Latest News
TraderTools, a fintech firm providing FX market participants innovative solutions for liquidity access and distribution through its Unique Liquidity Network (ULN), has completed migrating all of its customers to the Abacus Private Cloud, leveraging Abacus tier-3 data centres in both the UK and the US.
Abacus Group is a provider of hosted IT solutions and application hosting for alternative investment firms and financial services software providers.
The TraderTools ULN provides a single point of access to aggregated liquidity from a diverse pool in G-7 and emerging market currencies. TraderTools helps clients tap into effective credit solutions that brings speed to market,
The Depository Trust & Clearing Corporation (DTCC) has appointed Timothy Lind, former Global Head of Financial Regulatory Solutions at Thomson Reuters, as Managing Director of DTCC Data Services.
Lind (pictured), will be responsible for guiding the firm’s data businesses, including services that leverage the vast amounts of data derived from DTCC’s global processing platforms while ensuring on-going alignment with all risk management and regulatory requirements.
Lind is an industry veteran with deep expertise in global capital markets infrastructure, including the deployment of technology for operational efficiency, data governance, transaction automation, regulatory compliance and risk management. Prior to DTCC, he
J8 Capital Management has launched the UI-J8 Global Absolute Return UCITS Fund, opening up the firm’s systematic investment strategy to an institutional as well as retail audience.
The fund is now open for subscriptions and scheduled to launch on 28 February 2018. The founder share class, which features discounted management and performance fees, will be closed after launch.
Dr Tillmann Sachs (pictured), Chief Investment Officer and Founder of J8, says: “We are delighted to launch a Luxembourg UCITS fund based on our profitable J8 Global Absolute Return Strategy and equally thrilled to be able to open systematic global absolute
Benedict O Kwon (pictured), has joined the Orange County office of Sheppard, Mullin, Richter & Hampton as a partner in the firm’s Corporate practice group, focusing on fund formation and taxation. Kwon joins Sheppard Mullin from Stradling.
“Ben is a terrific addition to the firm. He brings a significant level of fund formation and tax expertise to our growing fund formation practice and overall Corporate practice group,” says Jon W Newby, vice chairman of Sheppard Mullin.
Kwon’s practice focuses on private equity fund and hedge fund formation and structuring, as well as domestic and cross-border mergers and acquisitions. He
TradeStation International, the London-based, United Kingdom subsidiary of TradeStation Group, has teamed with Interactive Brokers (UK), an affiliate of the Interactive Brokers Group (IBKR), to offer a TradeStation Global platform and brokerage account with the ability to trade markets across the globe.
This new TradeStation Global product combines the TradeStation trading analysis platform – including a wide range of TradeStation premium features such as the RadarScreen market monitoring and ranking tool, a market depth tool and the fully customisable TradeStation Charting package – with Interactive Brokers’ multi-currency global account, execution, clearing and settlement capabilities and very low margin rates.
Qualified
LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has reported record results across all sales and client growth metrics the firm tracks for 2017.
The growth was fuelled by exceptionally strong demand globally for its industry-leading POEMS (portfolio, order and execution management system) platform, which provides considerable cost, management and functionality benefits versus the legacy platforms many investment managers currently employ.
Overall the firm’s global client base grew by nearly 25 per cent in 2017. This included 10 new client wins in the fourth quarter alone, half of which were multi-billion AUM funds. Much of the
Aquis Technologies, the financial and regulatory technologies services arm of Aquis Exchange, has launched Aquis Market Gateway (AMG), its new connectivity hub.
AMG is designed to enable Systematic Internalisers (SIs) and Counterparties to connect bilaterally, via a normalised application programming interface (API). The relationship between SIs and their Counterparties, such as brokers and vendors, via the AMG is entirely and strictly bilateral and thus in line with the new MiFID II stipulations. Aquis Technologies has already agreements with 10 firms to use the AMG.
Aquis Technologies creates and licenses cost-effective, high volume, low latency trading platforms and real- time
By Olivia Munro – In today’s changing regulatory and investor landscape, Information Security Plans are critical for hedge funds and investment management firms to comply with SEC regulations, due diligence requests and state laws. In our recent webinar, we had our in-house information security experts weigh in on Information Security Plans: what they are, why they are important, and the nine steps your firm can take to create one.
What is an Information Security Plan and Why Have One?
An information Security plan can take on many forms, but generally it is a collection of policies and procedures around your information and
EEX Group recorded significant increases in trading volumes on the natural gas, emissions and agricultural markets in 2017. Volumes also increased on the power spot markets while the power derivatives markets showed a year-on year decrease.
“While the power market was driven by major regulatory uncertainty in 2017, the combination of a defined diversification strategy in conjunction with strong innovative solutions has resulted in impressive results in all business segments except power derivatives which in turn, enables us to continue along our growth path,” says Peter Reitz (pictured), Chief Executive Officer of EEX.
In total, a volume of 3,760.7
Saxo Bank has announced the launch of the Essential account – a price competitive solution for entry-level traders.
The new account type has launched in the UAE and UK and will be followed by a roll out in Australia and Singapore during the first months of 2018. In the selected markets trading accounts for individuals will consist of Essential, Classic, Platinum and VIP allowing Saxo to cater for all size and types of client.
The Essential account will offer access to four asset classes; FX, index CFDs, stocks and bonds. Clients will be able to access Saxo’s full range
