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Cboe Digital will become the first US regulated crypto native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform when it launches trading and clearing of bitcoin and ether margin futures in January.
Chicago-headquartered multi-strategy hedge fund firm Balyasny Asset Management has appointed Dan Childs, the former Head of European Prime Services Sales, EMEA at global investment bank Jeffries as its new Head, Cash and Liquidity Management, according to a report by The Trade.
Umair Khan Marwat has left Chicago-headquartered Balayasny Asset Management after an almost two-and-a-half year stint as trader, to take up the same position at multi-strategy rival Millennium Management, according to a report by The Trade.
Lumina Capital, a Brazilian alternative asset management firm founded by former Morgan Stanley Brazil head Daniel Goldberg, has acquired a minority stake in hedge fund Verde Asset Management from Credit Suisse Group, according to a report by Bloomberg.
Digital asset investment products saw inflows totalling $293m last week, bringing this current seven-week run of inflows to over $1bn in total, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Torstone Technology, a SaaS provider of post-trade securities and derivatives processing solutions, has successfully completed product certification of its Middle Office product with DTCC’s CTM service.
Proprietary trading firms are planning to expand their FX trading operations and increase investment budgets in 2024, according to the the latest Proprietary Trading Management Insight Report from derivatives industry management intelligence platform Acuiti.
Trikon Asset Management Ltd, the Hong Kong-based hedge fund firm founded by Moore Capital alumnus Gaurav Grover, is to cease operations after about five years of trading, according to a report by Bloomberg.
Newton Investment Management, a $111bn London-based investment boutique owned by BNY Mellon, which is seeking seed capital to enter the hedge fund multi-manager business, has hired Liliana Castillo Dearth as Head of Emerging Market and Asia Equities.
Hunterbrook, a VC-backed hedge fund firm, has begun hiring financial journalists who will operate independently from, but provide support to, its research team in identifying possible investments, according to a report by the Financial Times.
