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The Crypto Finance Group is launching stop loss and stop limit orders for over 15 currency pairs enabling new quant trading strategies for institutional and banking clients. The top five crypto assets can be traded against Swiss francs, euros, and US dollars.
Although available in retail crypto exchange environments, the Crypto Finance Group is the first worldwide to provide crypto brokerage services for these order types with this level of automation and sophistication.
Crypto Finance now makes a growing range of quant and algorithmic crypto trading strategies possible, when stop loss or stop limit orders are placed in combination with limit
According to data presented by AksjeBloggen.com, the market capitalisation of the world’s second-largest crypto coin, ethereum, has soared by 213 per cent YTD to USD44.3 billion, a 2.5 times bigger increase than the leading cryptocurrency bitcoin.After an impressive performance in the first two months of 2020, ethereum market capitalisation slumped by 58 per cent in the second week of March, falling to USD12.7 billion, revealed the CoinMarketCap data.
However, the price of the world’s second-largest crypto coin quickly bounced back, with market cap recovering to USD25.1 billion in the second quarter of 2020. Statistics show the increasing trend continued in
Brummer & Partners’ flagship multi-manager hedge fund vehicle squeezed into positive territory in October, despite rising Covid-19 infections and renewed lockdown fears sending stock markets southwards following a strong early start to the month.
The Stockholm-based multi-strategy hedge fund firm’s Brummer Multi-Strategy (BMS) multi-manager fund – which invests in a range of single-strategy hedge funds – rose 0.1 per cent in its dollar share class, and 0.2 per cent in its SEK-denominated tranche. It is now up 4.4 per cent since the start of the year.
The Brummer Multi-Strategy 2xL (BMS 2xL) SEK class meanwhile posted estimated returns of 0.2
After initiating a Brexit solution that would have been MiFID based and anchored in Luxembourg, Laven Group has announced it is not pursuing this as a viable solution.
As hedge fund managers continue to navigate the Covid-19 environment there are several potential issues that could arise as they manage the impact of the pandemic on their business and re-calibrate strategies to take advantage of market opportunities.
Kevin Huys, Director at of HTC Fiduciary Services Limited, “Harbour”, comments on this development: “We’re seeing the potential for managers to re-evaluate their asset allocation and the focus of their strategies as a result of the Covid-19 pandemic and its impact on markets. Some managers are seeing opportunities in different areas of their strategies, whether that be geographic, sector specific or otherwise,
A new Seward & Kissel study into the use of side letters in the hedge fund industry shows fee discount clauses are now the most common issue raised by investors in such agreements, while the number of smaller hedge fund managers using the practice has increased.
The US law firm’s fifth annual study into side letters – specific agreements between investors and hedge funds, which investors often use to secure preferential terms on issues such as fees and liquidity – shows larger, more established managers remain more likely to use side letters, often seen as a way for managers to
City based investment management firm, Vector Wealth, has expanded its team with the appointment of three new senior hires. Part of algorithmic trading operation, Vector Capital Group, Vector Wealth delivers portfolio management to investors across the globe, resulting in average annual returns of 11 per cent.
Regulated by the FCA, the firm made the decision to expand its senior team in order to diversify its investment portfolio and to continue to deliver competitive returns to its growing client base, despite the challenge presented by Covid-19.
A profound entrepreneur and founder of multiple successful businesses within the property and financial markets, including The
Cappitech, a provider of regulatory reporting, best execution analysis and business intelligence solutions for the financial services industry, has published its third annual global regulatory reporting survey in which it finds that the majority of firms (65 per cent) have had to change their reporting in the last 12 months, mostly due to inefficiencies and errors.
As Luxembourg attracts growing numbers of fund managers and service providers, the progress is raising concerns among those with existing operations in the region. Attracting and retaining top talent is becoming more of a struggle as the number of players increases and the industry needs around compliance continue to mount.
By Stéphane Badey, Arendt – These are uncertain times, but three solid trends driving the Luxembourg investment funds market can be highlighted.
1. The continuous growth of the alternative investment strategies. Luxembourg has positioned itself as a jurisdiction of choice for alternative asset managers. As a consulting firm we are accompanying clients in their move to Luxembourg. This is made easier from a regulatory perspective by the adoption of a clear regulatory framework.
2. The further integration of ESG criteria into asset managers’ strategies. The upcoming regulations (SFDR*) are prompting asset managers to position themselves accordingly. Although many had already embraced
