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MoonX has launched of its new trading technology in the UK, offering a full suite of financial software and hardware systems for exchanges, brokerages, hedge funds, financial institutions and traders.
MoonX’s offering includes the world’s fastest exchange software, matching 25 million Transactions Per Second (TPS). This makes MoonX 150 times faster than its closest competitor; meaning traders can place 150 times more orders in the same time frame. MoonX processes one order in six nano seconds, by that time light would have only travelled 1.8 metres, making MoonX the fastest exchange in the world.
MoonX’s processing speed is delivered
SimCorp, a provider of investment management solutions and services to the global financial services industry, has gone live with its SFTR cloud solution, available to clients as part of the company’s latest software release.
The solution offers clients an integrated and efficient cloud solution for SFTR transaction reporting, in collaboration with the deltaconX regulatory platform. The go-live, in partnership with deltaconX, a specialist in regulatory compliance, delivers buy-side clients significant time ahead of the first wave of the Securities Financing Transactions Regulation (SFTR) reporting requirement, in April 2020.
Part of the European Commission’s drive to increase transparency and improve
In October 2019, the European Energy Exchange (EEX) increased volumes on its power derivatives market by 5 per cent to 356.0 TWh (October 2018: 339.3 TWh).
Volumes in UK Power Futures more than doubled year-on-year to 296,110 MWh and, as a result, achieved a new monthly record (October 2018: 125,070 MWh).
Clear double-digit growth was achieved in power futures for Central-/South-Eastern Europe (17.3 TWh, +55 per cent), Spain (12.5 TWh, +38 per cent) and Germany (236.5 TWh, +16 per cent).
In the EEX emissions trading market, the volume amounted to 111.3 million tonnes of CO2 in October (October
Brown Advisory, a USD76 billion, employee-owned, global investment firm, has launched the Global Leaders Sustainable Fund under its Dublin-UCITS umbrella.
The new UCITS Fund adds environmental, social and governance (ESG) screens to Brown Advisory’s top quartile performing Global Leaders Strategy. The addition of the ESG screens has been made in response to client demand.
Managed by Mick Dillon and Bertie Thomson, the fund follows the same philosophy and process that the team has employed since May 2015 when the Global Leaders strategy was launched. The Global Leaders Sustainable Fund expands on the ESG integration that is already built into their
Wilmington Trust, a specialist in corporate and institutional services, has appointed Alex Pashley as Head of Structured Finance in the UK.
Based in the firm’s London office, h Pashley e joins the Global Capital Markets European business, reporting to Alan Geraghty, Group Vice President and Head of European Operations.
Pashley’s responsibilities include overseeing the ongoing administration of the firm’s European structured finance transactions as well as growing its international franchise and offerings to its European client base, which today totals more than 480 organisations. Given the continued uncertainty around LIBOR disruption and Brexit, Pashley will join the team preparing
Vontobel Asset Management’s Clean Technology fund has added new impact indicators to “Potential Avoided Emissions” (PAE) and carbon footprint reporting giving investors the opportunity to shift from the current focus on mitigating ESG risks to positive impact considerations.
The Vontobel Fund – Clean Technology invests in companies that provide clean and innovative technologies or services, which support sustainable urbanisation and industrialisation. The fund already measures its carbon footprint and PAEs, but has recently added measurement of seven additional indicators which enable investors to see how their investments support UN SDGs on focusing on Clean Water & Sanitation, Industry, Innovation &
Options, a provider of colocation services to the global capital markets, has deployed Arista 7130 series ultra-low latency switches in 20 colocation environments globally.
Options specialised infrastructure allows clients to trade at single digit, nanosecond latencies and the deployment of the 7130 series will ensure the firm continues to meet client demand for ultra-low latency switching capabilities.
The deployment of 7130 tier switches to Options’ managed colocation platform marks the beginning of a new era of ultra-low latency access, with Layer 1 exchange access through the Arista 7130 series.
The Arista 7130 series reduces the cut through latency
Independent futures brokerage and clearing firm RJ O’Brien & Associates (RJO) has chosen the ION Global Trading Platform (GTP) for its cleared derivatives business.
RJO was committed to providing their global client base with an electronic trading platform that delivers cutting-edge functionality and broad market access. The firm also wanted a platform that could be integrated seamlessly for their institutional brokers.
Gerald Corcoran, RJO Chairman and CEO, says: “We’ve enjoyed a longstanding partnership with ION, and we’re pleased to offer our discerning institutional brokers the opportunity to migrate to GTP. As we continue to grow our global institutional business,
Multi-boutique investment company BennBridge is launching a new boutique asset management business, Skerryvore Asset Management, in partnership with emerging market equities manager Glen Finegan.
BennBridge, which has established offices in London and New York, is part of the BFM Group – which operates as Bennelong Funds Management in Australia. Skerryvore will be based in BennBridge’s Edinburgh office.
Skerryvore will aim to generate long-term returns by investing in emerging market equities. The business is named after Scotland’s tallest lighthouse, which is often cited as an outstanding example of engineering constructed in a challenging location – a clear metaphor for safe
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading solutions, has integrated its Metro trading platform with its SuperFeed and DMA Platform, to provide expanded market data coverage and risk management capabilities respectively.
Vela’s Metro trading platform is a high-performance, server-based system supporting automated, algorithmic and click trading strategies that underpin buy- and sell-side trading requirements. Offering a complete solution for options pricing, execution, and risk management, Metro provides traders with access to all major US and European options markets, as well as newly-added Indian markets, on a single platform.
Vela’s SuperFeed delivers
