Digital Assets Report

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Euronext has completed the acquisition of circa 90 per cent of FastMatch, a forex-focused Electronic Communication Network (ECN), having secured regulatory and anti-trust approvals. This follows the announcement of 23 May 2017 on the signing of the agreement with the existing shareholders of FastMatch.   Consistent with Euronext’s “Agility for Growth” strategy, this transaction is aimed at diversifying Euronext’s top line, accelerating its growth profile and allows the group to extend its “best execution” value proposition to an additional asset class.
As your firm evaluates moving to the cloud – as most financial and investment firms today will inevitably do – your list of priorities will likely include: Regulatory and investor impact Migration plans and operational effects Hardware disposal and infrastructure changes But another critical business area your firm should put some thought into is the effect of the cloud movement on your internal IT department (assuming you have one). What exactly happens to a firm’s IT team once it moves operations into a cloud environment? Is there still value in maintaining an in-house staff?   The simple answer is ‘yes,’
By JD David – Meyler Capital – Good comedians set-up their jokes before delivering the punchline. Good investors analyse a company before buying its stock. Good boxers throw a jab before throwing a cross.  Putting yourself in position to succeed is pretty straight forward. First comes the preparation (or “set-up”) … and then comes the finish.  There is a reason you don’t see boxers standing in the middle of the ring randomly throwing haymakers and uppercuts. Those punches rarely accomplish much on their own because they are easily slipped by any experienced opponent when not set-up properly.  It’s no different
Institutional trading network Liquidnet has enhanced its Liquidnet Virtual High Touch offering with the launch of Targeted Invitations for Algos in Europe, which allow buy-side traders to seek out additional block liquidity by sending actionable invitations within the Liquidnet community, while still keeping both sides of the trade anonymous. The multi-asset class technology was first launched for equities in 2015 and then expanded into fixed income in 2016.   Now with the launch of Targeted Invitations for Algos, traders can add a Targeted Invitation to an algorithmic order and achieve two things at once – access the liquidity they need via
Aventus Systems, a UK blockchain-based event ticketing solution, is relaunching an ICO (Initial Coin Offering) it postponed earlier this year. Aventus has already attracted the attention of major investors as it seeks to launch the crowdfunded release of their new crypto-token, AventCoin, on 6 September, which will run until the 12th. The initial ICO was postponed as a response to the CoinDash hack and the bitcoin ‘hard fork’, however the market has since stabilised and Aventus has decided to press ahead with a strong message of assured security, having had an audit and two month long bug bounty on their
Singapore Exchange (SGX) has seen strong growth in its FX Futures business over the last 12 months, with the total volume of FX Futures contracts up 74 per cent year-on-year (y-o-y) to 759,983 contracts in July. Open interest in these contracts was up 15 per cent y-o-y to 60,105 contracts as at the end of July.   The average daily trading volume for all SGX FX Futures through July was 36,190 contracts, representing a significant increase 74 per cent y-o-y. On a year-to-date basis, this translates to over 31,000 contracts traded per day. Since the introduction of FX Futures at
SimCorp, a leading provider of investment management solutions and services to the global financial services industry, has released version 6.2 of its front to back investment management solution, SimCorp Dimension. Resulting from SimCorp’s continuous investment of more than 20 per cent of its annual revenue into R&D, the second of this year’s bi-annual SimCorp Dimension releases introduces new functionality for all parts of the investment management lifecycle and to support all financial instrument types in one system.   A recent InvestOps survey found regulatory compliance to be a top concern for global investment managers and listed MiFID II among the
Digital asset management platform ICONOMI, has secured Columbus Capital as its first asset management partner to maintain and grow funds comprised entirely of blockchain based assets. ICONOMI will continue focusing on platform development and offering the software tools for blockchain-focused fund managers, while Columbus Capital will independently manage three initial funds; a comprehensive Blockchain Index (BLX), Pinta (CCP), a closed-end, high performance fund focusing on novel digital assets and Blockchain.ONE, a fund soon to be listed on traditional, internationally regulated exchanges.   Each of these funds originated as the first Digital Asset Arrays (DAAs) built on ICONOMI’s software. Co-founder of
ITI Capital has appointed John Barker (pictured), as Non-Executive Chairman. He was formerly the Executive Chairman of BCS and Managing Director and Head of International at Liquidnet Europe for over 10 years, as well as serving on the Board at Instinet. In his new role, Barker will spearhead ITI Capital’s business strategy, offering direct market access to emerging markets for global clients, and to global markets for its Russian clients. The London based team also offers prime brokerage services and a trading platform for algorithmic funds, as well as structured products and technology-focused asset management.   Barker says: “I am extremely
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.67 per cent in July, underperforming the 0.93 per cent monthly return of the HFRX Global Hedge Fund Index. The Wilshire Liquid Alternative Index family is a joint offering between Wilshire Funds Management, the global investment management business unit of Wilshire Associates Incorporated, and Wilshire Analytics, creator of the Wilshire 5000 Total Market Index.    “Risk-assets rallied in July, providing a tailwind for equity and credit strategies,” says Jason Schwarz (pictured), President of Wilshire Funds Management. “Long-biased equity strategies were

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