the framework of the common EU auction platform (CAP2) on behalf of 25 EU Member States and the EEA EFTA states. It covered a volume of 3,951,500 EU emission allowances (EUA) including a volume of 877,000 EUA for the Innovation Fund. The auction was cleared at a price of 26.67 Euro/EUA with a total of 26 bidders taking part in the auction.
Peter Reitz, CEO of EEX, says: “EEX has provided services for the auctioning of emission allowances on the
Wells Fargo Corporate & Investment Banking, a division of Wells Fargo & Company’s Quantitative Prime Services division has partnered with HPR to provide an ‘elite next-generation’ trading platform for clients.Through its collaborative partnership with HPR, Wells Fargo will provide custom trading solutions to its clients that are engineered on HPR products. In addition to launching its HPR engineered trading platform, Wells Fargo plans to offer clients access to additional HPR products, more details of which will be shared at a later date.
“HPR’s scale service architecture provides the flexibility to access solutions across the latency spectrum,” says Anthony D Amicangioli,
The hedge fund industry is dominated by men, with women and minorities controlling only a small fraction of US-based assets.Some financial observers say fixing this gender imbalance is long overdue. They bolster their argument with data showing hedge funds run by women have performed well in recent years, including during the pandemic, when they out-performed those managed by men.
“Embracing a culture of inclusion and diversity in an organisation is not just the right thing to do,” says Allison Nolan (www.athena.ky), founder and managing director of Athena International Management Limited and author of the upcoming book, Madam Chair, about
SS&C Technologies Holdings has signed on more than 150 clients to Eze Eclipse, SS&C Eze’s cloud-based front-to-back office investment management platform.
Galaxy Digital Holdings has acquired two cryptocurrency trading firms: DrawBridge Lending (DrawBridge), an specialist in digital asset lending, borrowing, and structured products, and Blue Fire Capital (Blue Fire), a proprietary trading firm specialising in market-making and two-sided liquidity for digital assets.DrawBridge and Blue Fire are both pioneers in applying their teams’ institutional expertise in traditional lending, structured products, futures, and market-making to the rapidly growing cryptocurrency derivatives and lending space.
“Galaxy Digital’s mission is to bring cryptocurrency to traditional finance and vice versa. DrawBridge and Blue Fire’s market-leading capabilities will enable us to further amplify our strong position as a
The European Energy Exchange (EEX) plans to launch cash-settled Gas Futures on the European Gas Spot Index (EGSI) as well as associated cash-settled Spark Spreads within the first quarter of 2021.Financial Gas Futures will be listed on the Dutch, Austrian and German market areas and will cover the whole curve from short term (Day Futures, Weekend and Week contracts) to longer term maturities (Month, Quarter, Season and Calendar Year). The launch of these cash-settled contracts will enable easier access to the European gas markets for financial firms who do not require physical delivery while at the same time allowing all
