Latest News
CMC Markets, a spread betting and contracts for difference (CFD) provider, is rolling out to its customers the ability to spread bet and trade CFDs on three new cryptocurrency indices.
The new indices are bespoke to CMC. Their creation and management in-house gives the company full control over composition and absolute transparency in terms of pricing. Each index is made up of a different range of ‘major’ and ‘emerging’ coins. Clients are able to gain economic exposure to a wide range of cryptocurrencies in a cost-effective manner, from a single transaction. Crypto index spreads will also typically be tighter than
JST Capital (JST), a financial services firm focused on solutions for digital assets has launched a full suite of offerings for nstitutional investors, blockchain companies, banks, and brokers in the digital assets ecosystem.
These offerings include over-the-counter (OTC) trading via a sophisticated GUI and FIX connection, risk management modelling, crypto optimisation strategies and consulting services.
JST Capital offers institutions a range of financial services intended to provide them seamless access to crypto markets. Clients can trade with JST using an innovative digital asset trading platform that provides transparent pricing and seamless execution. JST has also developed unique financial structures and risk
A new survey of alternative investment professionals has found that hedge fund and private equity executives alike predict moderate economic growth for the remainder of 2019.
Conducted on-site at EisnerAmper’s 4th Annual Alternative Investment Summit in New York, the survey polled 120 senior industry leaders from the hedge fund, private equity/venture capital (PE/VC), and institutional investor audience on their sentiment surrounding the industry and economy.
Executives were surveyed immediately following the conclusion of the Federal Open Markets Committee’s (FOMC) meeting on the afternoon of 19 June. Following the FOMC’s decision to leave interest rates unchanged, 45 per cent of
MackeyRMS, a provider of research management software, has secured a significant equity investment from Resurgens Technology Partners.
The partnership makes MackeyRMS the third FinTech investment in Resurgens’ USD200 million flagship private equity fund, and will enable the Company to accelerate investment in its market-leading software, expand its global presence and enhance the overall customer service experience.
MackeyRMS is a rapidly growing provider of SaaS-based research management software built for today’s modern buy-side investment firms, including global asset managers, asset owners, hedge funds, fund-of-funds and private equity funds. The platform unites existing workflows with disparate data sources to streamline research
Northern Trust has partnered with data management automation specialist Confluence to deliver financial and regulatory reporting solutions for Northern Trust’s European asset manager clients.
Together the organisations are leveraging data technology to streamline how financial documentation is prepared and delivered for fund disclosures – reducing time spent on manual tasks and driving efficiencies to help clients meet reporting obligations in a timely and accurate manner.
Those responsible for investment funds – including asset managers, investors, directors and regulators – must produce a wide range of financial statements and regulatory reports as part of their disclosure obligations.
Todd Moyer
Roberto Vernazza and his Mercurio Quantitative Program have joined Typhon Capital Management. Vernazza is Typhon’s first dedicated Quant portfolio manager under the team of François Moreau, Head of Quantitative Trading, and Cris Doloc, PhD, Chief Technology Officer.
The July launch of Mercurio is a strategic addition to Typhon’s decade-old modular multi-strategy platform. Vernazza’s methodology has a four-year track-record and will bring Typhon’s assets under management to over USD100 million.
James Koutoulas, Founder and Chief Executive, says: “We’re incredibly excited to welcome Roberto aboard whilst expanding into the UK. Roberto’s experience in mid-frequency systematic trading is a robust complement to our
SteelEye, a compliance technology and data analytics platform, has announced Senior Manager & Certification Regime (SM&CR) capabilities within the SteelEye platform, helping firms effectively monitor and manage their compliance.
As a key part of Financial Conduct Authority (FCA) strategy for driving change and mitigating risk for consumers and markets, SM&CR should not be taken lightly. In their recent CEO letter, the FCA highlights the key harms that brokerage firms operating in wholesale financial markets pose and urge CEOs to consider their strategy ahead of the SM&CR implementation for all FSMA-authorised firms in December 2019.
For financial firms, this means a
The Commodity Futures Trading Commission (CFTC) has made an award of approximately USD2.5 million to an individual whistleblower.
In ordering the award, the CFTC took into account the significance of early reporting of misconduct, however, the award was reduced because of the whistleblower’s delay in reporting to the CFTC.
“Today’s award goes to a whistleblower who assisted the CFTC at every step of the investigation,” says James McDonald, Director of the CFTC’s Division of Enforcement. “Although this award was substantial, it was reduced because of an unreasonable delay in reporting the violations. We hope this case illustrates the importance of
ITI Funds and the Bitfury Group have launched a partnership to build a framework for cryptocurrency transactions compliance under the respective KYC and AML policies applicable to funds and investment management companies.
The solution, built with Bitfury’s Crystal analytics platform, will be used by a number of fund managers, administrators and risk managers working under ITI Funds’ infrastructure platform.
The Crystal platform is a tool for real-time analysis of transactions on public blockchains (Bitcoin, Ethereum, Bitcoin Cash). It allows users to trace the fund source for specified wallets and assess any potential connections to illegal activities and/or darknet counterparties.
Cappitech has formed an alliance with IHS Markit to deliver the IHS Markit Securities Financing Transactions Regulation (SFTR) solution.
The IHS Markit SFTR solution will integrate Cappitech’s award-winning platform Capptivate to offer a solution that will meet the industry’s SFTR trade reporting needs by automating and streamlining transaction reporting to trade repositories for all securities finance instruments.
It will also support out-of-the-box MiFID II reporting for additional instruments that will be in scope when SFTR goes live.
Pierre Khemdoudi, Managing Director & Global Co-Head of Equities, Data and Analytics at IHS Markit, says: “We look forward to leveraging Cappitech’s
