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DeFi project KingSwap has completed its migration from Uniswap to its own platform’s liquidity and farming pools. Earlier this month, KingSwap achieved USD4 million in transaction volume in its first three days on Uniswap. Now, KingSwap’s DEX features are available directly through its website https://www.kingswap.exchange. The first regulated DeFi project out of Singapore, KingSwap is a high-yield liquidity platform that offers extensive staking rewards, digital collectibles, and fiat conversions. An evolution of Uniswap, KingSwap provides user-friendly features that provide real-time benefits in terms of price curves and contributor rewards.
“We’re pleased with the quick progress our team has made in migrating
New analysis from ETF provider GraniteShares, which offers a range of 3x short and 3x leveraged ETPs on popular UK and US stocks, reveals that as of 13 November 2020, Cineworld Group, the world’s second-largest cinema chain, was the most shorted UK listed company. Some 9.51 per cent of its stock was held short by 10 investment firms, with Adelphi Capital having the largest short position with 2.07 per cent of the company’s shares.
The next most shorted UK listed companies were Premier Oil PLC, Tullow Oil PLC, and Petrofac LTD, where the respective short positions were 9.14 per cent,
TORA, a provider of industry-leading trading technology, has integrated its order & execution management system (OEMS) with leading provider of financial market services, TP ICAP and their Fusion RFQ engine. The new integration enables TORA’s Equity & ETF clients to access greater liquidity through Fusion RFQ’s global pool of over 14,500 instruments and 30-plus Liquidity providers.
The new partnership aims to bring more efficiency to Equity and ETF execution workflows. Fusion RFQ feeds requests from clients (Requesters) to Liquidity Providers (LP) who in turn provide two‐way prices in the requested size or decline. The engine returns the best bid and
BondIT, an independent portfolio construction technology provider for fixed income, and Scorable, a provider of AI-driven credit analysis, are to merge and combine their technologies in a bid to transform fixed-income investing.
21Shares, the Swiss crypto ETP issuer accredited with listing the first crypto basket HODL, has now achieved USD150 million in assets under management (AUM), outperforming the vast majority of managed crypto funds.
Fireblocks has raised USD30 million in Series B funding, bringing its cumulative fundraising to USD46 million. This round was led by Paradigm with participation from existing investors, Cyberstarts, Tenaya Capital, Swisscom, Galaxy Digital, Digital Currency Group (DCG), and Cedar Hill Capital. Read the full story at Institutional Asset Manager…
Cloud-based technology company Eleven has announced the beta release of new technology that transforms how investments in private equity funds and hedge funds are made.Read the full story at Private Equity Wire…
AccessFintech, a fintech company aiming to evolve the financial operating model through data and workflow collaboration, has appointed Boaz Zilberman as Executive Vice President for Business Development.Zilberman brings 20 years of broad experience in financial services, predominantly at IHS Markit, where he managed legal, business development, alliance partnerships, M&A, strategic initiatives and new ventures across IHS Markit’s information, software and processing divisions. Zilberman joined IHS Markit during its early stages and worked closely with the company’s founders and senior executives over 12 years, successfully delivering an explosion of new services and phenomenal growth in revenues from USD4 million to USD4
Central Park Group, an independent investment advisory firm delivering private clients access to institutional hedge fund, private equity, real estate and fund-of-funds talent, has launched CPG Cooper Square International Equity (NASDAQ: XCSIX), an international (ex-US) long/short equity fund created for qualified individuals and smaller institutional investors. Select Equity Group, a premier manager of long/short and long-only equity portfolios, serves as Sub-Adviser to CPG Cooper Square International Equity.
Founded in 1990 and managing over USD30 billion, Select Equity Group established its first dedicated international strategy, Cooper Square, in 2011. Select Equity Group’s fiercely independent research process and narrow focus on a
London-based energy hedge fund Westbeck Capital’s high-flying flagship strategy was brought back down to earth during a dismal October – but the oil-focused fund is staging a November fightback following news of a Covid-19 vaccine breakthrough.
The Westbeck Energy Opportunity Fund slipped 10.8 per cent last month – its second double-digit loss in as many months, having suffered a 15 per cent slide in September – after most oil equities were hammered in October.
The strategy “aggressively” cut its oil stocks portfolio in late September which helped ease equity losses. But the announcement of renewed lockdowns in Europe in late
