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Plato Partnership, a not-for-profit company aimed at providing solutions and efficiencies to the equity marketplace, has partnered with Tradeweb Markets, a provider of fixed income, derivatives and ETF marketplaces, to deliver Tradeweb Plato ‘eBlock’.
The Tradeweb Plato eBlock allows participants to source and aggregate broker principal risk liquidity, addressing buy-side concerns over market fragmentation, providing the buy-side with direct control over their execution and offering both the buy- and sell-side the opportunity to match, negotiate and execute with ease and certainty on a regulated venue. The eBlock platform will leverage innovative ‘blotter scraping’ technology, providing buy-side traders with the insight
A new report assessing the market impact from expanding liquefied natural gas (LNG) trade and exports has been released by the US Commodity Futures Trading Commission (CFTC).
In 2016, the US transitioned from being a net importer to a net exporter of LNG. In aggregate, US LNG export plants in operation and under construction have a capacity of 10 Bcf/day, which is about 13 per cent of current US dry production. The report synthesises public source evaluations of the impact of LNG market changes. The report attempts to summarise key factors and how the LNG market outlook has evolved; it
With the first deadline of RTS 27 reports quickly approaching, Cappitech Regulation, a provider of regulation technology for the financial services industry has launched a solution to support the new regulation standard.
The new product grows Cappitech’s MiFID II suite of offerings that already includes Transaction Reporting, Trade Reporting to an APA and Best Execution monitoring.
Cappitech’s RTS 27 solution is powered by Capptivate, a scalable cross-regulation reporting platform that can be customised to handle inputs of diverse file formats and outputs of numerous regulatory reports.
Part of Article 27 of the MiFID II framework that governs Best
Singularity-X, a new professional digital asset exchange, has started live trading the most popular cryptocurrencies – BTC, LTC, ETH, and DASH, with both crypto/crypto and crypto/fiat trading available and trade pairs available in USD and EUR.
Additional cryptocurrencies and tokens will be gradually added to the exchange, which is headquartered in the European Union. Clients wanting to trade a crypto/fiat pair will undergo the standard KYC/AML procedure. Singularity-X is now using Thomson Reuters World-Check Risk Intelligence to help meet due diligence obligations, including requirements under KYC and AML legislation.
Initial information and details regarding the exchange were presented in
The Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) has granted relief to non-US counterparties who enter into swaps with International Financial Institutions (IFIs), such as development banks.
“International financial institutions like the International Monetary Fund and North American Development Bank play a vital role in the global community by promoting infrastructure projects, encouraging employment, and reducing poverty,” says DSIO Division Director Matt Kulkin. “DSIO is providing relief so that these entities can more easily access over-the-counter derivatives markets to hedge risk associated with financing projects in developing countries in order to promote global economic growth.”
SANNE has appointed Tracy Burns as Director of Global Operations. Based at SANNE’s headquarters in Jersey, Burns will be responsible for leading the development and rollout of SANNE’s operations, helping to support the business with its fast growth and creation of global operational centres of excellence.
This appointment also sees Tracy becoming a member of the Groups Services leadership team led by Eric Watson, SANNE’s Chief Operating Officer.
Prior to joining SANNE, Burns was Chief Administrative Officer at RBSI, where she gained significant experience in leading specialist and large-scale operational teams including payments, change management, property services and AML
The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.23 per cent gain in April. Year to date, the Index is down 1.42 per cent.
“New US sanctions targeting Russian oligarchs pushed aluminium prices to six-year highs, while crude oil prices rose to their highest level in four years after threats of US withdrawal from the Iran nuclear deal stoked fears of increasing Middle East instability,” says Sol Waksman (pictured), founder and president of BarclayHedge.
The Currency Traders Index gained 0.71 per cent in April, Discretionary Traders were up 0.63 per cent, Diversified Traders added
Chinese hedge funds posted three consecutive months of declines through April after surging 5.8 per cent in January and 31.1 per cent in 2017 as the Japanese Yen and Renminbi reversed early 2018 gains and the US Dollar strengthened, according to the latest HFR Asian Hedge Fund Industry Report.
In the first three months of 2018, the HFRI EM: China Index climbed 0.8 per cent, topping the 4.2 per cent decline of the Shanghai Composite Index by over 500 basis points (bps) in Q1 2018. However, the HFRI China Index declined 1.3 per cent in April, bringing the YTD return
Union Bancaire Privée, UBP SA (UBP) is launching a new strategy on its alternative UCITS platform, an equity arbitrage fund launched in partnership with London-based alternative investment manager Cheyne Capital Management (UK).
U Access (IRL) Cheyne Arbitrage UCITS is the fourth addition to UBP’s alternative UCITS platform, which now has close to CHF 700 million in assets under management.
U Access (IRL) Cheyne Arbitrage UCITS is managed by Pierre di Maria, head of Event Driven Strategies at Cheyne Capital, who has more than 18 years of experience in this asset class and an impressive pedigree, having managed significant assets
Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data services, has launched its Canadian Fixed Income Evaluated Pricing service.
EDI currently prices over 30,000 CAD fixed income securities on a daily basis and has already started to deliver Canadian fixed income evaluated prices to some of Canada’s top investment firms. With the addition of the Canadian Fixed Income Evaluated Pricing service the company expands its current offering by including the following fixed income asset classes: CAD Government Bills and Bonds; CAD Government Agencies Bonds; Provincial Government Bills and Bonds; CAD Municipal Bonds; and CAD Corporate
