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QuantHouse, an independent global provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure solutions, has launched a trade and book updates synchronisation feature in response to client requirements.
The new trade and book updates synchronisation feature is focused primarily on feeds from derivatives exchanges and is currently live for EUREX, CME and ICE feeds. It allows clients to reconcile trades and book updates when consuming data in real-time, or when working with historical data. The new feature is available on QuantFEED and ConsolidatedFEED.
QuantFEED is an ultra-low latency fully managed solution designed to
The European Energy Exchange (EEX) is to expand trading in dairy products with a Liquid Milk Future, on 15 August 2018, becoming the first exchange in Europe to offer such a product in the process.
So far, EEX offers trading with futures on butter, skimmed milk powder and whey powder.
The contract volume is 25,000 kilogrammes. For the financial settlement of the new product EEX uses the “EEX European Liquid Milk Index”. This index is equally composed of milk prices from Germany, the Netherlands, Denmark and Ireland. The prices are based on the European Commission’s “Milk Market Observatory” in
The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.34 per cent loss in March. Year to date, the Index is down 1.71 per cent.
“Concerns of a US/China trade war and a data hacking scandal at Facebook helped fuel a second month of declines in global equities and a flight to quality that drove fixed income yields lower,” says Sol Waksman (pictured), founder and president of BarclayHedge.
The Financials and Metals Traders Index was down 0.71 per cent in March, Diversified Traders lost 0.55 per cent, and Systematic Traders gave up 0.50 per cent.
Dash Financial Technologies, a provider of multi-asset trading technology and execution services platforms, has appointed Jamie Bogen as Managing Director, Execution Services.
In this role she will be responsible for helping advance the firm’s institutional business development strategy across the buy side and further enhance Dash’s consultancy-led approach to execution customisation, workflow and analytics/visualisation.
Jamie (pictured), brings over 25 years’ experience in the capital markets, working on both the buy and sell side. She joins from Bloomberg Tradebook, where she spent nine years, most recently serving as a senior client relationship manager. Prior to Tradebook she spent over twenty
Neudata has secured a new USD600,000 round of financing from a consortium of investors which includes all of the firm’s previous investors, as well as new investors, including the founder of a hedge fund research and data business.
Dr Robert Benson, investor, says: “I’m delighted to follow on my investment in Neudata, Neudata has developed at a rapid rate over the last 18 months, carving out its leading position within the alternative data space. This new investment round will enable the company to continue developing its well-respected existing product offerings, while creating important new services.”
Rado Lipuš (pictured), Founder
Hedge funds were down 0.13 per cent at the end of Q1 2018 – their worst quarterly showing since Q1 2016, according to the April 2018 Eurekahedge Report.
Industry assets meanwhile expanded by USD31.1 billion over the quarter, largely on account of investor subscriptions which stand at USD31.8 billion since the start of 2018.
The USD256.0 billion CTA/managed futures mandated hedge fund industry has seen its asset base contract by USD13.5 billion year-to-date, with managers witnessing the highest performance-based losses of USD12.6 billion among strategic mandates for Q1 2018, while investor redemptions stood at USD0.9 billion over the same
Stroock has added to its Private Funds Group with the appointment of Michael Emanuel as a partner in the firm’s New York office.
Emanuel (pictured), has served as senior regulatory and compliance counsel at both big banks and leading investment management firms. He joins as a partner in the firm’s New York office.
Emanuel joins from Eagle Investment Solutions, a Princeton, NJ-based asset management firm, where he served as general counsel, chief compliance officer, and co-chief operating officer. Previously he served as regulatory and compliance counsel for other major investment managers, including Harbinger Capital Partners, Loeb Partners Corp. and State Street
SS&C Technologies Holdings, a provider of financial services software and software-enabled services, has completed the acquisition of DST Systems, a global strategic advisory, technology, and operations outsourcing company.
The addition of DST’s financial services and healthcare businesses provides SS&C with additional scale and breadth across institutional, alternative, wealth management and healthcare segments. SS&C will manage approximately 13,000 global clients and delivered pro forma 2017 revenue of approximately USD3.9 billion.
“We are pleased to move forward as one company following the combination of two highly complementary market leaders,” says Bill Stone (pictured), Chairman and Chief Executive Officer of SS&C. “Our
The SmartStream Reference Data Utility (RDU) has appointed Eric Bigelsen as Senior Vice President, Sales for the Americas.
In his role, Bigelsen (pictured), will be leading the sales and business development efforts for The SmartStream Reference Data Utility (RDU) initiative for banks, broker/dealers, asset managers, hedge funds and trading companies.
Bigelsen has over 25 years of experience building successful businesses in the financial services industry. He has worked in leading companies in data, analytics, research, ratings, compliance and technology solutions. During his career, he has served as Senior Vice President at Moody’s Investors Service, Senior Vice President at Moody’s
Saxo Capital Markets Australia has launched SaxoTraderPRO, a new platform for professional active traders and institutional investors.
SaxoTraderPRO was built leveraging Saxo’s unparalleled global markets access, offering private and institutional clients over 35,000 financial instruments across all asset classes, including ETFs, Stocks, Bonds, CFDs, Forex, Futures and Options, all from a single account.
The new platform is an advanced multi-screen desktop trading solution, offering a fully customisable workspace for both Windows and Mac with no monthly fees.
Specially developed for professional active traders, SaxoTraderPRO is set to replace the current SaxoTrader platform, while SaxoTraderGO, launched in 2015, continues
