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The Commodity Futures Trading Commission (CFTC) has issued an Order of Registration to ICE Futures Singapore Pte Ltd (ICEFS), a Foreign Board of Trade (FBOT) located in Singapore.
Under the Order, ICEFS is permitted to provide its identified members or other participants located in the US with direct access to its electronic order entry and trade matching system.
The ICEFS application for registration included representations that its regulatory regime under its regulator, the Monetary Authority of Singapore (MAS), satisfies the requirements for registration under CFTC regulations. After reviewing the FBOT’s application, the CFTC determined that ICEFS has demonstrated its ability
REYL & Cie Ltd (REYL) has appointed Ante Razmilovic to head its new Structured Finance business to be run from its London office and part of the Corporate Advisory & Structuring business line.
Based in REYL’s London office Razmilovic brings 25 years of experience from Goldman Sachs and Credit Suisse in the structured and secured finance arena. Most recently Razmilovic worked at Goldman Sachs in London and Hong Kong, as Managing Director. After first joining Goldman Sachs in 1997, Razmilovic held a number of roles, including various responsibilities in structured finance in Europe and the Middle East. He has also
CLS, a market infrastructure group delivering settlement, processing and data solutions, is releasing a new foreign exchange (FX) forecast data report as part of its comprehensive suite of data products.
CLS’s FX Forecast data will provide subscribers with a forward looking view of FX markets on an hourly basis, enabling them to quickly detect potential price movements and identify times to trade with greater liquidity, reducing market impact and signalling risk. In addition, CLS’s FX Forecast data offers significant benefits to risk and compliance teams, enabling market participants to better predict volume and rate changes, which can help inform their
Man AHL, Man Group’s diversified quantitative investment manager, has opened applications for its 2018 hackathon in April, consisting of 24 hours of coding aimed at contributing to the Python data science ecosystem.
Users of the Python programming language benefit from the efforts of thousands of developers across the world, including Man AHL developers who have open-sourced projects such as Arctic and Pybloqs. The hackathon has been designed to contribute to this ecosystem, with participants exploring and improving the platform, and giving back to the open-source community. During the hackathon, Man AHL will support and mentor participants as they make their
PitchBook, a data provider for the private and public equity markets, has released a proprietary framework designed to help retail and institutional investors assess the long-term value proposition of blockchain protocols.
Until now, no other reputable institution has successfully defined the standard factors driving long-term value creation for blockchain protocols. Investors are left with a limited understanding of how to evaluate the viability of a crypto-asset investment – an asset class plagued by high levels of price volatility and uncertainty. PitchBook believes the crypto-asset class has the same risk profile as early stage venture investments and should be evaluated in
Hedge funds were off to a good start in the first month of 2018, with the Eurekahedge Hedge Fund Index up 2.26 per cent in January. Among volatility-focused hedge funds though, short volatility hedge funds posted the worst performance in January 2018, down 3.30 per cent, their biggest loss since August 2015.
Long volatility and relative value hedge funds meanwhile, gained a modest 0.01 per cent and 0.16 per cent over the same period.
Underlying markets as represented by the MSCI AC World Index (Local) gained 3.78 per cent over the same period.
As the global risk on
The Lyxor CTA index underperformed last week, losing 3.9 per cent, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. But several managers had already started to cut leverage ahead of last week’s market turmoil and managed to limit losses.
The performance of a sample ranges from -2 per cent to -15 per cent since early February. Most funds are now in negative territory YTD. L/S Equity funds also suffered a 2.2 per cent drawdown last week.
Lyxor writes: “On a positive note, merger arbitrage fared very well and matched expectations regarding their ability to deliver
Ares Management has appointed Myles Gilbert (pictured), former Managing Director at Cambridge Associates and Co-Chairman of its Credit Investment Committee, as Partner, Head of Investor Strategy & Solutions.
In this newly formed position, he will oversee a team of professionals within the Ares Strategy & Relationship Management Group. He is charged with supporting new product development, coordinating cross-platform mandates and overseeing consultant strategy.
Mike Arougheti, Co-Founder, Chief Executive Officer and President, says: “There has been a notable uptick in the number of large investors looking to develop significant strategic mandates across our platform – which I believe speaks to
There has been a 65 per cent jump in the number of firms referred to the Regulatory Decisions Committee, suggesting an acceleration in FCA investigations, according to Cleveland & Co, the boutique legal advisory business.
Information provided to Cleveland & Co by the FCA shows there were 476 firms in 2017 that were referred to the Regulatory Decisions Committee (RDC) in 2017, a significant rise from the 289 in 2016.
The RDC makes certain decisions on behalf of the FCA relating to enforcement and supervisory actions for firms, as well as firm authorisations. The RDC is the final stage
General partners (GPs) in the alternative investment industry now have a single app that combines CRM tailored for capital raising and investor relations with global institutional investor intelligence.
advinda Investor Cloud’s new capital raising app includes contacts for limited partner (LP) decision makers, segmented by region and investor type.
“Thousands of GPs in the alternatives industry still use spreadsheets to keep track of communications with potential investors,” says Eva March (pictured), CEO at advinda. “This is highly inefficient, non-collaborative, and frankly, there is a better way. advinda now gives these GPs the opportunity to make their capital raising easier,
