Latest News
JonesTrading Institutional Services (JonesTrading) has appointed Cabot Henderson as Risk Arbitrage Market Strategist. JonesTrading says Henderson adds to its capabilities as block trading firm in risk arbitrage and event driven trading situations.
Henderson has over a decade of experience in portfolio management, trading, and analysis in risk and event driven situations. Prior to joining JonesTrading, he was Founder and Portfolio Manager at Center Hill Capital. He has served as Senior Analyst at Hudson Bay Capital and was an Analyst and Trader at C12 Capital. He has also worked in Equity Derivatives and Global Markets at Barclays Capital and Merrill Lynch,
Securrency, a US-based provider of financial and regulatory technology products for the tokenised issuance and trading of securities, is planning to secure a license to operate a crypto-asset business with strategic partners under the new Abu Dhabi Global Market (ADGM) crypto regulatory framework.
Securrency will file an application with the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre in the Emirate of Abu Dhabi in the United Arab Emirates (UAE). The company will partner with top global blockchain companies and innovative industry leaders to create and launch a fully-regulated crypto-asset business for institutional clients, globally. Leveraging Securrency’s
BTIG has added Jack McCourt and Kenneth Smalley to the firm’s Fixed Income Credit team where they will focus on high-yield sales and strategy.
McCourt joins BTIG as a Managing Director within High-Yield Sales in Los Angeles, while Smalley joins as a Managing Director and High-Yield Strategist in New York.
As high-yield specialists, they will effectively strengthen the Fixed Income Credit team and diversify its capabilities. McCourt and Smalley will report into Drew Doscher and Darren Haines, Managing Directors and Co-Heads of Fixed Income Credit at BTIG.
“Jack and Kenneth are the ideal complement to our team,” says Anton LeRoy,
JTC, a provider of fund, corporate and private wealth services to institutional and private clients, is to acquire Van Doorn from International Capital Group BV.
Van Doorn is a specialist provider of corporate and related fiduciary services based in Amsterdam, the Netherlands. The firm’s 16 employees will combine with JTC’s existing Institutional Client Services team in Amsterdam, increasing JTC’s market presence in the region, broadening its services and creating greater opportunities for future growth.
The principal managers of Van Doorn, who are also shareholders of the Seller, Aravind Ramanna and Eke Verbeke, will join JTC at completion.
The
BlueMountain Capital Management (BlueMountain), a private, diversified alternative asset management firm, has appointed Nitin Dewan as Portfolio Manager, Primary Strategies in the firm’s equities team.
In the newly-created position, Dewan (pictured), will report to Lance Rosen, who joined BlueMountain as Head of Equities last year.
Dewan will be responsible for identifying both core and tactical long-short opportunities presented by the systematic mis-pricing of equities around capital market events such as IPOs and Follow-ons.
“The growth of our discretionary equities strategy further advances our plans to enhance our historic strengths, to adapt quickly to changing markets and to build new investment
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has appointed Peggy Sullivan (pictured), who has served as a consultant to the Company since October 2017, as Chief of Staff.
Based out of Vela’s headquarters in New York and reporting to CEO Jennifer Nayar, Sullivan’s key responsibilities include establishing strong strategic partnerships, advising on market structure challenges and developments, building trusted relationships with key accounts, identifying opportunities to improve service delivery, and collaborating with the wider executive team on strategy and product innovation while also representing Vela across a number of industry groups and
Cappitech, a provider of regulatory reporting and intelligence technology for the financial services industry, has expanded its integrated reporting solution to CME Group’s Australian Trade Repository (ATR).
This integration provides investment firms with automation technology to comply with ASIC Derivative Reporting requirements and extends Cappitech’s existing cooperation with the CME Group on its European Trade Repository (ETR) that supports EMIR reporting. Since 2016, over 500 million trades have been submitted to the ETR through Cappitech’s reporting platform.
This new integration with CME’s ATR provides ASIC regulated investment firms with the ability to leverage Cappitech’s source system integration, data transformation,
Neuberger Berman, a private, independent, employee-owned investment manager, has launched a UCITS strategy investing primarily in collateralised loan obligations (CLO) mezzanine debt securities.
Targeted at sophisticated investors, the Neuberger Berman CLO Income Fund launched with USD77 million of seed client investment. The Fund is managed by Pim van Schie (pictured), Joseph Lynch, and Stephen Casey, senior portfolio managers in Neuberger Berman’s USD43 billion non-investment grade and structured credit team.
The Fund aims to generate an attractive risk-adjusted return relative to comparably rated corporates with minimal duration by investing primarily in US dollar and euro-denominated floating rate CLO mezzanine debt
Brian R Hall, OBE, former Chairman of the Board of Oyster Consulting (Bermuda) Ltd, has become Chairman Emeritus.
Hall (pictured) has served as Chairman of the Board since the company’s inception. His son, B Robert (Rob) Hall, a Founding Principal and Managing Director of Oyster Consulting, will now take on the role of Chairman .
Virginia-based Oyster Consulting provides financial firms across the United States the sophisticated, expert support necessary to navigate today’s volatile economic environment, complex regulatory schemes, and evolving technologies. In 2012, Oyster Consulting launched a platform for its services in Bermuda through Oyster Consulting (Bermuda), formerly known as Inter-Ocean
Bitwise Index Services, a subsidiary of Bitwise Asset Management, creator of a cryptocurrency index fund, has launched three additional indexes covering the mid-cap, small-cap, and total-market segments of the cryptoasset market.
In addition, the company has renamed the HOLD 10 Index as the Bitwise 10 Large Cap Crypto Index.
The new additions to the Bitwise Crypto Index family are: the Bitwise 20 Mid Cap Crypto Index (BITW20); Bitwise 70 Small Cap Crypto Index (BITW70); and Bitwise 100 Total Market Crypto Index (BITW100).
To support the indexes, Bitwise has launched an index advisory board, featuring experts in institutional indexing and
