Latest News
Dash Financial Technologies, a capital markets technology and execution provider, has appointed Venu Palaparthi as Chief Compliance Officer and Head of Regulatory Affairs.
Palaparthi (pictured), will be responsible for Dash’s compliance strategy, including the direction of internal regulatory policies and compliance with government regulations.
Palaparthi brings 25 years of securities industry experience that has included roles within management, market structure, compliance and technology. He holds an MBA in finance from the University of Texas at Arlington and currently serves as a Distinguished Fellow at the Center for Financial Markets and Policy in Georgetown University’s McDonough School of Business. He
Connection Capital, a specialist private client investment business, has appointed a new Head of Funds, Lorna Robertson.
Lorna Robertson (pictured), joins from Invesco where she was responsible for managing relationships with investment and private banks and developing strategic partnerships. Her role covered a range of fund strategies including fixed income, equities, alternative assets, bespoke solutions and fund linked structured products.
Previously she was Head of Capital Market Sales at Raiffeisen Bank International, and a Director at Deutsche Bank specialising in Benelux and UK Structured Credit.
At Connection Capital, Lorna will take charge of the on-going development of its
CME Group is aiming to make equity index futures trading more accessible to active traders through the launch of Micro E-mini futures on the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average indexes.
The new Micro E-mini contracts will be one-tenth the size of CME Group’s existing E-mini futures on the respective equity indexes. They will be available for trading in May 2019.
“Futures trading has been growing in popularity for active traders all over the world,” says Tim McCourt (pictured), CME Group Global Head of Equity Index and Alternative Investment Products. “The smaller contract size of
OKEx, a Malta-based digital asset exchange, is to support the Theta Network (THETA) mainnet upgrade, as well as the Theta Fuel (TFUEL) airdrop, which is expected to happen at the Ethereum block height 7,356,258 (approximately 20:00 CET on 12 March).
“The live streaming market is exploding and its internet traffic is expected to jump over 80 per cent by 2020. We do see a lot of potential in THETA. What makes it outmatch other existing live streaming platforms is that it is decentralised and powered by users. I am happy that we are supporting such an innovative project,” says Andy
Hedge funds returned an average of +1.27 per cent in February, according to the just-released eVestment February 2019 hedge fund return data, building on a strong January to bring year-to-date (YTD) performance to +4.55 per cent.
The contrast to 2018’s average industry performance of -5.05 per cent is stark and demonstrates the industry’s effort to shake off last year’s challenges. The first two months of 2019 offered up the industry’s best returns to start a year since 2012, when average returns were at +5.78 per cent through February of that year.
The big winners for the month were China-focused
Aubrey Capital Management has appointed Andrew Ward as its Chief Operating Officer (COO) and Chief Compliance Officer (CCO).
Ward worked at First State Investments for over six years, initially as part of the EMEA Distribution team before being promoted to Head of the Stewart Investors Institutional Client Team (a separate division of the firm). His final appointment at the firm was to Chief of Staff, where he worked with the CEO across all aspects of the business including strategy, planning, coordination and communications.
From 1992 to 2012, Ward served as an Officer in the British Army and saw active
QuantHouse, an independent global provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure solutions, has launched real-time pricing feeds from The International Property Securities Exchange (IPSX) for all QuantHouse members looking to trade real estate as an asset class.
IPSX is the world’s first regulated securities Exchange dedicated to trading companies owning single commercial real estate assets. The Exchange provides an alternative public capital markets option for real estate asset owners to progress an Initial Public Offering of their assets on a fully regulated market.
QuantHouse provides the technology to distribute IPSX pricing
Itiviti, a technology and service provider to financial institutions worldwide, has launched a unified products and solutions portfolio following its merger with Ullink.
Based on a modular, open architecture, Itiviti’s solution facilitates tailored, customised deployments, including integration with third parties. For customers, this means faster time-to-market and the ability to quickly adapt to business needs and regulatory change.
The new Connect and Trade solution portfolios define one of the industry’s most comprehensive offerings in capital markets technologies and services. Across these two pillars, Itiviti provides flexibility and breadth of functionality to serve any trading style across asset classes.
Pacific Fund systems (PFS), a privately-owned technology company, is now offering a ‘one-stop-shop’ software solution for the automation of the complete range of back office fund administration services, focusing on an alternatives market which accounts for approximately USD7 trillion in assets invested globally.
PFS’ core product is the PFS-PAXUS system; an established market leading product that supports wholesale fund administration and the administration of all types of open and closed ended traditional and alternative funds, including retail funds, hedge funds, and private equity investment vehicles.
PFS-PAXUS integrates all of the fund administration processes that are normally performed on multiple
Following a challenging start to the year, CTA Indices showed signs of improvement with over half of trend constituents in positive territory in February. The SG CTA Index was up by 0.42 per cent, whilst the SG Trend Index was up by 0.81 per cent.
Short term strategies struggled and underperformed other strategies, with the SG STTI down by -1.19 per cent for the month.
The SG Trend Indicator attributed February’s positive results to gains in currencies and a selection of commodity markets, as well as trends in interest rate markets. Long positions in bond markets reverted slightly, leading
