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EEX Group has reported strong financial results for 2023 with a 19% overall growth in total revenues, reaching €575.6m (2022: €482.4m), on the back of continued trading volume growth across all asset classes and geographies.
International energy services company Petrofac was the most shorted UK listed company as of 22 April, according to new data from GraniteShares, a global issuer of exchange traded products with more than $3.5bn under management.
COMPLY, a provider of compliance software, consulting and education resources for the financial services sector including hedge funds and private equity firms, has appointed Michael J Stanton as its Chief Executive Officer.
A series of failed credit bets at Arini, the London-based hedge fund firm founded by former Credit Suisse trader Hamza Lemssouguer, has left the flagship Arini Credit Master Fund nursing a 6.6% loss in March, its second biggest monthly loss, according to a report by Bloomberg.
Institutional digital asset prime broker FalconX has launched Prime Connect, an exchange settlement solution which enables institutional investors to trade on exchanges while their funds remain in bankruptcy-remote, regulated custody.
Jain Global, the hedge fund founded by former Millennium Co–Chief Investment officer Bobby Jain, has expanded its teams in Singapore, London and New York, ahead of its planned July launch, according to a report by eFinancial Careers.
Taula Capital Management, the new hedge fund founded by former Millennium Management Portfolio Manager Diego Megia, which is set to begin trading later this quarter, is setting up an office in Milan, according to a report by Bloomberg.
US hedge fund Elliott Investment Management believes market participants are too pessimistic about the size of Thames Water’s debt pile and has built a position in the troubled utility company’s bonds, according to a report by the Financial Times.
The Financial Regulatory Authority of Egypt has proposed amendments to the executive regulations of the country’s Capital Market Law that would allow for the launch of hedge funds in the country, according to a statement by the authority.