Latest News
Global fintech Broadridge Financial Solutions has launched OpsGPT, a new capability for operations users, analysts, and management teams to transform their operations across the post-trade lifecycle in a T+1 trading environment.
Cboe Digital has successfully launched margined bitcoin and ether futures and completed its first margined bitcoin futures trade, with support from Blockfills, DV Trading LLC, Jump Trading Group, Marex, Toa Capital Partners and Wedbush.
Food manufacturing group Bakkavor has made a change to its board after hedge fund Baupost sold its 20.1% stake in the business to private equity investment firm LongRange Capital, according to a report by ShareCast.
Hong Kong-based hedge fund Torq Capital is shutting up shop after more than seven years of trading with founder and Chief Investment Officer Avinash Abraham set to re-join Citadel as a Portfolio Manager, 15 years after leaving the firm, according to a report by Bloomberg.
Sean Gambino, who closed his own Heron Bay Capital hedge fund firm in 2022 to join Eisler Capital, is leaving the multi-strategy investment firm to set up on his own again, according to a report by Bloomberg.
Kirkoswald Asset Management, the London-based investment firm founded by Australian Greg Coffey, has become the latest hedge fund to establish a presence in Abu Dhabi with the opening of a new office in the emirate, according to a report by Bloomberg.
A number of buy-side firms including hedge funds, asset managers, and insurance companies are adopting solutions from FIS that are historically aimed at sell-side clients, such as its Cleared Derivatives and Cross-Asset Trading and Risk platforms.
Derivatives marketplace CME Group is to launch options on S&P 500 Annual Dividend Index futures on 29 January, pending regulatory review, in response to client demand for additional flexibility to customise dividend-related strategies.
Hamza Lemssouguer, a former star trader at Credit Suisse, notched up a 32% return with his $2.7bn Arini credit master fund in 2023, making it one of the top performing credit strategies, according to a report by Bloomberg.
Lone Pine Capital, the $15bn Greenwich, Connecticut-headquartered hedge fund firm founded by Tiger Cub Stephen Mandel, bounced back with strong returns in 2023, following a wave of client redemptions and big losses in 2022, according to a report by Business Insider.
