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The European Energy Exchange (EEX) has published the 2017 auction calendar for EU Aviation Allowances (EUAA), in consultation with the EU Commission and the Member States taking part, as well as the competent German and Polish authorities.
EEX will carry out the auctions comprising a total volume of 4,005,000 EUAA from 27 September to 6 December.
In the framework of the joint CAP2 auction platform, EEX will carry out three EUAA auctions on behalf of 25 Member States. The first of these will take place on 27th September and comprise an auction volume of 1,078,000 EUAA. The remaining auctions
Neudata Limited has released the much-anticipated Version 2 of its popular online Neudata Scout digital data intelligence platform. The company provides hedge funds and other institutional investment managers with metadata about the vast array of alternative datasets available toward the goal of selecting and back testing the most appropriate sources for alpha generation.
“We listened carefully to feedback from our audience of quantitative investment managers and greatly enhanced the functionality and new features available on the Neudata Scout platform,” says Rado Lipuš (pictured), founder and chief executive officer of Neudata, headquartered in London, UK. “We expanded the navigation and filtering
Last month, hedge funds posted their strongest performance since January as 2017’s performance drivers – Equity Hedge, Technology, Healthcare and Emerging Markets – led the way, according to HFRI.
The HFRI Fund Weighted Composite Index (FWC) gained 1.2 per cent in July, the ninth consecutive monthly gain and the 16th in the trailing 17 months, bringing YTD performance +4.8 per cent and extending the record Index Value to 13,571.
As previously reported by HFR, total hedge fund assets increased to USD3.1 trillion to conclude H1 2017, as the industry experienced net capital inflows for first time since Q3 2015.
Otterbourg PC has appointed Jason I Miller (pictured), as a member in the firm’s specialty finance group. His practice focuses on commercial finance matters such as asset based lending, cash flow lending, middle market, factoring, leveraged finance, first and second lien loans and term loans. He joins Otterbourg from Blank Rome LLP.
Miller represents many leading institutional lenders, including major national and international commercial banks, finance companies, private equity groups, mezzanine lenders and independent factors.
“Jason has a strong practice and is a perfect fit for our specialty finance group,” says Richard L Stehl, Otterbourg’s chairman. “He is smart,
By Eze Castle Integration – Keeping up with the myriad of cyber security requirements expected of today’s financial firms is a daunting – and sometimes unachievable – task. This list continues to grow in size and scope, and remembering how often to perform tests or when to change passwords is a growing challenge for CTOs and business execs responsible for technology.
To assist in guiding your firm with its cyber plan implementation, we’ve outlined a basic calendar of security reminders to help you stay on track. Listed in order of frequency, here’s how often you should plan to take these
Global advisory and fund administration fund Maitland is to acquire Guernsey-based Designated Manager, R&H Fund Services (Guernsey) Limited.
Other Rawlinson & Hunter businesses in the Channel Islands, including R&H Trust Co (Guernsey) Limited, Rawlinson & Hunter Limited and R&H’s Jersey businesses, have an entirely separate ownership structure and do not form part of the transaction.
Maitland, named Best Multi-Family Office and Best Wealth Planning Team at the Wealth Adviser Awards 2017, will offer its full range of Institutional Client Services through the Guernsey office, including long-only fund administration, transfer agency, hedge funds, private equity and real estate administration services
The dollar continued to depreciate against major currencies over the recent weeks, in a context where the US administration has struggled to gain reform momentum in the health care and fiscal areas; according to the latest Weekly Brief from Lyxor’s Cross Asset team.
The company writes that this is having far reaching market implications. In particular, this has contributed to fuel the rally in emerging market assets, both equities and fixed income, as local currency appreciation (vs the dollar) has disinflationary effects and provides ample room for monetary accommodation. Over the recent weeks, South Africa, Colombia, Brazil and India cut
Euronext has signed binding terms with LCH SA, LCH Group and London Stock Exchange Group for the continued provision of clearing services for its derivatives products for a period of 10 years.
Euronext and LCH SA will work together to develop new products for the benefit of clearing members and market participants.
As part of the agreement, Euronext will swap its current 2.3 per cent stake in LCH Group for an 11.1 per cent stake in LCH SA, subject to regulatory approvals and other customary conditions. LCH SA is a leading multi-asset CCP, based in the Eurozone, with substantial
The US CFTC has issued an Order filing and settling charges against The Bank of Tokyo-Mitsubishi UFJ (BTMU) for engaging in spoofing a variety of futures contracts on the Chicago Mercantile Exchange and the Chicago Board of Trade.
This included futures contracts based on United States treasury notes and Eurodollars.
The Order finds that BTMU engaged in this activity through one of its employees (Trader A), who accessed these markets through a trading platform from one of BTMU’s Tokyo offices. The Order requires BTMU to pay a USD600,000 civil monetary penalty and to cease and desist from violating the
The Quantitative Multi-Strategy program of Goldenwise Capital Management Inc., a volatility arbitrage and trend-capture manager based in Toronto, is now available on Kettera’s fast-growing Hydra marketplace.
Hydra is a global platform giving investors access to established and emerging alternative asset managers while providing daily transparency, intra-month liquidity and notional funding capabilities.
Goldenwise’s multi-strategy program is now available to Canadian investors through the newly launched Goldenwise Multi Strategy Fund, which invests in the Goldenwise cell listed on Hydra. Other investors can access the Goldenwise program directly through Hydra.
Goldenwise employs a model-driven volatility arbitrage and trend-following approach with its
