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S&P Capital IQ Real-Time Solutions has partnered with Arista Networks to provide its clients with advanced data transfer speeds and improved performance via the firm’s QuantLINK offering.
S&P Capital IQ Real-Time Solutions will leverage the latest network device generation – provided by Arista Networks – to bolster its QuantLINK product, thereby improving direct market access and providing ultimate results in market data and order routing.
Dave Watkins, managing director EMEA at Arista Networks, says: “New developments in technology within the algo-trading sector are ongoing and we are keen to collaborate with leading firms in order to supply an exceptional
BlueBay Asset Management, a manager of fixed income and alternative investments, has appointed Richard Blake as director, sales – alternatives with immediate effect.
Based in London, Blake will focus on building BlueBay’s alternative business.
Blake joins BlueBay from Moore Capital Management where he was head of investor relations Europe taking responsibility for the sales and IR effort in Europe and the Middle East for Moore’s two flagship global macro funds. Prior to this, he spent more than 12 years as a researcher and portfolio manager for fund of hedge fund groups including EIM and Comas (the hedge fund
Avoca Capital has launched a long-only convertible bond fund, Avoca Convertible Select Global, a UCITS compliant Luxembourg SICAV offering daily liquidity.
This follows Avoca’s move in November 2011 to further extend its product offering and partner with an experienced team of specialists in convertible bonds. This asset class is in increasing demand with investors attracted to the combination of debt protection with equity upside participation.
The new fund formally opens Avoca’s convertible bond offering, which was launched in April 2012 to manage partner capital, to a wider investor audience. The team has returned 16 per cent after fees
FIX Trading Community, the non-profit industry-driven financial trading standards body, has published updated guidelines for the electronic trading of bonds and swaps using the FIX messaging standard.
The guidelines have been designed to enable market participants to benefit from cost effective and efficient connectivity to the growing number of bond trading platforms, emerging swap execution facilities (SEFs) and upcoming organised trading facilities (OTFs) set to launch across the US and European markets.
As regulatory requirements, in the form of Dodd Frank, MiFID II and Basel III, seek to enhance transparency, reduce risk and increase capital requirements, a new
Apex Fund Services has marked its 10 year anniversary with the launch of its latest service, Apex Capital Introduction Services (Apex CIS).
Apex CIS will assist fund managers with raising new capital through the experience and investor relationships of Leah Cox, managing director of Apex CIS. Cox has spent over 15 years working in financial services and previously worked with Bear Stearns and Deutsche Bank.
This is the first time an independent fund administration company has provided a dedicated capital introductory service.
Apex CIS will prepare and advise Apex’s clients on the most effective way to raise
The SEC has charged the owner of a New York-based investment advisory firm with defrauding investors while grossly exaggerating the amount of assets under his management.
The SEC alleges that Fredrick D Scott of Brooklyn, New York, registered his firm ACI Capital Group as an investment adviser and then embarked on a series of fraudulent schemes targeting individual investors and small businesses.
Scott repeatedly touted ACI’s registration under the securities laws and falsely claimed the firm’s assets under management to be as high as USD3.7bn to bolster his credibility when offering too-good-to-be-true investment opportunities. As Scott solicited funds from
The US Commodity Futures Trading Commission has approved the applications of SwapEx, GFI Swaps Exchange and MarketAxess SEF Corporation for temporary registration as swap execution facilities (SEFs).
SwapEx is a Delaware limited liability company and is an indirect wholly-owned subsidiary of State Street Corporation, a Massachusetts corporation.
GFI is a Delaware limited liability company and is an indirect wholly-owned subsidiary of GFI Group, a Delaware corporation.
MarketAxess is a Delaware corporation and is a direct wholly-owned subsidiary of MarketAxess Holdings, a Delaware corporation.
A SEF is a category of CFTC registered entities created by the Dodd-Frank
Hedge fund attorney Lindi Beaudreault has joined Murphy & McGonigle as a partner in its New York office.
Beaudreault (pictured) joins Murphy & McGonigle from Shearman & Sterling, where her practice focused on enforcement defense and regulatory counseling of financial services firms, principally hedge funds.
Beaudreault also has significant broker-dealer experience. She formerly served as director of global regulatory affairs at Merrill Lynch and as director and assistant general counsel at Bank of America, where she defended SEC, FINRA, Congressional and New York Attorney General investigations and proceedings and high risk regulatory examinations.
"We have known Lindi for
Commodities were higher in August as China’s growth outlook improved and the risk of the US Federal Reserve tightening remained uncertain, according to Credit Suisse.
Nelson Louie, global head of commodities in Credit Suisse’s asset management business, says, "Chinese growth may have stabilised over the period. Commodities are likely to benefit from improving Chinese growth momentum, as it may be supportive of increased demand. At the same time, mixed US economic data and sharply declining emerging market currencies and securities have clouded the already uncertain outlook regarding the possibility of a Federal Reserve tightening in September. Regardless of whether
Omni Partners has launched an event-driven fund, the Omni Event Fund, which began trading on 1 September with USD86m of initial capital and is now open to external investors.
The fund is managed from the firm’s California office where John Melsom serves as chief investment officer and senior portfolio manager. Melsom began working alongside Steve Clark and Gavin Simpson in 2001 and joined Omni Partners upon its inception in 2004.
During Melsom’s tenure at Omni he was previously co-portfolio manager of the Omni Global Fund, which posted seven consecutive years of positive returns and won a Lipper Award for the three-year period
