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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.
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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
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
