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EDXM Markets Holdings Global, a digital asset company for institutional customers, has launched its Singapore-based settlement platform, EDXM Global, which aims to streamline OTC transaction settlements with speed and reliability.
Digital asset investment products saw outflows for the fourth consecutive week totalling $251m as the new US spot bitcoin ETFs saw their first ‘measurable’ outflows, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
South Korean regulator the Securities and Futures Commission (SFC) has asked prosecutors to investigate alleged capital markets rules violations by Australian hedge fund firm Regal Funds Management, according to a report by Bloomberg.
Hedge funds saw an estimated $9.9bn in investor withdrawals during March, a big increase on the $780m seen in February as the industry’s run of net outflows stretched to 22 consecutive months, according to a new report from Nasdaq eVestment.
Hedge funds advanced in April as equities declined, led by macro strategies, which extended their first quarter gains through the month, and the industry’s largest funds, with the HFRI Macro Asset Weighted Index advancing 2.6%.
Gerald Chua, a Partner and Deputy Portfolio Manager at David Mercurio’s Singapore-based stock-picking hedge fund firm Lauro Asset Management, has joined multi-family office Kamet Capital as a Portfolio Manager, according to a report by Citywire Asia.
BlueCrest Capital, the multi-strategy hedge fund firm-turned family office run by Michael Platt, is planning a 10% increase in the number of its trading teams by the end of this year on the back of returns trouncing many macro hedge fund firms, according to a report by the Financial Times.
Multi-strategy hedge fund firm LMR Partners has bolstered its commodities team to tap into potential investment opportunities from a new oil-based strategy it launched earlier this year, according to a report by Bloomberg.
A probe by South Korea’s financial regulator into short selling which began last year has so far uncovered an alleged KRW211.2bn ($156m) worth of illegal trading activity by nine unnamed global investment banks, according to a report by Bloomberg.
MFA has submitted a comment letter to the Commodity Futures Trading Commission, making recommendations on how the commission should approach the use of artificial intelligence tools in derivatives markets.
