Latest News
CMC Markets has launched Skill providing users with the latest CMC Markets news headlines, articles, analyst tweets and market data, via Alexa home assistant products.
Using the voice command “Alexa, open CMC Markets”, users can also access the latest spreads and price change percentages for five of the most frequently traded instruments on CMC Market’s Next Generation platform.
The CMC Markets Skill provides traders with a way of accessing relevant information in an effective and convenient way. The impact of up-to-date information on decision making has never been more important, and it is crucial that financial traders and investors
VisoTech is to be listed as an independent software vendor (ISV) on Powernext’s pan-European gas trading platform PEGAS, meaning trading members can now enjoy fully automated algo-trading on the spot market.
PEGAS is the leading gas spot trading platform in Continental Europe, allowing its members to trade spot and derivatives gas contracts in the Austrian, Belgian, Czech, Danish, Dutch, French, German, Italian and UK market areas. PEGAS also offers options products on the TTF hub.
VisoTech will be the first ISV on PEGAS providing fully automated algo-trading of natural gas. Using the Periotheus autoTRADER, members trading on PEGAS via
NRI has added a new function to I-STAR/CORE to cater for a new listed options trading method, Flexible Options. The new method was recently introduced by Osaka Exchange, on 25 June 2018.
With Flexible Options trading, contract terms are negotiated and customised, registered with the exchange and then delivered to financial institutions twice a day. I-STAR/CORE, which was recently revamped with enriched real-time processing, reliability and expandability, has now added functionality that can automatically upload the security information as it’s delivered twice a day.
As a result, all I-STAR/CORE users can now process the following post-trade processing on the
Harmonic Fund Services has gone live with Finastra’s Fusion Loan IQ solution. The independent fund administration and alternative asset fund servicing firm will use the platform – traditionally employed by banks and service providers to service their bilateral, specialised and syndicated loan portfolios – to provide a new loan administration and agency service to its diverse alternative investment funds client base.
“Our customers have sophisticated needs, and when it comes to loan admin servicing that is no exception,” says John Wolfe, Director, Harmonic Fund Services. “With Fusion Loan IQ, we will be able to expand our services to meet the
AlphaBot, a technology solution for sourcing, analysing and allocating to alternative investments, has secured three new clients for its platform.
“We are delighted to welcome Advanced Alpha Advisers, Equity Risk Control Group, and Totem Asset Group to AlphaBot,” says Dmitri Alexeev (pictured), AlphaBot Chief Executive Officer. “In the few months since launch we are attracting leading fund allocators, managers, advisers, data providers, and others with our technology that streamlines a previously complex process to bring investors and managers together on a single platform.”
“Totem Asset Group updates its performance data regularly with AlphaBot to help qualified investors more easily
BTG Pactual Asset Management has appointed Andrea Fioravanti as a Portfolio Manager, FX Trading.
In this role, Fioravanti will trade foreign exchange instruments for BTG Pactual Asset Management’s flagship Global Emerging Markets and Macro Fund (GEMM). Fioravanti will be based in London, effective 2 July 2018.
“Andrea has spent his entire career in foreign exchange trading and will be a valued addition to our GEMM team,” says Steve Jacobs, CEO of BTG Pactual Asset Management. “He joins our 30 investment professionals across in UK, US and Brazil who trade GEMM.”
Before joining BTG Pactual Asset Management, Fioravanti was a
Pillar Capital Holdings Limited, a Bermuda-based insurance asset manager focused on collateralised reinsurance and catastrophe insurance-linked securities, has appointed Jeffrey T Daddario as a Senior Analyst.
Prior to joining the Company, Daddario ran a secondary trading desk trading public and private catastrophe bonds at JLT Capital Markets, the boutique investment bank of JLT Re based in Manhattan. He was also responsible for assisting in the structure and origination of private placement catastrophe bonds, including a USD180 million Skyline Re and the first weather bond (Market Re 2016-5) in nearly 20 years. Daddario has a Bachelor’s of Science from Cornell University.
Dalzell Trading has selected LiquidityBook’s LBX Outsourced Trader, an advanced POEMS (portfolio, order and execution management system) with fully integrated FIX connectivity.
Dalzell Trading is an outsourced trading firm launched in 2018 with trading desks in Boston and Philadelphia. The firm is led by David Dalzell, who previously served as Head of BlackRock’s Boston-based equity and options Trading Desk and Associate Head of Equity Trading Americas. Staffed by professionals with decades of experience working directly with portfolio managers, the firm provides US equity and options trading to emerging and established hedge funds and investment managers, reducing their trading desk’s costs
CMC Markets, a specialist in online trading has partnered with Tradefeedr, a data science platform built for financial markets, to deploy cloud based machine learning to improve trading analytics and intelligence around liquidity management.
The additional capabilities provide for: Data integration – the ingestion, cleansing and store of massive amounts of market and transactional data; data exploration – high performance computing infrastructure for inspecting, intersecting and querying massive data sets. Also data visualisation tools and APIs for extracting the results of analysis for further analysis; and machine learning – powerful analytical tools for data driven decision making. And transparent models,
Nasdaq Commodities is planning to offer Day Ahead Auction Markets for Electricity in Germany, France and the Nordics alongside the existing Power Futures contracts.
The implementation of Capacity Allocation & Congestion Management (CACM) aims at promoting effective competition in the generation, trading and supply of electricity. By combining Auction and Futures markets on a consolidated platform, Nasdaq is aiming for increased customer benefits with lower fees and higher market efficiency.
“The new regulatory landscape is creating an opportunity to provide a brand new model for power exchanges in Europe,” says Catharina Hovemyr, Head of European Commodities at Nasdaq. “CACM
