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Singapore-based companies CACHE, a provider of fully-redeemable digital assets backed by gold, and Onchain Custodian, a digital assets custody service provider backed by Fosun, Sequoia and DHVC, have formed a strategic partnership to enable the insured safekeeping of gold-backed tokens. Onchain Custodian has securely integrated the CACHE blockchain infrastructure so that its existing customers can invest in a gold-backed digital asset while allowing existing and future CACHE token investors to safeguard their assets in a secure and insured way. CACHE will promote the use of Onchain Custodian services to institutional and qualified investors interested in managing their CACHE token holdings with
BMLL Technologies, a data engineering and analytics firm, has built a Derived Data desktop application on OpenFin’s OS. The application will provide buy-side users with access to market metrics created from the most granular Level 3 order book data, to analyse and visualise their portfolio over time. Specifically, the tool will enable traders, portfolio managers, risk and compliance officers to gain a deeper understanding of the liquidity profile and risk of their portfolio and associated trades. They are now able to screen for, highlight, view and compare market quality metrics in order to measure and improve their execution performance and assist
Horizon Software announces outsourcing contract for market making on the Hellenic Energy Exchange Market.PPC, a leading energy supplier in Greece, is now able to market make energy futures on the Hellenic Energy Exchange (HEnEx) leveraging the infrastructure of an existing Horizon Software client, Eurobank.
PPC recently decided to start market making energy instruments on the sole energy exchange entity of Greece, HEnEx, for which they needed a robust solution for reduced latency and increased connectivity.
Alexandra Psyrri, Head of Market Making Unit at PPC, says: “We were preparing to start market making energy futures and went through a
Intercontinental Exchange has launched ICE Select, an application which provides connectivity to the entire ICE Fixed Income ecosystem, including the ICE Bonds execution platforms and ICE Data Services evaluated pricing and analytics. ICE Select has also been integrated with leading order management systems, enabling further integration into important trade desk workflow. Customers will also have access to liquidity and execution protocols from ICE Bonds via the ICE ETF Hub later this year.
“At a time when the industry is experiencing more day-to-day volatility, complexity and uncertainty, our customers need sophisticated trading tools that provide access to liquidity across fixed income markets,”
As with all companies, Covid-19 has presented a unique set of challenges to Opus, the fast-growing global fund administrator. But when Opus implemented its business continuity plan, it was more than just business as usual. The firm delivered 87% of its client NAVs earlier than expected – at a time when managers were under intense pressure from investors to report returns. Hedgeweek spoke to Opus CEO Robin Bedford about the short-term challenges to operational processes and the implications for the future…
How did the plan to deliver early NAVs come about?
In the first weeks of the lockdown, the markets
The trend towards responsible investing and ESG is likely to maintain its momentum despite the potentially far-reaching impact of the coronavirus crisis, according to new research by Man Group.
Surprised by the increasing popularity of exchange-traded funds? Curious about incorporating them into your or your clients’ portfolios? Help shape the world’s conversation on ETFs at etfLIVE Europe, 19-21 May, 2020.
Bitfinex is to integrate Xangle’s real-time data feed Xangle T!icker into its the Bitfinex Pulse networking platform.The Xangle T!cker allows users to view in real-time the latest disclosures published by more than 600 crypto projects tracked by the service. Bitfinex Pulse, a social networking platform enabling traders to connect with each other in a professional environment, has integrated the service as part of its aim to provide traders with a unique, real-time social networking platform for traders.
Xangle offers its ticker solution to exchanges, media outlets and browser service providers, and has plans to expand its service to more service
Asset Value Investors (‘AVI’) has hired Jason Bellamy, President and CEO of Bellamy Corporation, as its consultant to lead on the company’s engagement efforts in Japan. AVI is the investment manager of both AVI Japan Opportunities Trust (“AJOT”) and AVI Global Opportunities Trust (AGT), which employ a balanced approach to activism in Japan following the trend towards improved corporate governance in the country. Across AJOT and AGT, AVI has GBP380 million (JPY50 billion) invested in Japan.
Based in Tokyo, Bellamy will focus on developing and sustaining strong relationships with the management of AVI’s investee companies as well as affiliated shareholders. He
Baymarkets, a provider of independent post-trade clearing systems, has announced a joint business relationship with PwC Switzerland to deliver global post-trade and clearing solutions.The joint business relationship will combine the practical know-how, experience and skills of both companies to design, implement, deliver and operate post-trade and clearing solutions to the highest standards in the financial markets. This includes the Baymarkets ‘real-time clearing’ Clara platform; deep knowledge and first-hand experience of providing both exchange and OTC trading and clearing technology, across multiple asset classes; and the expertise of PwC Switzerland in the project management, rulebook creation, regulatory applications and operational routine
