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Tai United Holdings Limited’s indirect wholly-owned Singapore-based subsidiary Tai United Asset Management has been approved by the Monetary Authority of Singapore (MAS) as a Registered Fund Management Company (RFMC) under the Securities and Futures (Licensing and Conduct of Business) Regulations to officially carry on fund management business in Singapore.
Since it began business in Singapore in 2016, Tai United Asset Management has been mainly conducting trading, of securities and derivatives, including futures (induces, foreign exchange, bonds and major commodity futures) and options using macro and hedging strategies, in developed capital markets, aiming for excess returns. After the approval, Tai United
RSRCHXchange has integrated Substantive Research’s Substantive ResearchMatch Curations into the RSRCHX platform, enabling clients to seamlessly move from research curation to purchasing subscriptions and reports.
The Substantive ResearchMatch Curation service highlights must-read publications by banks and independent providers on a given theme, and hunts for research outside a portfolio manager’s core providers that matches their current needs and preferences. ResearchMatch Curation combines technology and human expertise to curate at an individual portfolio manager level, ensuring there is a match by style and process as well as relevance.
The collaboration will now enable Substantive’s fund management customers to quickly and
Data analytics platform Street Diligence has launched Bank Loan and High Yield Screener, which is designed to provide comprehensive analysis and instant comparability of covenant data.
The platform, the first and only credit focused analytics platform built for buy and sell-side investment professionals, is designed to provide a comprehensive analysis of new and existing credit securities across a wide spectrum of debt structures, including revolvers, first and second lien debt as well as senior and subordinated bonds. Users benefit from access to deal terms during negotiations and streamlined portfolio management and analysis.
The platform breaks down key covenant
The May 2017 average daily transaction value on the Euronext cash order book stood at EUR8,471 million, up 42.8 per cent compared to May 2016 and stable (+0.2 per cent) from the previous month.
The average daily transaction value on ETFs was EUR548 million, up 22.5 per cent compared to May 2016 and steady from the previous month. Our ETF offering remained stable this month with 809 listings at the end of May compared to 790 end of 2016.
The average daily volume on equity index derivatives reached 222,863 contracts in May 2017, up 14.1 per cent compared to
London and Paris-based specialist structured product firm Hilbert Investment Solutions has appointed David McFadyen as its UK Business Development Manager.
An innovation in Luxembourg’s alternative fund structure range came to market in 2016: the Reserved Alternative Investment Fund (RAIF). This investment fund structure expedites time-to-market, meaning asset managers can set-up their fund project in a shorter timeframe.
Efficient time-to-market
Prior to the RAIF, all Luxembourg investment fund vehicles were subject to authorisation and supervision of the Commission de Surveillance du Secteur Financier (CSSF). Built on the Alternative Investment Fund Managers Directive (AIFMD), the law of 23 July 2016 on Reserved Alternative Investment Funds (RAIF law) introduced a new type of alternative investment fund – the RAIF – that is not
Gresham House, a specialist asset manager focused on alternative investment strategies, has appointed Michael Hart to the newly created role of Head of Distribution.
Hart has over 20 years’ experience in both traditional and alternative asset management. Most recently he served as Global Head of Business Development at Amundi Alternative Investments. Prior to this he was Global Head of Business Development for Aberdeen Asset Management’s alternative solutions division. Michael also spent over ten years at investment consultants Bfinance. He has an in-depth understanding of investor requirements which has led to a strong network of institutional clients, sovereign wealth funds, government
TGE (Polish Power Exchange) has launched a new trading system provided by Nasdaq.
Nasdaq has partnered with TGE since 2008. The new technology boosts TGE’s markets performance capabilities and operational flexibility, allowing the exchange to expand future activities, including adding commodity and derivative instruments to its business offering.
The trading platform operated by TGE features comprehensive multi-market model support, a wide range of order type and asset types, market maker support, execution of derivatives market strategies, market data processing and integrated index calculator as well as comprehensive risk management and real-time position keeping and market control and supervision. Nasdaq’s matching
The US CFTC has issued an Order filing and settling charges against David Liew for engaging in numerous acts of spoofing, attempted manipulation, and, at times, manipulation of the gold and silver futures markets.
Liew engaged in this unlawful conduct for more than two years while he was employed as a junior trader on the precious metals desk for a large financial institution. The CFTC Order finds that Liew acted individually and in coordination with traders at that institution and with a trader at another large financial institution.
In the Order, Liew admits the facts of his manipulation and
INTL FCStone’s Precious Metals Division’s web-based physical gold trading platform, PMXecute+ has traded nearly 10 tonnes of gold, representing close to USD400 million in value, since its launch in late February 2017.
Barry Canham, global head of the Precious Metals Division, says: “We are proud of the significant trading volumes that we have achieved with PMXecute+ in the short time since its launch earlier this year. I look forward to providing additional updates to the market in terms of our volumes over the coming months.”
The Company’s focus since launch has been to ensure wider liquidity on the platform,
