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Metamako, a provider of intelligent, FPGA-enabled network platforms, is providing its technology to Deutsche Börse Group to increase the accuracy, speed and precision of data capture, network monitoring and timestamping of its co-location network.
Every trade is now monitored by a Metamako device, making it an integral part of the Deutsche Börse infrastructure.
The exchange is deploying Metamako’s K-Series network devices running MetaWatch, an ultra-precise tapping and timestamping application, which gives the exchange unprecedented insight into the customer-facing part of its network. It also gives Deutsche Börse the ability to accurately record and recreate all trading activity to ensure fairer
Broadridge Financial Solutions has launched Broadridge International under the leadership of Tom Carey (pictured), to focus on the EMEA and Asia Pacific regions across all business lines. Carey has also been appointed to serve on Broadridge’s Executive Committee.
“International expansion is a core strategy for Broadridge and this new strategic focus will enhance our long-term commitment to supporting our International and North American clients as we increase our capabilities to deliver more globally integrated solutions to address the challenges clients face today and tomorrow,” says Tim Gokey, President and COO of Broadridge. “Tom has a highly successful track record of building
B2C2, a cryptocurrency market maker, has appointed Phillip Gillespie as CEO of B2C2 Japan. Effective 29 January, Gillespie will lead the company’s operations in Tokyo.
Phillip joins from Goldman Sachs where he oversaw the FX G10 business for EMEA as part of the systematic market making team. Previously, he was an FX voice and systematic trader at Barclays and J.P. Morgan.
“I am very pleased to welcome Phillip as CEO of B2C2 Japan. His expertise in the FX market will be a great asset as we ramp up our business in Japan and the Asia Pacific region more broadly. Having a
The Lyxor Hedge Fund Index was up 2 per cent last week amid a strong economic pulse worldwide, according to the latest Weekly Brief from Lyxor’s Cross Asset Research Team.
Global Macro managers outperformed thanks to their portfolios’ allocations to equities and FX. Their constructive views on EU and Japanese stocks fostered their returns, while short EUR & GBP and long MXN and RUB added to their profits.
CTAs delivered similar returns, boosted by trends in equities and energy. On the negative side, their long EURUSD shaved off part of gains.
L/S Equity funds performed thanks to their
Offering a unique combination of hedge fund like returns in a liquid and regulated form, Alternative UCITS funds continued to increase their popularity with investors in 2017. Total Assets under Management for the industry grew 16 per cent EUR450 billion.
That’s according to the latest Market Overview from LuxHedge which reveals that asset growth was nicely distributed across the different strategies with Equity Hedge Funds attracting 14 per cent and Fixed Income Relative Value funds gaining 17 per cent in assets. The largest asset growth was realised by Global Macro and CTA funds which both advanced 25 per cent in
Conyers Dill & Pearman has launched an innovative Funds eTool – the first of its kind for offshore investment funds.
Ocorian – an independent provider of corporate, alternative investment and private client services – has completed the acquisition of MAS International (MAS), a Luxembourg and Mauritius based provider of fund administration and corporate services.
The acquisition represents a significant milestone in the development of Ocorian’s growing international portfolio of financial services, increasing its presence in Luxembourg to over 80 in-country experts, extending its capability in both regulated and unregulated funds and alternative investments, including AIFMD depositary services and providing a full range of corporate and domiciliation services, including director services and office rental facilities.
Established in 2003, MAS brings
Technology is tearing down the walls to options strategies previously available only to the largest investors, and is helping more investors guard against market risk and take advantage of market opportunities.
That’s according to data released by the Options Clearing Corporation, which reveals that total US exchange-listed options volume topped 4.3 billion contracts in 2017, the third highest on record and up 4 per cent from 2016, according to
“Today’s renewed options market growth reflects a new generation of educated, client-focused financial advisors working with their clients to apply appropriate options strategies across portfolios,” says Eric Metz (pictured), CFA,
Saxo Bank, an online multi-asset trading and investment specialist, has appointed Damian Bunce (pictured), as Chief Client Officer (CCO), effective 19 February 2018. Bunce joins Saxo’s executive team and will report directly to Kim Fournais, CEO and Founder.
In his role, Bunce will assume overall responsibility for the origination, retention and growth of Saxo Bank’s direct and wholesale business and drive growth through its network of worldwide offices.
Bunce joins Saxo with over 25 years of experience in the financial services industry with particular expertise in electronic trading across asset classes gained through his work with a number of global banks in London, New York, Tokyo
The Lyxor Hedge Fund Index was up slightly (+0.3 per cent) in December, with four out of eight Lyxor indices recording positive results.
CTAs finished on strong gains due to high diversification within portfolios. Long allocations to energy, DM equities and their stance on USD (short JPY, long EM FX) provided them with tailwinds.
L/S Equity Neutral managers lagged due to sector rotation and their sensitivity to momentum stocks.
Long materials and energy positions boosted the L/S Equity Variable bias funds in December.
Merger Arbitrage outperformed their peers, fuelled by tightening of M&A deal spreads including Time
