Latest News
Charles River Development has formalised a partnership agreement with TRADEcho to automate Trade reporting under the European Union’s Markets in Financial Directive II (MiFID II), which goes into effect in January of 2018.
Under the partnership, firms with the Charles River Investment Management Solution (Charles River IMS) are able to use TRADEcho as an Approved Publication Arrangement (APA) to report trades to the public and access TRADEcho’s unique Smart Report Router (SRR) to determine trade reporting eligibility.
TRADEcho’s SRR helps firms determine if a trade report is required. Where there is a requirement to report, the SRR sends
Boutique alternative investment consultant Atrato Advisors has hired Julie Mauser (pictured), to lead the firm’s business development efforts.
Mauser had previously been Vice President of Marketing at Par Four Investment Management, a credit-focused hedge fund. Prior to joining Par Four, she was a member of the Capital Introduction team at Jefferies & Company.
Atrato, led by partners Brian Reich and Janna Sobolev, has added capabilities in private credit over the past year, and has been increasingly busy in the private equity space as it advises its family office and institutional clients.
“We’re extremely excited to have Julie join our
Coinsilium Group Limited (NEX: COIN), an investor financing and managing the development of early-stage blockchain technology companies, has formed Terrastream, a wholly-owned subsidiary which is aiming to build an enterprise standard blockchain-powered platform for the generation of token-based alternative funding solutions.
The Platform will be designed to work in compliance with Gibraltar’s proposed forthcoming Distributed Ledger Technology (DLT) Regulatory Framework.
Terrastream will provide alternative funding solutions across multiple industry sectors, including precious metals and natural resources extractive industries. Development of the platform is to be funded by current cash reserves and non-dilutive token sale.
Gibraltar is expected to
Muzinich & Co has expanded the responsibilities of Josh Hughes (pictured), formerly Managing Director of Marketing and Client Relations, promoting him to Head of Global Distribution with a focus on key international accounts.
Hughes will co-ordinate with the firm’s regional European offices to support and develop business with the company’s leading partners. He will also continue to maintain his UK and regional responsibilities as well nurturing his ongoing close relationships with many of the firm’s longstanding clients.
“This is an important development in the strategic growth of Muzinich,” says Hughes. “I’m looking forward to strengthening our client relationships and
The Rohatyn Group (TRG), a specialised asset management firm focused on emerging markets, has hired former Caravel Flagship Fund portfolio manager Beidi Gu, who will be based in New York and lead TRG’s public equity investment strategies in beyond-BRIC emerging and frontier markets.
TRG CEO Nick Rohatyn, says: “Beidi’s investment approach, which targets overlooked, underresearched markets and companies, aligns well with TRG’s emphasis on investment strategies that seek to capitalise on structural inefficiency and special opportunity. The robust growth fundamentals and strong potential to add alpha through fundamental analysis and active management make beyond-BRIC equities an exceptionally compelling investment opportunity.
Jersey Finance has appointed Amy Bryant as Deputy Chief Executive Officer (DCEO).
In taking on her new role, which also sees her being appointed to the Board of Jersey Finance, Bryant (pictured), will extend her existing responsibilities as Chief Operating Officer (COO) and Head of Strategic Projects for Jersey Finance to include CEO deputising responsibilities across the entire organisation.
Having joined Jersey Finance in 2011, Bryant, who was born in Jersey, has been COO since 2014 and also leads its Strategic Projects function, which undertakes initiatives to help develop aspects of the finance industry.
Prior to that, she
Quantitative hedge fund Taaffeite Capital Management (Taaffeite) has appointed Ronald Raymond as Chief Operating Officer.
Raymond is a 21-year veteran in the asset management industry with extensive experience in hedge fund operations and compliance. Raymond will oversee Taaffeite’s operating units and capital markets execution.
“Allocators are increasing their investments into quantitative asset managers like Taaffeite who can demonstrate a unique edge and ability to generate consistent uncorrelated returns over an extended period of time,” says Dr Desmond Lun (pictured), Chief Executive Officer of Taaffeite. “Ronald’s impressive experience in building financial and operational infrastructure will be an important component in
CloudQuant, a trading strategy incubator, has launched its crowd research platform by licensing and allocating USD15 million (USD) to a trading algorithm. The algorithm licensor will receive a direct share of the strategy’s monthly net trading profits.
The crowd researcher leveraged CloudQuant’s free market simulation and python data science tools to build an effective trading strategy. The strategy began trading immediately upon approval of the licensing agreement.
“We are excited to launch CloudQuant. The launch represents the first significant funding of a crowd-based quantitative analyst thereby proving the opportunity for independent data scientists and market enthusiast to join the
Nasdaq is now offering proprietary US equity feeds from Equinix’s London International Business Exchange (IBX) data centre – LD4 – located in Slough, UK.
As part of Nasdaq’s efforts to bring US proprietary equities data to a larger audience, Nasdaq now offers Nasdaq TotalView and Nasdaq Basic from LD4. Nasdaq Basic combines Nasdaq Best Bid and Offer (QBBO), with either Nasdaq Last Sale (NLS), or Nasdaq Last Sale Plus (NLS Plus).
“We continue to focus on working closely with our clients around the world in order to help them gain secure, efficient access to our markets,” says Jeff Kimsey
Volatility management specialist Runestone Capital is to launch its first ever US fund. The systematic strategy buys or sells US equity index volatility on a one-day forward basis based on statistical probabilities.
The strategy allows investors to access pure volatility as an asset class through trading VIX related instruments such as VIX futures, exchange traded notes, and options. Historical returns have been shown to typically be uncorrelated to traditional equities and fixed income since inception in May 2015.
“The strategy has delivered returns in very different market conditions as the strategy is agnostic to being long or short and
