Latest News
NEX Markets dealer-to-dealer trading platform BrokerTec has worked with Eurex Clearing, one of the largest global CCPs, to launch a new clearing solution for the European repo market.
The new clearing solution will be live by the end of 2018 and will allow existing BrokerTec clients to select to clear their repo transactions via Eurex Clearing. This solution will allow market participants to consolidate their European repo and corresponding OTC and listed derivatives business under the single risk framework of Eurex Clearing, via the BrokerTec platform.
BrokerTec customers choosing to clear repo transactions will be able to optimise cross-asset portfolios more
This NEX report highlights the recent trends in how information is not only delivered, but also how it is generated. The use of enhanced data extraction, collation, normalisation analysis and reporting tools is becoming more prevalent in financial services to reduce manual processing, enable complex work flows, increase scalability and improve the quality of insights and decision-making.
Specialist treasury technology has been the domain of the world’s largest hedge funds and asset managers in the past, allowing them a competitive edge in reporting, analysis and optimising work flow management and cost savings. Today, sophisticated treasury technology capabilities are accessible to
A new High Court judgement has paved the way for alternative asset management group FM Capital Partners (FMCP) to recover all the assets and property misappropriated by its former CEO.
This follows an earlier judgment from July 2018, in which the Court ruled against Frederic Marino, FMCP’s former CEO, and former Julius Baer banker, Yoshiki Ohmura, in respect of multiple acts of fraud and corruption.
FM Capital Partners wins global fraud case against former CEO
The High Court judgment found that FMCP will be able to recover all the assets and property wrongly taken by Marino up to an approximate
Avenir Technology Limited, a global developer of post-trade Financial Market Infrastructure solutions, is the provider of post-trade market services to the Astana International Exchange (AIX) in Kazakhstan.
Avenir developed both a securities registry and a Central Securities Depository (CSD), along with related FIX trading and post-trade SWIFT messaging, to support this new exchange in the Astana International Financial Centre (AIFC).
AIX has now completed the roll-out of the production versions of the Avenir applications. All ten AIX CSD participants are connected to the Avenir platform, which also offers integrated SWIFT messaging capabilities. Drawing on the wealth of experience
New York-based investment firm Wilshire Phoenix has partnered with crypto storage solution Coinbase Custody to launch a new institutional fund by the end of 2018.
The fund, which will be organised as a statutory trust and which capped at USD500 million, will provide exposure to bitcoin, but, unlike other products that simply hold bitcoin (or oven multiple cryptocurrencies, often referred to as an index), it will seek to mitigate some of the risks typically involved from the sudden and substantial price movements of bitcoin.
In addition, investors together with financial institutions may find it difficult to purchase and hold
EEX Group is restructuring its business in Asia through a reorganisation of the services offered by its wholly owned subsidiary CLTX. The business will now operate under two separate brands: EEX Asia and Cleartech.
EEX says the strategic repositioning will allow the business to better serve the needs of its clients by using both sets of services through greater focus and specialisation on each business area.
Peter Reitz (pictured), EEX CEO, says: “EEX Group’s established presence in Europe, Asia and North America, ensures that it is ideally placed to promote and grow liquidity in the commodities sector worldwide
Apis Capital Management has listed its tokenised investment options, the Apis Token on the Nasdaq Fund Network, a platform for mutual funds and hedge funds, under symbol ZAPISX making it available on networks ranging from Bloomberg’s Terminal to Yahoo Finance.
Apis Token is also registered with the Cayman Stock Exchange.
Apis Capital Management focuses on volatility trading, with a concentration on VIX (Volatility Index) futures, S&P 500 Index options, and volatility based ETNs. The management team at Apis is comprised of industry veterans who have applied their extensive market experience and data analytics to create innovative strategies. Using
Global asset manager MitonOptimal has launched a new Dublin-domiciled DFM fund range offering international IFAs access to the company’s asset allocation and manager selection in a unitised fund vehicle.
The new funds comprise three risk-rated portfolios: Cautious, Moderate & Growth – each available in both USD and GBP denominated classes. The funds offer daily liquidity through a Dublin-domiciled UCITS V fund structure.
Shaun McDade (pictured), Joint Managing Director (Guernsey) & Head of International Portfolio Management & lead Fund Manager to the funds, says: “The new DFM funds provide investors with the investment benefits of a DFM solution with the
Campbell Lutyens, one of the leading global private capital advisors, is pleased to announce that Michele Kinner has joined as a US Advisory Director.
Kinner has over 30 years of experience in private equity and banking. Most recently, she was a Partner at Quilvest Private Equity, where she was responsible for the firm’s private equity investments in the US. She is now a Senior Advisor at the firm. Prior to joining Quilvest in 2005, Kinner managed private fund investments for Royal Bank of Canada. Previously, she was with JPMorgan Chase and its predecessors for over 22 years, where she led
Lazard Asset Management has launched the Lazard International Equity Value Portfolio. The new fund is managed by the Lazard International Equity Value team, who joined LAM earlier this year.
“International equity continues to be a strategic focus for Lazard and for our US-based clients,” says John Reinsberg, Deputy Chairman and Head of Global and International Strategies at LAM. “We are pleased to be able to offer investors this highly differentiated strategy, which we believe complements our existing international equity platform of primarily relative value and quantitative strategies.”
The fund is benchmark-agnostic, investing in companies listed outside of the US
