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Xena Exchange has launched a free desktop terminal for its clients designed to meet the information demands of professional traders looking to navigate the cryptocurrency markets.
The desktop terminal is aimed at both novice traders looking to learn, test paper trading, try new strategies and order types, as well as experienced professionals. For more experienced traders, it allows easy automation of trading strategies using C# and Visual Studio Code plugin, strategy back testing, built-in calculation as well as one-click trading of synthetic instruments.
The desktop terminal was created in order to serve traders who do not use web terminals and
German fintech company Finoa has launched a banking-grade custody service aimed at institutional investors in digital assets.
According to the World Economic Forum (WEF), by 2027 around 10 per cent of the world’s GDP will be transacted and stored on blockchain, which represents a USD24 trillion opportunity window for the digital asset space. Finoa believes this will be one of the biggest disruptions for the financial sector in recent decades, as it will boost asset-liquidity and market efficiencies.
However, safeguarding digital assets (and the cryptographic keys, inherent in this technology) remains a daunting task for many institutional investors, who often
Apex Group (Apex) has appointed Gareth Smith has joined as Head of Channel Islands (Guernsey/Jersey), to manage the Group’s expanding operation and client service delivery across Jersey and Guernsey.
Smith (pictured) joins Apex from Maitland Administration (Guernsey) Limited where he has been a Director for the past two years. At Maitland he led the firm’s local growth in Guernsey, was involved with the development in the fiduciary business and established a ManCo service solution. Prior to that, Smith spent nearly ten years at R&H Fund Administration, four of which as a Director at its Guernsey arm again driving local expansion,
PEGAS, a pan-European gas trading platform operated by Powernext, will launch spot and futures contracts for the Spanish Virtual Balancing Point (PVB) on 18 June.
Both physical spot products (Within-Ahead, Day-Ahead and Week-End contracts) and physically delivered derivative contracts (Month, Quarter, Season and Calendar Year products) will be listed.
In addition, PEGAS market participants will have the possibility to trade geographical spread contracts with TTF and PEG.
“There is an appetite from market participants active in Spain to trade more with other European markets. Trading PVB products with PEGAS will facilitate this, as our members benefit from an access
LibreMax Capital (LibreMax), an asset management firm specialising in structured products and corporate credit, has established CAVU Investment Partners (CAVU) in partnership with international investment management firm TowerBrook Capital Partners (TowerBrook).
CAVU will invest in the equity tranches of new issue collateralised loan obligations (CLOs) managed by Trimaran Advisors (Trimaran), the CLO management platform of LibreMax. David Moffitt (pictured), Head of Tactical Opportunity Investing and CLO Management at LibreMax and President of Trimaran, will serve as President of CAVU.
Under the terms of the partnership, TowerBrook has made a substantial commitment to CAVU to support multiple Trimaran CLOs. CAVU
A recent study by the Strategic Consulting team, Prime Services, Barclays Capital, found that since 2010, merger arbitrage was the highest performing alpha generating strategy, returning 2.6 per cent (annualised). But in Europe, this strategy, which used to be referred to as risk arbitrage, is less obviously well known to investors than in the US. Part of this is down to not knowing what the right questions are to ask, when seeking out a ‘pure play’ merger arbitrage manager in the wider event-driven category.
Merger arbitrage is the only yield strategy in the equity space and involves managers assessing the
The Depository Trust & Clearing Corporation (DTCC) is partnering with Droit, a specialist in real-time transactional compliance, to enable market participants to leverage Droit’s reporting eligibility capabilities within DTCC’s Pre-Reporting Transformation Services for supported G20 regimes as well as the forthcoming Securities Financing Transactions Regulation (SFTR).
The joint offering will encompass Droit’s capabilities, which help reduce firms’ operational burden and mitigate regulatory risk by allowing firms to apply reporting eligibility logic before submitting transactions to the relevant registered trade repository. Market participants can now utilise DTCC’s Pre-Reporting Transformation Services for all key components of a regulatory reporting stack, using Droit
The Commodity Futures Trading Commission’s (CFTC) Divisions of Swap Dealer and Intermediary Oversight (DSIO), Market Oversight (DMO), and Clearing and Risk (DCR), is to grant no-action relief to provide greater certainty to the global marketplace in connection with the anticipated withdrawal of the United Kingdom of Great Britain and Northern Ireland (UK) from the European Union (EU) with or without a ratified withdrawal agreement (Brexit).
“At a time of heightened market uncertainty caused by Brexit, this Commission has worked over the past several weeks to bring clarity to participants in global derivatives markets by a series of separate actions and
Saxo Bank, a Fintech specialist focused on multi-asset trading and investment, and investment manager Brown Advisory are teaming up to launch a new digital investment portfolio, Ethical Selection in the SaxoSelect universe.
Saxo Bank’s clients will be the first retail clients outside of the US to get access to invest in Brown Advisory’s Ethical Selection portfolio that offers an attractive and cost-effective way to invest in a sustainable, all-cap, 30-40 stock portfolio comprising US listed companies.
Brown Advisory’s applied research goes beyond negative screening and evaluates every company’s environmental, social, and governance (ESG) attributes at a level deeper than
Aspiring women in finance are set to benefit from a partnership between a leading income fund manager and The University of Technology Sydney (UTS).
Plato Investment Management believes change is needed to address the under-representation of women in the sector. “Investment management is a global industry, and the diversity of our people, ideas and experiences is just as important for success as the diversity of our funds,” says Plato Managing Director Dr Don Hamson. “There are nowhere near as many women in finance as there ought to be, which means we need to do more – and quickly.”
“We
