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PFSOFT, a fintech developer of multi-asset brokerage and trading solutions, has integrated its Protrader multi-asset brokerage solution with InterTrader.
InterTrader provides multi-asset-class liquidity across forex, indices, commodities, equities, bonds and interest rates, with access to large ECN liquidity pools of tier 1 financial institutions.
Shai Heffetz (pictured), managing director of InterTrader, says: “We’re convinced that Protrader brokers will appreciate our exceptional liquidity. We offer a low-latency trading environment combined with multiple execution venues to provide best execution prices. Our service has attracted many partners to date including FCA-regulated asset managers and investment funds.”
With its “matched principal” model,
Torstone Technology, a provider of post-trade securities and derivatives processing, is expanding its services in Asia with senior appointments in Japan and the signing of a multi-year deal with Natixis Japan Securities to use Torstone’s collateral management module.
Natixis Japan Securities will use Torstone Technology’s flagship post-trade securities and derivatives processing system, Inferno, to improve and automate its collateral management processes, thereby reducing operational inefficiencies and costs in addition to complying more efficiently with various regulatory requirements in Asia.
In support of new clients such as Natixis Japan Securities and as a result of the ever increasing regulatory and
The Depository Trust & Clearing Corporation’s (DTCC) DataPro product suite, previously known as DTCC Data Products, is being enhanced to include additional data offerings covering major asset classes.
DTCC DataPro delivers referential and activity-based data solutions that help clients address evolving operational, regulatory compliance, risk management and investment processes.
DTCC DataPro currently covers major asset classes across six categories: announcement, liquidity, market and benchmark analytics, regulatory compliance, risk and security reference.
“DTCC DataPro leverages data collected by DTCC’s processing and data engines to help firms address front-, middle- and back-office needs,” says Ron Jordan, managing director of data
Daniel J Davis has been named the US Commodity Futures Trading Commission’s (CFTC) general counsel.
Davis (pictured) comes to the CFTC from the law firm Proskauer Rose, where he was special counsel in the labour and employment law department.
Davis will assume his duties today.
“I’m delighted that Mr Davis will bring his vast knowledge, keen intellect, and good judgment to the important work of the CFTC. I welcome him to our agency, and I thank our Acting General Counsel, Rob Schwartz, for his exemplary service over the past several weeks,” says acting CFTC chairman J Christopher Giancarlo.
Agecroft Partners has been named as Best Third Party Marketer Firm at the Hedgeweek Global Awards 2017 – the sixth time in seven years that the company has won the award.
“We are honoured to have won this award and more importantly we are happy that the market place approves of the job we are doing,” says Agecroft’s founder Don Steinbrugge (pictured).
Agecroft’s five partners, who average over 20 years of industry experience, have helped raise tens of billions in assets over their careers and have changed the model of hedge fund third party marketing.
Most third party
STOXX, the operator of Deutsche Boerse Group’s index business, and a global provider of tradable index concepts, has launched the STOXX Climate Impact and STOXX Climate Awareness Indices.
This next generation of low carbon indices incorporates the CDP climate change scoring methodology which evaluates companies based on their progress in the transition towards a low carbon economy.
The STOXX Global Climate Impact ex Global Compact, Controversial Weapons, Tobacco Index has been licensed to the Finnish Varma Mutual Pension Insurance Company (Varma) for benchmarking purposes. This index includes only companies that show strong environmental stewardship as they have climate actions
According to the data from Societe Generale Prime Services February was a strong month for managed futures strategies, with all three CTA indices (the CTA index, the CTA mutual fund index and the Trend index) producing performance in excess of 2 per cent.
Trend followers led this positive turnaround, returning 2.88 per cent. Short term traders, on the other hand, continued to struggle, with negative returns of -1.95 per cent.
The Trend Indicator attribution data showed that equity indices, contributing 2.30 per cent, were the main driver of positive returns for trend followers in February with gains from long positions
Nick Bayley is a managing director in the Compliance and Regulatory Consulting practice at Duff & Phelps. Prior to this, Nick was a Head of Department in the FCA's Markets Policy & International Division, FCA Senior Markets Adviser and was responsible for the UK regulator’s MiFID II Policy Project.
In the first of a series of monthly blogs throughout 2017, Nick will draw upon his expertise and share his views on the main challenges and opportunities that both sell-side and buy-side institutions need to be thinking about in relation to MiFID II. Without further ado, here is the first installment:
Outsourcing has not only become an accepted practice among hedge fund managers, it has become a necessity as funds large and small seek out ways to control their costs, manage their internal resources more effectively, and overcome the ever growing challenge of regulatory compliance.
Perhaps more than ever before, hedge fund managers recognise that as cloud technology makes huge strides forward it makes more sense to focus on their core activities of investing and raising capital, appointing a trusted outsourced provider to manage the raft of non-core activities that investors do not want managers to be preoccupied with.
Indeed, while
XM Group (Trading Point Group), an FX and CFD broker, has launched the MT5 platform with offerings of over 300 CFDs on single stocks.
The launch follows a series of testing phases which have made sure the additional platform is connected to all existing systems.
The addition will enable the company to extend its offerings to six asset classes including CFDs on single stocks (shares) in addition to the existing offerings which include FX, CFDs on indices, metals and energies.
Chris Zacharia, marketing director of XM, says: “This day is one of those milestone events, which don't happen
