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Cboe Europe Equities (Cboe) is using smart data specialist big xyt’s Liquidity Cockpit, which is designed to give global trading and investment firms enhanced visibility over dark and lit liquidity, and the ability to navigate and analyse European market share across a market landscape in transition.
On 3 January 2018 MiFID II regulations come into force and the major impacts on European market structure will include the imposition of caps on the amount of trading that can take place on dark venues. The market has already started to adapt to these changes as exchanges like Cboe introduce new trading services,
Pricing volatility in currency and energy markets has created a challenging performance environment for CTAs in 2017 so far, according to data released by Preqin.
As at the end of September, the Preqin All-Strategies CTA benchmark has recorded year-to-date losses of 0.04 per cent, compared to gains of 8.04 per cent for the All-Strategies Hedge Fund benchmark. Trend followers, which represent the largest group of CTAs, have lost 1.62 per cent YTD .
In contrast, option writing CTAs, which represent one in 10 active funds, have gained 7.63 per cent through the year so far. Similarly, systematic CTAs have
Joseph Dufresne (a/k/a Joseph James) and Megan Renkow (a/k/a Megan James), and their companies, United Business Servicing, LLC and United Business Servicing, Inc. (collectively United Business) are to pay USD4.9 million to settle CFTC charges regarding a the fraudulent sale of futures trading strategies and systems.
A Consent Order, entered by Judge John A. Kronstadt, US District Judge for the Central District of California, on 22 November, 2017, requires Dufresne, Renkow, and United Business jointly and severally, to pay restitution to defrauded investors totalling USD3,941,157 plus a USD1 million civil monetary penalty.
In addition to the monetary sanctions, the
DMS Governance (DMS) has launched its US Regulatory Compliance services, designed to support US-based investment advisers in improving the quality and increasing the ease of compliance with their regulatory responsibilities.
The DMS’ US Regulatory Compliance services offers expert compliance staff and state-of-the-art technology to investment advisers of hedge and private equity funds, registered mutual funds, exchange-traded funds, and other alternative investment products. DMS is recognised globally for its successful, long-term track record and expertise in governance, risk, and compliance within the investment fund industry.
Wade Boylan, Leader, US Regulatory Compliance Services, says: “Our mission is to partner with US
Thomson Reuters has launched ESG Peer View on its flagship desktop product Eikon, a significant enhancement of its ESG data capabilities that is designed to facilitate more customisable and detailed analysis for socially responsible investing (SRI) and risk analysis.
ESG Peer View enables investment professionals to compare a set of companies or industries by individual or sets of ESG data points, thus allowing for comparative analysis relative to peers. Peer analysis can be done by industry, geography, market capitalisation, or a combination of these. By being able to evaluate a company relative to its peers, financial professionals may gain a deeper
By Stuarts Walker Hersant Humphries – The Anti-Money Laundering Regulations, 2017 (the “Regulations”) were brought into force on 2 October 2017 and replaced the Money Laundering Regulations (2015 Revision) (the “Former Regulations”).
German-based technology provider DIGITEC has released a successor product for its D3 platform, which provides pricing solutions for FX and MM trading businesses.
DIGITEC has been working closely with major banks globally to define needs and requirements for the D3 evolution. After several years of product development with the challenging objective to improve the user interface and performance, the new D3 is now ready for operation globally.
“Our new D3 application has been built from scratch and combines the best of both worlds; market know-how and software expertise. We cumulate the know-how of not just one bank, but many
Harvest Capital Strategies, the asset management subsidiary of investment banking and alternative asset management firm JMP Group, has made a minority investment in Astor Investment Management, a Chicago-based registered investment advisor with USD1.9 billion of assets under management.
Astor’s approach to asset allocation is driven by macroeconomic theory, utilising a broad range of asset classes with low correlation to the broader market. The firm offers its products through a variety of channels, including mutual funds, separately managed accounts and universal managed accounts.
“We are very optimistic about our long-term partnership with the team at Astor,” says KC Lynch, president
A survey of RIAs with assets under management of USD500 million or more by alternative investment solutions provider PPB Capital Partners has found that holdings of alternative investments in client portfolios are likely to increase over the next 12 months.
The firm conducted the survey to gain clarity on the direction of alternatives among RIAs, and to provide insights to RIAs for whom alternative investments are an emerging part of their business.
Some 45 per cent of survey respondents said they expect the alternative investment asset allocation in clients’ portfolios to increase, while 47 per cent said they expect
Key findings from Swiss exchange SIX’s survey of Traders include the fact that 88 per cent of traders have seen a shift from active towards passive investing and 72 per cent expect the level of passive investing to rise further next year.
The exchange says that cost pressures and increased regulation continue to fuel the rise of passive investing. More than 85 per cent of traders expect a rise in passive investing could provoke change in global markets, but only 40 per cent see this development as positive for their companies.
Regulation, such as MiFID II, will be by far
