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Options, a provider of global market data and colocation services for trading firms, has added Hong Kong Exchange (HKEx), Korea Exchange (KRX) and the Australian Securities Exchange (ASX – ALC Australian Liquidity Centre) to its Managed Colocation platform.
In addition to the ASX in Australia, Options has also expanded its footprint into Equinix SY2 in Sydney. Options’ clients co-located within these co-location facilities will benefit from access to ultra low latency exchange feeds and order entry access and managed hosting directly at source.
Options has successfully deployed colocation infrastructure at the top tier exchanges as part of its aggressive
Connor, Clark & Lunn Funds (CC&L Funds) has launched three alternative mutual funds effective 21 February 2019: CC&L Alternative Income Fund; CC&L Alternative Canadian Equity Fund; and CC&L Alternative Global Equity Fund.
“The recent introduction of a new, more flexible Canadian mutual fund regulatory structure allows us to offer select alternative strategies in funds that are available to all Canadian investors. In these funds, our investment teams can apply a broader set of tools, which increases the probability of adding value to traditional Canadian equity, global equity and fixed income portfolios to deliver better investment outcomes in the decade to
Jersey’s funds industry continued to see a rise in the number of alternative fund managers choosing to market their funds through national private placement regimes (NPPR) in the second half of 2018, according to the latest figures from Jersey’s financial regulator.
Data from the Jersey Financial Services Commission (JFSC) shows that the number of Jersey-registered managers opting to market into the EU through NPPR rose 4 per cent between July and December 2018, and by 13 per cent compared to December 2017, to stand at 168.
Meanwhile, the total number of Jersey alternative funds being marketed into the EU
SteelEye, a compliance technology and data analytics firm, has launched a communications and trade surveillance solution which has been fully integrated with its existing records retention and data analytics platform.
The solution aims to enhance firms’ ability to meet MAR/MiFID II and other international regulatory requirements, while offering powerful and intelligent insight into the underlying data helping to mitigate risk and optimise business performance.
Regulators globally are increasingly focussed on the obligations of financial institutions to proactively identify suspicious activity, market abuse and financial crime, such as insider trading and market manipulation. To monitor this complex array of activity,
SS&C Technologies Holdings has appointed Joseph Maxwell as Technology Head of SS&C GlobeOp’s Hedge Fund Administration group.
Maxwell recently joined SS&C and is based at the company’s 4 Times Square office. He will be responsible for driving SS&C’s technology solution strategy, further strengthening the company’s leadership position in hedge fund technology and fund administration. Prior to joining SS&C, Joe spent over 12 years at Citco; 8 of which he served as the Chief Information Officer for the Citco Group of Companies. He has also held senior positions at BDO Seidman, LLC, The Hackett Group and Deutsche Bank.
“We
The big question that arises whenever trade wars emerge is the extent to which the principal actors involved devalue their domestic currencies. For the US and China, the battleground is substantially uneven in the sense that China basically controls all of the possibilities to manipulate its currency, whereas the US has limited measures to do likewise.
As FXCM has written, last July the People’s Bank of China set the reference rate for the Chinese renminbi to 6.7671 RMB against the US dollar. It led to an instant 0.9 per cent devaluation and led to the RMB spiking at 6.9348 by
We’d all like to have a crystal ball and see how the markets will perform in future but it remains one of life’s impossibilities. At Private Equity Wire, we’ve tried to do the next best thing and ask the manager community to share their views and opinions on how they see 2019 playing out: in terms of the macro backdrop, deal flow, fee structuring and fundraising.
In Europe, deal volume reached an all-time annual record of 2,230 last year, while deal value reached an 11-year high of EUR199 billion. What might 2019 have in store?
With contributions from an array
LiquidX, a global network for illiquid assets, transacted a record USD7.4 billion in 2018, as year-over-year trading volume soared 40 per cent. The platform handled four times as many unique credits in 2018 than in previous years.
“Our clients transacted hundreds of different credits in 2019, while using multiple structures across 25 different legal jurisdictions,” says Glenn Kocher (pictured), Head of Sales and Client Services at LiquidX. “Whether you are a corporate treasurer, a bank or an institutional investor, having that scope of execution in one place is extremely powerful.”
Novelis, the leading producer of flat-rolled aluminium products and
Lucena Research, a specialist in predictive analytics for financial markets, and Wall Street Horizon, a provider of corporate earnings and events data to institutional investors, are bringing to market new combined offerings in the form of actionable signals for investment.
Lucena’s Data Analytics Suite hosts a collection of carefully vetted elite data sets ready for consumption by investment professionals. Wall Street Horizon’s signals have been validated by Lucena’s artificial intelligence engine and are now available for assessment and consumption through validation reports, backtest simulations, model portfolios, and smart data feeds.
Lucena’s platform is a suite of data science and
Singapore-based Straits Financial Group has expanded its existing relationship with trade surveillance and market risk platform provider Eventus Systems by signing on to the Validus trade surveillance and risk management platform for its Singapore headquarters.
Straits Financial Group is the brokering division of the CWT Group, a leading global provider of integrated commodity services.
Eventus CEO Travis Schwab says: “We began our expansion into the APAC region last year with a presence in Singapore, and we’re thrilled to build on our relationship with Straits after the firm’s US operation has seen what a tremendous difference our Validus platform can
