Latest News
FlexTrade Systems has extended Goldman Sachs’ actionable IOI functionality within the FlexTRADER EMS.
The functionality adds IOI profiling and analysis capabilities to the existing FlexIOI product and makes Goldman Sachs actionable liquidity available on the desktop. Customers can action IOI liquidity directly from the trading blotter, which now displays information, including the AFME codes, and the proportion of an order that can be completed using Goldman Sachs’ actionable liquidity.
“True actionable IOI’s are a standard feature in the FlexTRADER EMS, and this latest release allows traders to prioritise which liquidity they prefer to interact with,” says Andy Mahoney, Head of Sales at FlexTrade
iM Global Partner has acquired a 40 per cent interest in Scharf Investments, an independently owned and employee-controlled US equity value firm with USD3.4 billion in AUM as of end of March 2019.
With this new acquisition in the US, iM Global Partner aims to strengthen its offering with a wider range of high alpha products.
iM Global Partner is a leading investment and development platform focused on acquiring strategic investments in best-in-class traditional and alternative investment firms in the US, Europe and Asia. This new operation brings iM Global Partner’s assets under management to nearly USD10 billion, in
Onchain Custodian (ONC), a digital asset custodian backed by Sequoia, Fosun and DHVC, has on-boarded its first customers.
Headquartered in Singapore, Onchain Custodian has developed a personalised and comprehensive custody service for institutional players and accredited investors to secure digital assets with institutional grade security and controls. The SAFE Digital Asset Custody Platform is flexibly built to meet the possible futures of digital asset custody.
Onchain Custodian’s launch event took place at the Mandarin Oriental Singapore on 11 April during the Asia Pacific Blockchain New Finance Summit. The event attracted VIP guests from all over the world, from Canada to
The SS&C GlobeOp Forward Redemption Indicator for April 2019 measured 2.51 per cent, down from 3.49 per cent in March.
“SS&C GlobeOp’s Forward Redemption Indicator for April 2019 of 2.51 per cent reflects a lower level of redemption notices compared with 2.60 per cent reported a year ago,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This year-over-year improvement in redemptions is consistent with other recent data points showing asset retention continuing to run at generally favorable levels. Investor confidence in the alternatives sector has remained high and allocations have remained steady over the volatile past year, which has
Lyxor Asset Management has launched a new program enabling institutional investors to participate in stand-alone co-investment and selective hedge fund opportunities presented to Lyxor Americas by third-party managers.
To date, Lyxor Americas’ new co-investment programme has received more than USD300 million in capital from external investors.
Opportunities available through the Program are expected to include high conviction, concentrated, and/or bespoke investments offered outside of a manager’s other funds. Investors participating in the Program can review and invest in individual opportunities arising from Lyxor’s relationships with approximately 100 hedge fund managers. This “opt-in” investment program allows participating investors to evaluate
The Supervisory Board of the European Energy Exchange AG (EEX) elected Dr Thomas Book as the new chairman.
Book succeeds Dr Jürgen Kroneberg, who passed away unexpectedly in February 2019.
Book has been a member of the Executive Board of Deutsche Börse AG since 1 July 2018 and Chief Executive Officer of Eurex Exchange since March 2016. Furthermore he is Managing Director of Eurex Deutschland since May 2007.
Book has more than 20 years experience in the field of electronic trading and clearing. After joining Deutsche Börse Group in 1995 he was part of the project that founded Eurex. Appointed to
The amount of data is growing exponentially. According to IDC, there were 16.3 zettabytes of information generated in 2017 alone. In simple terms, if every piece of data were a penny, it would cover the earth’s surface five times over.
Hedge fund flows turned positive in February, as a January stock market rebound, hopeful signs in US-China trade talks and indications of a pause in US interest rate hikes spurred investors to reverse a five-month trend of net redemptions.
The hedge fund industry posted USD12.1 billion in net inflows in February, a significant improvement from January’s USD24.1 billion in redemptions. February’s inflows represented 0.4 per cent of hedge fund assets, according to the Barclay Fund Flow Indicator, published by BarclayHedge, a division of Backstop Solutions.
Data from the nearly 6,000 funds included in the BarclayHedge database showed hedge funds in
The Depository Trust & Clearing Corporation (DTCC) has released a new paper addressing issues of trade failures in the institutional post-trade marketplace where greater technology adoption could help with growing problems in an era of cost pressures, heightened regulatory requirements, and increasing cyber security focus.
Standing Settlement Instructions (SSIs) represent a significant proportion of trade failures, as missing or incomplete SSIs create one of the biggest pain points for firms. The significant number of manual touch points relating to SSIs during the settlement process sees trade data handled by many disparate systems from matching engines to counterparties and settlement organisations,
Liquidnet has launched Ecosystem Pro, an intelligent workflow and blotter management tool designed to help buy-side traders analyse, monitor, and automate execution strategies across multiple symbols simultaneously in Liquidnet’s Execution Ecosystem.
In short, Ecosystem Pro combines global institutional liquidity, systematic execution tools, and analytical insights with the same guidance and liquidity sourcing capabilities Members have comes to expect from Liquidnet for their single stock orders.
Liquidnet’s Ecosystem Pro is composed of three main features: List Detection, Create Wave and Pro Blotter.
Designed to streamline the actions taken when multiple stocks create a complex order pad, Liquidnet’s dynamic List Detection allows
