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Accelerate Financial Technologies (Accelerate) has launched Canada’s first alternative investment portfolio ETF, the Accelerate OneChoice Alternative Portfolio ETF (OneChoice), that will list on the Toronto Stock Exchange under the ticker ONEC on 27 January, 2021.
Read the full story at ETF Express…
Genesis, a global financial markets software firm, has launched FX Prime, a trade capture application developed for FX & rates trading desks with Prime Broker integration.
The application has been developed in partnership with XP Investments, United States based subsidiary of the Brazilian broker-dealer XP Investimentos, the largest broker-dealer in Brazil.
XP Investments selected Genesis as their low-code application provider and the collaboration has empowered the firm to successfully automate legacy manual workflows, optimise and digitise operational processes and also to develop and deploy new products and services.
XP Investments has further expanded its strategic partnership with Genesis to deliver
Bit.com, Matrixport’s secure derivatives exchange, is to launch bitcoin cash (BCH) perpetual swaps and options on 20 January, and 1 February, respectively.
By George Ralph (pictured), Managing Director, RFA – The coronavirus pandemic has brought considerable challenges to the way hedge funds and asset management firms do business, with far-reaching consequences for cybersecurity, data safety and business communications. The need for fully flexible working around the pandemic continues to change. Collaboration tools have been key to successful working environments as staff need to work in the same way and securely, regardless of location.
In the early stages of the pandemic, the major tech challenges centred around endpoint security. Individuals may have been using personal devices for professional purposes, and the prevalent model was
By Mark Coriarty (pictured), Chief Revenue Officer, Sentieo – Sentieo works with hundreds of hedge funds, mutual funds, private equity firms, and Fortune 500 Corporations. Each and every one of these organisations has felt the impact of the global pandemic. They also have something else in common: an accelerated focus on technology.
We’ve seen a major trend play out in the last year. Organisations that were already set up to enable their teams to work remotely didn’t skip a beat at the outset of the stay at home orders last spring. Efficiency and output of the research process are the lifeblood of
2020 saw hedge funds successfully weather the political, social and economic turmoil brought about by the coronavirus pandemic to generate their biggest rise since 2009, at the height of the Global Financial Crisis.
The fallout from the coronavirus pandemic is set to unlock global “megatrends” this year, including consumer and corporate technology, healthcare, and sustainability themes – and hedge fund investors can expect a “rich environment for growth”, a major new study by JP Morgan Asset Management suggests.
The firm’s 2021 Global Alternative Outlook also predicts a rebound in equity market fundamentals as economies recover from the Covid crisis, as well as continued momentum in special purpose acquisition vehicles (SPACs), which have seen a surge in activity among several high-profile, brand name hedge funds over the past year.
Hedge fund managers can expect
Digital token trading platform Bitfinex is to launch trading for ETH 2.0, allowing its users to exit or enter an ethereum (ETH) 2.0 staking position.
ETH 2.0 will be available to trade with US Dollars (ETH2/USD), ethereum (ETH2/ETH) and tether tokens (ETH2/USDt) on 21/01/21 at 14:00 PM UTC. ETH 2.0 tokens represent ETH holdings successfully staked on Bitfinex’s ETH 2.0 staking service, and thereby locked on the beacon chain.
“We’re pleased to launch trading of ETH 2.0 in our peer-to-peer markets,” says Paolo Ardoino, CTO at Bitfinex. “This will provide our growing customer base with another avenue to participate in
Pragma, an independent algorithmic trading technology provider, has launched a new generation of deep-learning enabled execution algorithms.
Pragma initiated the project in 2018 to see if deep neural networks could be applied to an execution algorithm’s micro-trading, engine–governing decisions such as the routing, sizing, pricing and timing of orders – and deal with complex multi-dimensional trading challenges more effectively.
Following a beta launch in 2020, Pragma managed a number of controlled trials with its clients. It observed a significant improvement to execution quality, with an average shortfall improvement of 33 per cent to 50 per cent across billions
Genesis, a specialists in digital currency prime brokerage services, has appointed Dr Derar Islim to the newly-created position of Chief Operating Officer (COO).
Read the full story at Institutional Asset Manager…
