Latest News
Options, a provider of global market data and co-location services for trading firms, has launched direct access to the NYSE Integrated Feed.
The new service will be available to clients leveraging Option’s ultra-low latent connectivity and managed colocation platform in Mahwah, Carteret, NY4 and NJ2.
The NYSE Integrated Feed (v2.1) provides a comprehensive order-by-order view of events in the equities market. The single, high performance data feed integrates orders and trades in sequence for NYSE, NYSE American and NYSE Arca markets, providing a more deterministic and transparent view of the order book and related activity. The direct market data feed
Align, a provider of technology infrastructure solutions, is expanding its presence in the Dallas/Ft Worth area, driven by millions of dollars of new data centre projects from a growing Texas client base.
The company’s presence in this key market reflects the growing demand for its full suite of data centre solutions including site selection, white space design and infrastructure fit-out, IT moves and application migrations, and managed service offerings. The company also secured new office space in Legacy West to support this activity and is hiring additional SME professionals to capitalise on extensive growth in the 2nd largest data centre
Singapore-based, long-term value hedge fund manager QQQ Capital is to use Eze Investment Suite to automate its operations.
QQQ Capital will be launching the QQQ Capital Feeder Fund, a USD100 million fund focused on technology, education and tourism, in early 2018, and will use Eze Investment Suite to help streamline its front-to-back investment workflows.
As a fundamental long-short equity hedge fund, QQQ Capital required a robust automated risk management approach to monitor and comply with regulations, stock restrictions, limits on equity weights and investor guidelines. Eze Investment Suite will support pre-trade and post-trade risk management and compliance, performance and
Inverdale Capital Management (Inverdale), an asset manager focused on alternative investments, has announced a strategic partnership with Ballast Asset Management (Ballast).
Ballast, founded in 2015 and led by Portfolio Manager Ragen Stienke (pictured), pursues a value-oriented, long-only strategy focused on investments in publicly-traded small and mid-cap equities. Prior to founding Ballast, Stienke served as Senior Portfolio Manager for Westwood Management’s SMidCap Equity strategy. Stienke and his team will join Inverdale and operate as a wholly-owned independent subsidiary.
“We are excited to partner with Ragen in scaling his strategy,” says Ryan Small, managing partner of Inverdale. “We have tremendous confidence
TABB Group, an international research and consulting firm focused exclusively on capital markets, has released its first monthly report tracking liquidity in European equity markets.
The new report, named the European Equities LiquidityMatrix, provides trading and investment firms with an independent and consolidated view of market share trends across all major European equity venues and execution channels, including lit and dark venues, Systematic Internalisers (SIs), periodic auction books and Large in Scale (LiS) venues.
MiFID II is expected to dramatically shift liquidity in equity markets, with a new share trading obligation banning broker crossing networks, and the introduction of
DTCC has announced the completion of the first cleared collateral provider sponsored repo transactions by State Street Bank and Trust and funds managed by Capula Investment Management LLP.
This marks a significant step in furthering buyside participation in CCP clearing and bringing greater risk mitigation to the repo market. Although DTCC’s subsidiary Fixed Income Clearing Corporation (FICC) has operated its Sponsored DVP Repo Service since 2005, it only expanded participation in this service beyond Registered Investment Companies (RICs) in May 2017. Since then, this service has seen volumes double previous peaks. Historically, the involvement of cash providers has brought only
Transaction Network Services (TNS) has expanded its Managed Hosting, Co-Location and Connectivity Service to New York and Chicago.
TNS’ new solution, already launched in Europe and Asia, provides efficient and cost-effective managed hosting in remote data centre locations on behalf of financial market participants and providers. The service allows them to enjoy the benefits of proximity co-location, such as ultra-low latency exchange access and client cross connects without the high cost and complexity of researching, procuring, installing and managing trading infrastructure themselves.
Tom Lazenga (pictured), Vice President of Sales for TNS’ Financial Services Division, says: “New York and Chicago
With the global financial crisis of 2008 now a decade in the past, much has changed in terms of how offshore private funds are governed and monitored. The highly publicised Weavering case in 2009 brought the role of fund directorships into sharp focus, specifically the lack of robust independent oversight.
Exchange Data International (EDI) is the latest provider to join the QuantHouse API Ecosystem.
EDI is a provider of data reference services whose content includes worldwide equity and fixed income corporate actions, dividends, static reference data, closing prices and shares outstanding, delivered via data feeds and the Internet.
By integrating to the QuantHouse API, firms can access EDI’s securities reference data and end of day pricing services designed to enhance a quant’s trading decisions. Data coming into the ecosystem is normalised which ensures that services can be rapidly and widely distributed to the ever-expanding QuantHouse ecosystem community. QuantHouse’s API-enabled
Seasoned fund administration professional, Chris Meader (pictured), has launched the North American Fund Administration Association (NAFAA) which will aim to define, promote and encourage collaboration for best practices in the industry.
Meader’s previous roles include Vice President of JPMorgan Hedge Fund Services and Senior Vice President of Citi Hedge Fund Services, while he was most recently Senior Managing Director at State Street’s Alternative Investment Solutions.
NAFAA will look to address the requirements and goals of investors and allocators, generate a useful and progressive dialogue with regulators and ultimately enhance and improve both the reputation and understanding of the North
