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Caspian, a full-stack crypto trading and risk management platform for institutional investors and sophisticated traders, has partnered with Brave New Coin (BNC), a blockchain and cryptographic assets research company, to deliver trading tools for professionals.
Through the partnership, Caspian will incorporate BNC’s comprehensive market data to assist in calculating fairer fees and market positions for traders using the Caspian platform.
Gathering and analysing data from more than 200 exchanges, 24/7, BNC’s integrated Spot Price engine calculates a time-stamped, Global Weighted Average (GWA) of multiple price points every five minutes. The engine ensures professional traders and investors can access reliable,
Saxo Bank, a fintech specialist focussed on multi-asset trading and investment, has launched SaxoInvester, a new platform that gives the growing investor segment the opportunity to build long-term portfolios across stocks, bonds, mutual funds, ETFs, and SaxoSelect portfolios.
The platform is initially launched in Denmark with international roll-out planned for the first quarter of 2019. Furthermore, SaxoInvestor will be an integral part of the Group’s white label and partner offering across markets as the platform is developed with a dedicated focus on flexibility and customisation.
SaxoInvestor is built on the same technology as the Group’s other platforms, SaxoTraderGO and
Hedge funds endured their heaviest outflows in more than five years in September despite record highs in US equity indexes and strong consumer sentiment, according to the Barclay Fund Flow Indicator.
Data from more than 5,000 hedge funds in the BarclayHedge database estimated that the hedge fund industry (excluding CTAs) shed USD39.1 billion (-1.3 per cent of assets) in September, reversing inflows of USD21.5 billion (0.7 per cent of assets) the month before.
Industry assets dipped to USD3.06 trillion in September, down from August’s all-time high. Weak demand for hedge funds contrasted with strong demand for equities in
Carey Olsen has experienced the largest growth of any Jersey law firm in the number of investment funds it advises, according to Monterey Insight’s 2018 Jersey Fund Report.
The 24th edition of the annual report, which provides a comprehensive analysis of all funds domiciled, serviced or distributed in Jersey reported that Carey Olsen now provided legal advice to 670 such funds at the end of June 2018 – an increase of 162 (31.9 per cent) over the year. Significantly, no other Jersey law firm saw a bigger increase than 15 from the previous year.
In addition, for non-permit funds
Law firm Bedell Cristin has appointed Catherine Cadman as head of knowledge to lead its knowledge strategy.
In this newly created role, Cadman (pictured), will be based in the firm’s Jersey office and will have oversight of its global presence across six jurisdictions.
With more than 20 years’ leadership experience in knowledge management roles, at both onshore and offshore law firms, Catherine is tasked with maximising how knowledge is captured, shared and applied across Bedell Cristin.
The head of knowledge role has been created as a result of Bedell Cristin’s recent growth and an increased strategic emphasis on
The SS&C GlobeOp Forward Redemption Indicator for November 2018 measured 3.96 per cent, down from 2.66 per cent in October.
“SS&C GlobeOp’s Forward Redemption Indicator for November 2018 was 3.96 per cent, a favourable reading in view of seasonal norms and essentially unchanged from the 3.91 per cent reported for the same period a year ago for November 2017,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “This result continues the past two years’ trend of redemption notices running at or below historical levels, indicating that hedge funds’ asset retention remains strong in the face of market volatility.”
The SS&C
CloudQuant has added RavenPack analytics to its trading strategy incubator. Crowd researchers can now use RavenPack historical data to discover tradable alpha signals on CloudQuant’s online Python and JupyterLab-based tools.
RavenPack is a leading provider of big data analytics for financial services that enables hedge funds, banks and asset managers to query and visualise unstructured data including insights from thousands of news and social media sources.
“We are thrilled to include RavenPack analytics in our ecosystem as they have become a vital source of alpha for quantitative investors,” says Morgan Slade, CEO of CloudQuant. “Our community is already finding
Drooms, a provider of data rooms in Europe, has appointed Rosanna Woods as Managing Director UK.
Woods is responsible for the entire UK operation, with responsibility for the team, including training and development, distribution of Drooms’ software solutions, strategic business development and customer retention.
Drooms allows companies to have controlled access to confidential corporate data across company boundaries and specialises in providing tailored solutions for the entire value chain and lifecycle management of assets. Its technology is constantly evolving and Drooms recently announced it had become the first virtual data room provider to harness blockchain technology to improve its
ALFI has unveiled three reports at its PERE conference held in Luxembourg on 20 and 21 November which all highlight strong growth in the Grand Duchy’s alternative funds sector.
The Luxembourg Real Estate Investment Funds 2018 survey, confirms that Luxembourg remains the favoured location to establish and maintain multi-geographical and multi-sectoral regulated REIFs, which continue to appeal to institutional investors and fund managers from around the world.
The Loan Fund Survey 2018, carried out in conjunction with KPMG, shows that assets under management in Luxembourg-domiciled loan funds has reached EUR49billion, a 23.5 per cent increase over the past year,
Xena Exchange, a professional-level crypto-asset trading platform, has completed a USD3 million Series A round of financing led by Klever Internet Investments. The newly raised funds will bolster the company’s focus on team expansion, marketing efforts, and accelerate product development.
The Xena Exchange team is made up of a group of industry professionals with experience from top-notch investment banks such as J.P. Morgan, Deutsche Bank, UBS, and more. In 2017, the company has received its initial funding from angel investors to launch its operations, and has since built a cryptocurrency trading platform with better tools for trading.
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