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Eurex Exchange has been informed by the Commodities and Futures Trading Commission that an additional 11 MSCI futures fall under the scope of the no-action letter and can be marketed in the US.
This brings the total number of MSCI futures contracts listed on Eurex which are now available to US investors to 15.
“Thanks to the CFTC decision, we further expand our equity index futures offering in the US With our recently launched MSCI futures we offer for the very first time derivatives contracts that allow our investors to hedge their exposure in emerging markets and certain Asian
Lucera Financial Infrastructures is making its infrastructure available to power electronic trading by financial institutions and high-frequency trading (HFT) firms.
Lucera’s platform enables customers to accelerate time-to-market, high speed connections to marketplaces and exchanges, and reduce operational and regulatory risk while eliminating the capital expense of building and operating a real-time network of customer and exchange connectivity.
“High frequency trading firms, exchanges, banks and hedge funds can reap huge savings and achieve significant improvements in performance by operating their infrastructure on Lucera,” says Jacob Loveless, CEO of Lucera. “Our customers are able to reach new levels of performance by
According to Preqin’s Hedge Fund Analyst, hedge funds made a loss of 0.17 per cent in January 2014, the benchmark’s first month in negative territory since August 2013.
The decline in equity markets led to negative returns posted by long/short funds; however these funds did outperform the S&P 500 Index, which was down more than 3.5 per cent for the month. The best performing hedge fund strategies for January were relative value and event driven strategies, with these benchmarks up 0.77 per cent and 0.66 per cent respectively.
Relative value was the top performing strategy benchmark in January 2014,
BATS has selected Equinix as its primary data centre provider for all of the BATS exchange platforms, including the Direct Edge Exchanges – EDGA and EDGX.
BATS and Direct Edge completed their merger on 31 January.
EDGA and EDGX will remain at their current location at Equinix’s NY4 data centre in Secaucus, New Jersey until January 2015 when they will migrate to BATS’ technology in Equinix’s NY5 data centre.
In the second quarter of 2015, the BATS BZX and BYX Exchanges, and BATS Options, will move to NY5 from their current location of NJ2 in Weehawken, NJ.
The Newedge Short-Term Traders Index (STTI) returned 2.43 per cent in January.
This marks the tenth time in 13 months that the STTI has delivered a positive monthly return.
Conversely, trend-following strategies continued to face a challenging opportunity set with all ten constituents of the Newedge Trend Index down in January.
Charles River added 38 new and enhanced client relationships across investment management sectors, including private wealth and alternative investment managers, in 2013.
Broadening its private-cloud based Charles River Investment Management Solution, the company made significant R&D investments in portfolio management and trading capabilities for all asset classes, enhanced its cloud-based services offering, and opened a new global managed services centre in Dublin.
"Investment firms are taking advantage of SaaS-based systems so they can simplify operations and focus on core competencies," says Peter Lambertus, president and CEO, Charles River. "Charles River has evolved from a software vendor to a provider
The Managed Funds Association (MFA) has launched an online hedge fund glossary in collaboration with Latham & Watkins through its Book of Jargon – Hedge Funds.
This resource, available on MFA’s website www.managedfunds.org, provides users with a complete set of key terms, phrases, and definitions specific to all aspects of the global hedge fund industry.
The hedge fund glossary offers users access to an interactive library of more than 900 terms, including acronyms regularly used to describe key industry terms, as well as jargon adopted by professionals in the hedge fund industry.
The Book of Jargon – Hedge
Alternative investment manager Aurora Investment Management has provided early-stage capital to investment funds managed by energy-focused long/short equity fund manager Brenham Capital Management.
Brenham Capital Management was founded by John Labanowski in January 2012.
Before launching Brenham, Labanowski spent five years at Walker Smith Capital, most recently as head of energy investments. Prior to that he was an investment banker at Goldman Sachs in the natural resources group and at Deutsche Bank in the energy group.
Brenham employs an opportunistic, fundamental approach to the publicly-traded energy sector, with the objective of delivering superior absolute returns to investors while
Technology vendors in Europe are investing heavily in the development of portfolio management and accounting systems to help buy-side asset management clients navigate new regulatory requirements.
That is according to a report from Aite Group – Leading Portfolio Systems, European Edition: La Vie en Rose – the latest in a series providing a guide to the global portfolio management and accounting systems market.


The overall global portfolio management and accounting systems market represents about USD3.3bn (GBP2bn) in spend.
For institutional asset management, hedge fund and asset servicing client markets in Europe, the market size was USD689m (GBP414m) in
Managed futures lost 0.54 per cent in January, according to the Barclay CTA Index compiled by BarclayHedge.
The index lost 1.46 per cent in 2013.
“Gains in the last three months of 2013 were fuelled by uptrends in interest rates and equities, along with downtrends in precious metals and the Japanese yen," says Sol Waksman, founder and president of BarclayHedge. “At the beginning of 2014, investor sentiment turned and these trends all reversed, sending managed futures performance down in January."
Seven of Barclay’s eight CTA indices lost ground in January. The Diversified Traders Index was down 0.88 per
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