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PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 207.1 TWh in April 2019 (April 2018: 146.4 TWh).
The spot segment reported a total volume of 125.5 TWh which represented a 60 per cent increase over the previous year (April 2018: 77.7 TWh) due to the good performance on most PEGAS spot market areas and a new record on CZ VTP which registered 787 GWh (previous record in March 2018: 582 GWh). In addition, 22.3 GWh were traded on PEGAS’ options segment.
In April, the spot segment amounted to 125.5 TWh. Dutch TTF market
Align, a provider of technology infrastructure solutions and managed IT services, is sponsoring this year’s SALT Conference in partnership with eSentire, a specialist in managed detection and response (MDR). The forum will take place at the Bellagio in Las Vegas, 7-10 May, 2019.
Since its inception in 2009, SALT has convened the global investment community, preeminent business executives and public policy officials to network, engage in fireside chats and debate emerging market developments, trends, technological innovation, cybersecurity and philanthropy. On Wednesday, 8 May, from 4:40 pm – 5:15 pm, Vinod Paul (pictured), Chief Operating Officer of Align, will deliver actionable insights and remarks
RCM-X, the trading technology subsidiary of RCM Alternatives, is to incorporate and Social Market Analytics’ (SMA) Cryptocurrency Data Feed into the logic of its advanced order types and technologies.
The SMA Cryptocurrency Sentiment Feed will offer traders a first-of-its-kind tool for including social media sentiment data in their trading strategies and logic, allowing RCM-X advanced automated execution algorithms to anticipate potential market impacts driven by public media platforms.
Back in 2011, the RCM-X team was one of the first groups to write an adaptor to take SMA’s sentiment data into Strategy Studio for US Equities, and the extension into crypto
One-year-old startup the Diamond Standard Co has launched the world’s first fungible diamond commodity product – a universal asset to secure any digital transaction.
“Diamonds are a valuable natural resource, but unusable by institutional investors. Unlike gold and platinum, each diamond is different, so price is negotiable,” explains Cormac Kinney, founder and CEO of Diamond Standard Co. “We created a diamond commodity by grouping sets of diamonds in a fair and transparent way. The sets are fungible, and the diamonds are independently certified, and the key is that they are sourced through a regulated exchange, with market-driven price discovery.”
Diamond
The European Energy Exchange (EEX) increased volumes on its power derivatives markets by 35 per cent to 331.9 TWh in April (April 2018: 246.6 TWh). In particular, volumes traded in the German Phelix-DE product (232.2 TWh, +82 per cent) contributed to this growth.
The markets for France (24.7 TWh, +25 per cent), Italy (46.9 TWh, +21 per cent), Spain (9.5 TWh, +32 per cent) and Central-/South-Eastern Europe (8.9 TWh, +44 per cent) achieved double-digit growth.
In April, EEX introduced order book trading for Greece and, in doing so, extends the existing Trade Registration offering for this market. In April, 78,000
Refinitiv has been appointed as the official calculating agent for the Bank of Thailand’s official Thai Baht spot rate, forward points and implied swap rates.
The new transactions-based benchmark succeeds the previous survey-based benchmark administered and calculated by Refinitiv. Known to market participants as THBFIX, it will be available from 2 May 2019.
Refinitiv will use transaction data from its FX Trading and Matching platforms to calculate the benchmark, with 30 Thailand based banks and brokers participating. The change in methodology from survey-based to transactions-based input data will make the benchmark more robust and better reflect Thai financial markets’
HarbourVest Partners, a global private markets asset manager, has appointed Vinay Mendiratta has joined the firm as a Managing Director. Based in Boston, Mendiratta will focus on business development with distribution partners in the US to help private clients achieve their private markets objectives.
“Over the past decade, wealth management firms have sought greater exposure to private markets for their family office, private bank, wealth management, and institutional clients, and HarbourVest has a long track record of helping them meet their clients’ private market investment objectives,” says John Toomey, Managing Director, HarbourVest Partners. “This is a critical part of our
Global regulatory compliance firm Optima Partners as appointed private equity and hedge fund adviser David Gold as the firm’s Chief Operating Officer (COO).
“Hiring David represents a significant investment in Optima’s growth,” says Optima Partners CEO Jonathan Saxton. “His role will ensure the consistent delivery of the high level of advice and service to all of our clients, as well as the continued robust growth of our firm.”
Gold says: “I am looking forward to working with our global colleagues to help Optima broaden its market leadership and drive successful outcomes for its clients, employees and other stakeholders.”
A Leg To Stand On (ALTSO) is is holding its 2nd Annual Rocktoberfest concert in London on 19 June 2019 when members of the hedge fund and private equity communities will come together for a night of live rock & roll entertainment, with the aim of raising money to provide free orthopaedic care for children in the developing world.
The line-up will feature bands whose performers are moonlighting from their day-jobs in high finance. The firm which raises the most money gets to choose their spot on the bill. The London show mirrors events in New York and Chicago, in
Aegon Asset Management has made two new hires to strengthen its now 14-strong global responsible investment team.
Brunno Maradei joins Aegon Asset Management as Global Head of ESG based in The Hague, the Netherlands and Julius Huttunen joins the company as Responsible Investment Manager, based in Chicago, US. Both will report into Roelie van Wijk-Russchen, Global Head of Responsible Business & Public Affairs.
Maradei joins AAM on the 1st of May from the European Investment Bank in Luxembourg where he was a Senior Investment Officer leading execution teams for project finance deals outside the European Union, focusing on climate-friendly impact
