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Exchange Data International (EDI) has appointed an Advisory Panel to advise it on the company’s next stage in growth. This panel includes three industry experts that will assist EDI in developing its strategies for both acquisition and organic growth. The three members are: Bob Magri, Peter Sluka and Steven Goldstein.
Jonathan Bloch (pictured), CEO of Exchange Data International says: “EDI is expanding rapidly the number of its datasets and it is enlisting the help of industry specialists. We would like to welcome our three appointees to our advisory panel and look forward to working with them in the future.”
PEGAS, the pan-European gas trading platform of EEX Group, operated by Powernext, has introduced spot and futures contracts for the Spanish Virtual Balancing Point (PVB).
Physical spot products (Within-Ahead, Day-Ahead and Week-End contracts) and physically delivered futures contracts (Month, Quarter, Season and Calendar Year products) are now available for trading and will lead to the delivery of natural gas at the PVB hub, which is operated by ENAGAS. All transactions are cleared through European Commodity Clearing, the central clearing house of the EEX Group.
On Wednesday 19 June, a first trade was registered between Centrica Energy Trading and Danske Commodities
Sterling Trading Tech (STT) has appointed Erik Schmidt – an industry veteran with two decades of experience in capital markets – as Managing Director of Client Services.
Schmidt’s career began on the trading floors of Chicago, which led him to Europe and Asia where he opened and managed trading offices to run international portfolios.
Schmidt has previously served in management positions successfully at firms such as Gelber Group, Deutsche Bank AG and Mako Global Derivatives. His global management expertise includes leading client services teams, trading operations, risk and portfolio management. His deep market knowledge and passion for client services
The financial services industry’s top priority for AI applications is data mining, according to the second annual AI Outlook Survey from Broadridge Financial Solutions.
The survey, which explores the state of AI adoption and readiness among US financial services companies, reveals that data mining (36 per cent) is followed by post-trade processing (20 per cent), market analytics (13 per cent) and trading systems (12 per cent) in the list of priorities.
Broadridge polled operations, technology and regulatory leaders from across the financial services industry for the survey and released the findings in conjunction with a white paper focused on AI
eVestment, a specialist in institutional investment data and analytics, has named Maria Simon as vice president of client success for the company’s Nordic region, Germany and Austria. She will be based in eVestment parent company Nasdaq’s Copenhagen office at Nikolaj Plads 6.
This new position marks eVestment’s expansion of operations in its fast-growing northern European region, previously led from eVestment’s London office. In this position, Simon will be responsible for leading regional business development, client relationship management and data collection efforts in the region.
“I’m excited to take on the challenge of growing eVestment’s business and working with our
Predata, a predictive analytics company for anticipating geopolitical risk, has released a new suite of signals for US equities. The signals quantify online attention and concern to each of the eleven S&P equity sectors, as well as constituent companies and macro themes within those sectors.
Financial market participants have found success in applying the Predata suite of geopolitical risk signals to multiple asset classes, including FX and commodities, but this marks the first dedicated offering for US equities. Predata customers are now able to use these new out-of-the box signals to inform their perspective on the various equity sectors, going
Avelacom, a connectivity and IT infrastructure solutions provider for the financial services industry, has promoted Vincent Harrison to Managing Director, Global Sales, to drive business growth and further develop Avelacom’s low latency network across the Americas, EMEA and APAC.
In this newly created role, reporting to Aleksey Larichev, CEO of Avelacom, Vincent will be responsible for establishing and maintaining relationships with key clients in the US. He will also develop new services to support expansion into new markets such as Brazil and Mexico, where the need for low latency solutions is growing, as a result of increased interest from institutions
Crystal Capital Partners, the operator of an alternative investments platforms for financial advisors and their qualified purchaser (QP) investors, has reported 46 per cent growth in its advisory partnerships since January 2018.
CEI Steven Brod says: “With 25 years of alternative investment experience, it is our ongoing commitment to remove the complexities and barriers to entry associated with alternative investments, and work with a network of willing partners that want to leverage our expertise, technology and infrastructure. We are forever grateful to all of our partners, and fully intend to evolve and flourish with them every step of the way.”
The Association of the Luxembourg Fund Industry (ALFI) has appointed of Corinne Lamesch as the new Chairperson of ALFI following its annual general meeting. The appointment is effective immediately and will run for two years initially. In addition, a new Board of Directors has been elected.
Lamesch has been a member of the ALFI Board of Directors since June 2017 and has actively participated in a number of ALFI Technical Committees and Working Groups. She is a regular speaker at industry events and has been actively participating in conferences and roadshows that ALFI is organising in Luxembourg and across the
Euronext has completed the acquisition of Oslo Bors VPS and now own 97.8 per cent of the total issued and outstanding share capital of the exchange.
The unconditional offer launched by Euronext on 31 May 2019, and recommended by the Board of Directors of Oslo Børs VPS, for all issued and outstanding Shares not already owned by it remains open for Acceptance until 28 June 2019 at 18:30 Central European Time.
Euronext will in due course initiate a compulsory acquisition procedure to acquire any remaining shares not tendered in accordance with the rules of the Norwegian Public Limited Companies Act.
