Latest News
TransFICC, a specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, has appointed Gary Vann as Head of Sales.Read the full story at Institutional Asset Manager…
State Street Corporation has launched State Street MediaStats Central Bank Indicators and State Street MediaStats Thematic Indicators – two new quantitative investment insights derived from digital media. The new indicators collect unstructured data from tens of thousands of curated media sources to quantify market behaviour with respect to price and risk across interest rate yields and foreign exchange.
“The tone of central banks influences the way investors behave,” says Rajeev Bhargava, head of the Investor Behavior Research Team at State Street Associates. “Academic research shows that monetary tones may play a vital role in asset pricing and help anticipate changes
Hedge funds continued to face a difficult market environment in October as for a second consecutive month the majority of funds saw performance declines. The average return in the hedge fund industry came in at -0.21 per cent in October. The tough first quarter of the year leading up to the global pandemic and the past two months have left the industry at a just-barely-positive +0.74 per cent return year to date (YTD). This is a stark contrast to the +10.05 per cent return the industry put up for all of 2019.
Only about 47 per cent of hedge funds
Acuity Trading is expanding its team with the appointment of Vladislav Novopoltsev as a Product Manager and Gustavo Avalos as a Data Scientist. As a Product Manager Novopoltsev will be based in Acuity’s Spanish office in Barcelona where he will utilise his previous experience of financial newswires, machine learning algorithms and Natural Language Processing (NLP) to optimise the performance of Acuity’s suite of products while ensuring the company’s global clients can access both excellent products and exceptional customer service.
“Acuity Trading’s goal is to solve some unique problems for the customers (be it brokers, investors, or market professionals) using AI technology
SoftSolutions, a high performance multi-market fixed income trading technology provider, has launched the next generation of its nexRates solution, a fully integrated electronic trading as a service platform for secondary markets. nexRates can now be delivered over the cloud in addition to the well-established nexRates on-premise solution.
The industry is confronted with major challenges ranging from margin pressure, capacity for handling market volatility and the need for trading teams to work seamlessly from multiple locations. In response, the nexRates cloud-hosted solution presents fixed income traders with greater accessibility to fully-featured trading platforms, ensuring business continuity and resilience, in a cost-effective way.
This is the second in a series of four articles from the DMS Client Solutions Team, bringing you a unique perspective on the challenges and opportunities presented by the shifting European regulatory landscape. In last week’s article Daniel Forbes explored Why Cross-Border Fund Domiciles are Transforming into Fund Management Hubs. This week Pádraic Durkan continues this theme by looking at the evolving landscape in Ireland for fund management…
The second panel of this year’s HedgeweekLIVE Europe summit focused on how evolving trends in outsourcing are changing hedge funds’ operating models.
As the world’s second-largest cryptocurrency, ethereum witnessed impressive growth in 2020. Since the beginning of the year, the ctyptocurrency’s price price surged by a remarkable 230 per cent, drawing more and more attention from investors in times of economic uncertainty caused by the Covid-19 outbreak.According to data presented by AksjeBloggen.com, ethereum was the most traded cryptocurrency in the third quarter of 2020, with 1.1 million average daily transactions, 3.5 times more than bitcoin.
As the world’s leading cryptocurrency, bitcoin witnessed over 319,000 average daily transactions between June and September, revealed the CoinMetrics data. Other leading cryptocurrencies saw less than a
Crux Informatics (Crux) has partnered with Google Cloud to make it easier for Crux’s data suppliers to provide their data to customers. The Crux data catalog, which comprises thousands of datasets from over 100 traditional, alternative, and public data suppliers, will facilitate easier and faster data delivery to joint customers at no incremental charge.
Crux will enable delivery of authorised data sets directly into each client’s Google BigQuery environment, and will provide 24×7 monitoring, support and maintenance of all data pipelines into the clients’ Google Cloud environments.
Data provisioned via Crux will be clean, actionable and analytics ready, enabling Google Cloud
This year’s Hedgeweek LIVE Europe digital summit opened with a broad overview of the prevailing hedge fund industry landscape in 2020, exploring a range of themes including the shifting perception of hedge funds among investors, the impact of Covid-19 on market opportunities, the increased importance of ESG among both managers and allocators, and the start-up environment for fledgling funds.
