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Founders’ share classes – which offer special terms to early bird investors in hedge funds – appear to be in decline, as investors become more selective in their allocations and managers potentially opt for more bespoke offerings, a new industry study has suggested.
Insightful Technology has launched Audio Assure, a product that enables fully-automated agnostic voice infrastructure monitoring, integrity checking and line utilisation, including features for recorder availability, line quality monitoring and CDR reconciliation. Insightful says that this, together with full integrated reporting that meets both regulatory and operational requirements, has generated initial client feedback that highlights significant cost savings, while increasing resource effectiveness.
For some time, financial firms have been under increasing pressure to reduce the risk of regulatory investigation and reputational damage, as well as control costs within their voice recording environments. Currently, with the majority of quality and up-time testing having
Digital asset trading platform Bitfinex has launched a Staking Rewards Program that allows users to earn rewards by holding funds on the exchange.Bitfinex clients can earn staking rewards as high as 10 per cent per year by depositing and holding digital tokens on Bitfinex. Tokens available for staking rewards include EOS, Cosmos (ATOM) and v.systems (VSYS). The staked digital assets will be held safely, utilising Bitfinex’s secure in-house custody solution. When Bitfinex stakes a digital token, it is delegated by the exchange, meaning that the tokens remain in the platform’s control, secured in the same manner as other tokens.
“We’re
TrueFX, a purpose-built OTC market designed for the buy-side, has executed the first set of disclosed trades between counterparties on its network. The trades were executed by FXCM, AxiCorp, Velocity Trade and leading electronic market makers.
TrueFX has been designed to provide all market participants with direct access to FX liquidity through a single point of credit intermediation and technology integration. Delivered in a cloud environment, its ultra-low latency network can be easily connected to and offers uninterrupted access to market participants around the world. TrueFX operates both disclosed and non-disclosed trading and supports a wide range of execution methods, including
Apifiny has launched GlobalX, a new platform allowing institutional investors to trade every single crypto market simultaneously.Read the full story at Institutional Asset Manager…
LCH EquityClear has implemented a new LSEG Technology post trade clearing platform.Read the full story at Institutional Asset Manager…
The European Energy Exchange (EEX) has successfully completed the 100 per cent acquisition of UK based software company, KB Tech Ltd (KB Tech). Co-Founded in 2005 by David Briggs and Paul Kemp, KB Tech specialises in providing data management services and products to the trading, pension and financial markets. The Company’s propriety software delivers a range of modular, connected services providing functions for managing real-time data within and around the trading, price delivery and transactional environments.
Speaking on the acquisition, Dr Tobias Paulun, Chief Strategy Officer at EEX, says: “KB Tech and EEX Group have been working together in close partnership
Argonaut Capital Partners, the London-based European equities-focused long/short manager, has hit back at recent criticism of short sellers by the new governor of the Bank of England, adding there is “no evidence” that the practice is harming the UK economy.
Barry Norris, Argonaut’s founder, CEO and CIO, said short sellers have been aggregate buyers – not sellers – of shares during recent market turmoil, and said BoE governor Andrew Bailey’s understanding of short selling is “extremely naïve” for someone in his position.
Addressing Bailey in a note on Monday, Norris wrote: “Contrary to your belief, shorts are in the best interests
CTA strategies posted positive returns during March as markets were roiled during the sustained economic turbulence, new data from Société Générale shows.
Each of SocGen’s CTA indices notched up gains last month, pushing their year-to-date performance into positive territory, while, in contrast, many equities markets suffered their worst quarter in recent history as fears of the Covid-19 outbreak gripped markets from February onwards.
The SocGen CTA Index – which tracks the daily performance of a select pool of the largest trend-following managers – closed the month in positive territory, at 0.09 per cent. Meanwhile, the SG Trend Index added 1.82 per
SANNE, a provider of alternative asset and corporate business services, has promoted Stephanie Hopkins from Head of Private Debt & Capital Markets to the role of Country Head for Jersey.
