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Options, a provider of global market data and colocation services for trading firms, has launched a high performance managed colocation solution at Nasdaq Stockholm.
The new service will enable colocated clients to avail of low latency connectivity to the exchange’s Nordic feeds directly at source at its Vasby data centre.
Nasdaq Nordic owns and operates exchanges in Denmark, Finland, Iceland, Sweden and Norway. All regions are served from its primary trading data center in Stockholm.
With the availability of Nasdaq Stockholm, the Options platform today offers colocation services at 20 key trading hubs across Europe, North America and
The SS&C GlobeOp Forward Redemption Indicator for February 2018 measured 2.71 per cent, up from 2.20 per cent in January.
“SS&C GlobeOp’s Forward Redemption Indicator for February 2018 was 2.71 per cent, reflecting improvement from the 3.25 per cent reported for the same period a year ago for February of 2017. This marks the 13th consecutive month of year-over-year improvement in redemption notices,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “In fact, the 2.71 per cent reported for February 2018 is the lowest rate of redemption notices for any calendar month of February since the inception of
Independent hedge fund administration specialist Custom House Global Fund Services has appointed David Barry as Chief Operations Officer (COO) responsible for the oversight and management of Custom House’s global administration team.
Barry (pictured), will split his time between the group’s Dublin and Malta offices.
“We are delighted to welcome David back to Custom House. We look to his experience in the alternative asset space to ensure the firm’s continuous commitment to offering best-in-class service to our clients as a leading independent fund administrator,” says Helen Breen, CFO of Custom House. “David will oversee our global operating model and is
Mark Shore has joined Coquest Advisors as Director of Educational Research. Shore will be responsible for developing educational materials, workshops and webinars as well as aid in client outreach to help investors, wealth advisors and other industry participants learn about managed futures.
As a futures industry ambassador, he’ll also work to increase visibility of the Coquest Advisors brand. Shore is an adjunct professor at DePaul University’s Kellstadt Graduate School of Business and has a multi-decade background in research and trading in the derivatives business.
“Mark brings gravitas to this position having lived and breathed derivatives research and trading for
For the first time since December 2014, the proportion of investors who plan to decrease their exposure to hedge funds does not outweigh the proportion intending to increase their exposure.
That’s according to research by Preqi,n which reveals that the largest proportion of investors since December 2013 (27 per cent) are planning to increase their allocations to the asset class in 2018, and almost half (46 per cent) are planning to maintain them over the next 12 months.
This may be due to widespread sentiment that the public equity markets may correct in the year ahead: 45 per cent
Active asset manager J O Hambro Capital Management (JOHCM) has selected FactSet as its investment risk management and reporting solution.
FactSet has been expanding its multi-asset class solutions for more than 20 years. With the recent launch of FactSet’s linear risk model and the integration of the fat tail approach acquired through the recent acquisition of BISAM, it now believes it has one of the strongest multi-asset class analytics, performance, and risk management offerings in the industry.
“JOHCM chose FactSet’s multi-asset class risk package because it provides a comprehensive, flexible, and competitively-priced way to monitor factor sensitivity in portfolios
SYZ Asset Management (SYZ AM) has expanded its offering of quantitative solutions through the launch of OYSTER Equity Premia Global.
This new offering builds on the strong success of the OYSTER Market Neutral Europe fund and will similarly seek to deliver alpha-rich returns while aiming to maintain a near zero equity beta over time. In order to support initial asset growth and reward early investors, a one-year discount of 50 per cent on the management fees will be offered.
While investing in equity premia is nothing new, the approach taken by SYZ AM to ‘harvest’ inefficiencies in equity markets
LUX Fund Technology and Solutions (LUX FTS), a business and technology solutions provider for the alternative asset industry, has hired Christopher Bloechle as chief technology officer. The company has also promoted founding partner, Mark Christine, to Chief Innovation Officer.
“We are delighted to welcome Chris as he brings his expertise, having worked at one of the largest global hedge funds,” says Nik Takmopoulos (pictured), Chief Executive Officer and Founding Partner of LUX FTS. “Serving the day-to-day needs of clients, Chris’ institutional knowledge will help the company to better serve larger funds as well as allow us to scale the Transcend
The Securities and Exchange Commission has charged a former bitcoin-denominated platform and its operator with operating an unregistered securities exchange and defrauding users.
The SEC has also charged the operator with making false and misleading statements in connection with an unregistered offering of securities.
The SEC alleges that BitFunder and its founder Jon E Montroll operated BitFunder as an unregistered online securities exchange and defrauded exchange users by misappropriating their bitcoins and failing to disclose a cyberattack on BitFunder’s system that resulted in the theft of more than 6,000 bitcoins. The SEC also alleges that Montroll sold unregistered securities
SmartStream Technologies, a financial Transaction Lifecycle Management (TLM) solutions provider, has appointed Vincent Kilcoyne as head of product management and promoted Christian Schiebl to Chief Operating Officer (COO).
Kilcoyne will be responsible for the management of all product lifecycles from inception to delivery. He brings over 30 years of industry experience in leading and advising financial and technology organisations. He started his career as an analyst programmer for the Bank of Ireland, before spending a number of years designing and implementing a variety of retail banking, trading and equity settlement systems for Anglo Irish Bankcorp.
Prior to joining SmartStream, Kilcoyne has held
