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Options trading volume at TOM MTF rose to 7,990,014 contracts in Q1 2015, which equates to a 55% increase versus Q1 2014.
This sharp growth has resulted in an overall options trading market share of 45% for the quarter, versus 31% for the same period in 2014.
Growth in Dutch index options has been particularly strong at TOM MTF as it has achieved a majority market share of 51% in this segment. 2014 was an important year for TOM MTF as it connected to major retail flow providers such as ABN AMRO, international market makers such as Susquehanna and investment bank BNP Paribas.
The GIB Emerging Markets Opportunities Fund, the flagship hedge fund of GIB (UK), has appointed Barclays Bank to provide additional prime brokerage services to the fund, alongside existing prime broker, Credit Suisse Securities (Europe) Limited.
Managing Director and Chief Executive Officer of GIB UK, Mark Watts (pictured), says: “The appointment of Barclays, to complement Credit Suisse, is key to our strategy of growing the fund. At over USD300 million in Assets Under Management (AUMs), the fund has been providing top decile risk adjusted returns, (based on the Fund’s Sharpe Ratio compared to EuroHedge league table peers), to investors for over three
Reorg Research, a specialist in distressed debt research, analysis and breaking news, has expanded its operations with the opening of a London office and the addition of two senior journalists in London.
These additions will allow for broader coverage of the European distressed debt, leveraged finance and restructuring industries.
As part of this global expansion, Mario Oliviero joins Reorg Research as Senior Editor after spending more than six years at Debtwire Europe, where he served as deputy editor focusing on stressed and distressed special situations. Prior to Debtwire, Oliviero worked as an analyst for Bloomberg.
Joining Oliviero as Deputy Editor
Just one of IndexIQ’s family of seven proprietary hedge fund replication and alternative beta indexes finished March in positive territory.
The IQ Hedge Fixed Income Arbitrage Beta Index (IQHGFIB) was the sole positive performance, but only just, with a return of 0.02 per cent.
The month’s biggest loser was the IQ Hedge Emerging Markets Beta Index (IQHGEMB) at -0.62 per cent, followed by the IQ Hedge Long/Short Beta Index (IQHGLSB) (-0.57%), the IQ Hedge Composite Beta Index (IQHGCOB) and the IQ Hedge Global Macro Beta Index (IQHGGMB) (both -0.28%), and the IQ Hedge Market Neutral Beta Index (IQHGMNB) (-0.20%).
The
Technology investor Mark Pearson is launching Fuel.Ventures EIS Fund 1, an open-ended venture capital fund investing in the e-commerce sector.
The fund will target super-early seed, seed and A-stage investments in the rapidly growing European e-commerce sector. European mobile commerce sales are expected to grow from EUR17.3bn to EUR113.3bn between 2013 and 2018. Fuel.Ventures will invest in a variety of high-growth, sector-agnostic technology based transactional businesses from incubation and inception (super-early seed), to seed and post launch (late seed), as well as series A businesses showing exceptional signs of growth.
To date, Pearson has invested in 10 e-commerce businesses, achieving
Winton has launched two new alternative investment funds (AIFs) that have been structured to comply with the EU Directive on Alternative Investment Fund Managers (AIFMD).
The funds are domiciled in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier (CSSF). One fund is a managed futures fund of the sort that has traditionally been managed by commodity trading advisers, which allows direct access to the Winton Futures Program by non-US investors. The other is a broadly diversified hedge fund that will follow the same investment program as Winton's 17 year-old flagship fund that currently has global assets of USD12.6
Eze Software Group, a premier provider of global investment technology, has made several enhancements to its commission management offering.
Eze Software released a new web-based tool, Broker Review, which helps buy-side firms efficiently evaluate their brokers. Broker Review redesigns and unifies the broker evaluation tools previously available in separate products within Eze Software’s commission management offering, putting more control over the broker vote into the buy-side’s hands.
With Broker Review, a buy-side firm can configure its broker vote, allowing the firm’s stakeholders to assess their brokers on selected attributes such as execution, research, and investment ideas. The tool is built
MIK Fund Solutions has opened a Boston office seed with three staff currently. The move follows a recent initiative in Asia that saw the opening of an office in Shanghai.
The Boston office opens up a completely new talent pool for recruiting and hiring for MIK’s global development team. Overall, it will support the firm’s 24×7 global delivery model for software development and client support.
Over 60 multi-billion dollar hedge funds, fund of funds, and private equity funds rely on MIK for sophisticated software solutions for real-time PNL, Data Warehousing, Performance/Attribution, Compliance, Treasury Management, Security Master/Price Management, and Broker Relationship
The hedge fund industry took in USD7.2 billion (0.3% of assets) in February, the strongest inflow in the past six months and a turnabout from January’s outflow of USD11.2 billion (0.5% of assets), according to BarclayHedge and TrimTabs.
“The redemptions of USD4.1 billion in the first two months of this year stand in dramatic contrast to the inflow of USD31.6 billion in the same period last year,” says Sol Waksman, president and founder of BarclayHedge. “In the past 12 months, hedge funds added USD39.2 billion, down 57% from USD91.4 billion in the previous twelve-month span.”
Hedge fund industry assets edged
LCH.Clearnet is now offering inflation swap clearing through its SwapClear service allowing market participants trading UK, European, and US inflation-linked products to benefit from the efficiencies and enhanced risk management associated with central clearing.
Trading in inflation-linked swaps is popular among asset managers and pension funds looking to guard against rises in inflation and interest rates. Firms opting to clear inflation swaps through SwapClear are able to offset their margin requirements with correlating interest rate derivatives cleared at LCH.Clearnet.
Nathan Ondyak, Head of Products and Markets, SwapClear, LCH.Clearnet, says: “After thorough risk reviews and testing, we are proud to
