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CMC Markets has expanded its multi-asset liquidity offering by becoming part of the XCore community.
Through the XCore, financial institutions access the most liquid market in the world. The XCore’s innovative and cutting-edge technology benefits hundreds of financial institutions by providing them with liquidity through Tier 1 banks, prime brokers and other liquidity sources.
Through the XCore community, CMC Markets will be able to offer its wide range of top-tier liquidity including currency pairs, indices, commodities and treasuries to a larger pool of financial institutions at ultra-low latency connectivity.
PrimeXM CEO, Cristian Vlasceanu says: “Committed to our mission
Mosaic Smart Data (Mosaic), a FICC data analytics company, has appointed Jack Jeffery as Chairman of the Board.
With over 35 years’ experience in the financial markets, Jeffery has previously held CEO positions at electronic fixed income platform MTS and ICAP Electronic Broking, which included responsibility for Brokertec and EBS. Prior to that, he was CEO of EBS, the spot FX electronic broking platform which he guided to its sale to ICAP in 2006. Jeffery also served on the Bank of England and US Federal Reserve Foreign Exchange committees between 1999 and 2007.
Jeffery joins the Mosaic Smart Data
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has published a consultation paper setting out its proposed framework to regulate spot crypto asset activities, including exchanges, custodians and other intermediaries, to be undertaken in ADGM.
The FSRA is proposing a fit-for-purpose regulatory framework that effectively addresses the full range of risks associated with crypto asset activities. For crypto asset exchanges, it will entail proper regulation as market infrastructures addressing key risks including anti-money-laundering and counter-terrorist financing (AML/CTF), consumer protection, technology governance and safe custody. This best-in-class regime addresses concerns from regulators, institutions, corporates and investors by
London Block Exchange (LBX) – the UK’s only dedicated multi-cryptocurrency exchange – has added Bitcoin Cash (BCH) and Ethereum Classic (ETC) to its offering of cryptocurrencies.
This makes LBX the sole player offering GBP pairing with both these cryptocurrencies, in addition to being the only exchange underpinned with UK on-shore banking.
This takes LBX’s total coins listed to six (in addition to BTC, ETH, LTC, XRP) and comes just weeks after LBX added Ripple (XRP) to its exchange – showing its senior team are proving good on their promise to roll out ‘multiple new coins’ on a regular basis.
Every fund manager knows that the risks of cyber attacks impacting the way they do business are exponentially rising. For some managers, knowing the proper approach to cybersecurity, within the limits of available resources and budget, can feel disorientating.
To overcome this, firms are best advised to think about taking a layered approach to building a robust cybersecurity posture. Eze Castle Integration refers to three tiers, with Tier 0 representing the most basic must-have protections. The next level up, Tier 1, is a standard framework that builds on the basics of Tier 0 and incorporates additional enhanced features and employee
Linedata is launching a new version of its fund accounting platform, Linedata Mfact 11.3, streamlining and automating key operational processes to deliver increased efficiency for users.
Linedata’s leading global fund accounting platform provides full portfolio and general ledger support for all fund types, including mutual funds, hedge funds, trusts, pension funds and separately managed accounts, for use by fund sponsors, investment managers and third-party administrators alike. Mfact caters for multi-currency, multi-share class, multi-manager and multi-tiered fund structures and fully automates the NAV production process.
This latest update offers enhancements in the following areas: bank debt – special logic to
By George Ralph, RFA – A global cybersecurity company recently commissioned the Ponemon Institute to conduct a survey to inform a study on cybersecurity global megatrends in 2018. The results, while not surprising, are incredibly interesting and echo the messages that RFA has been giving to my clients for the past three years.
The report outlines the issues that respondents believe will become megatrends in the coming year and start with the belief that unsecured IoT devices are very likely to be the cause of a data breach. The rate at which new technology is entering into the mainstream, and
Founded in 2004, Fulcrum Asset Management is a multi-asset fund manager with assets under management of USD6.1 billion and a team of over 70 people that includes economists, asset class specialists and systematic researchers.
Paul Seaton, director, North America, has been with the firm since inception and took up his role in expanding the firm into North America in 2016. There is now a team of four in the US with three in New York and one in Chicago.
Seaton says: “The mission was to grow our US client base as what we do across our range of discretionary
Ampersand Portfolio Solutions has published the third part of its white paper entitled The Risk Contribution of Stocks.
The firm writes that part three provides a path for mitigating the significant risk of over allocating to stocks as identified in its prior white paper, The Risk Contribution of Stocks, Parts 1 &2. In the new and final instalment of the three-part series, Ampersand introduces a way to diversify beyond stocks and bonds without having to sell the stock/bond portfolio holdings.
The firm writes that its white paper clearly illustrates the riskiness of a 60/40 stock/bond portfolio, showing that
Envestnet | PMC, the Portfolio Management Consultants group of Envestnet, has launched three new Impact QPs. The entire suite of QPs recently surpassed USD1 billion in total assets under management.
The Impact Small Cap Core Portfolio-ESG, Impact International ADR Portfolio-ESG, and Impact Emerging Markets ADR Portfolio-ESG are constructed by PMC’s Quantitative Research Group (QRG) using environmental, social, and governance (ESG) company data from Sustainalytics, an independent global provider of ESG research and ratings.
“Our QP products provide cost-efficient, transparent access to high-sustainability securities across multiple asset classes, and can be tailored to an investor’s goals and preferences using a
