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Options Technology has expanded its onshore trading infrastructure offering in Taiwan to facilitate low latency market access for clients to TWSE, TAIFEX and TPEx with access to the latest trading infrastructure and global connectivity to trade across APAC and the global markets.
Options says the expansion of its onshore services in Taiwan (Banqiao IDC, Chunghwa Telecom) is a key part of the company’s growth strategy, as it seeks to provide clients with low latency and robust service connectivity solutions to exchanges across the region.
With the onshore expansion, Options Technology believes it is well-positioned to meet the growing demand for
Broadridge Financial Solutions has expanded its partnership with Linedata, a global provider of asset management and credit technology data and services, by integrating its NYFIX Matching solution directly with Linedata’s Order Management System (OMS).
Linedata Longview OMS clients will benefit from Broadridge’s NYFIX Matching solution, enhancing Linedata’s post-trade matching capabilities.
In addition, the integration offers mutual clients an alternative to other trade lifecycle processors.
The companies say that Linedata clients and corresponding brokers will “gain cost efficiencies with this straightforward yet robust workflow solution” as a result of the integration.
Eamonn Greaves, Managing Director, SS&C Technologies discusses the drivers behind the trend towards lift-out outsourcing arrangements and the factors managers mulling such a move should keep in mind.
Minal Bathwal was a stand-out performer at Brevan Howard in March, making money as market turmoil saw the macro trading firm’s flagship fund rack up its largest monthly loss since 2003, according to a report by Bloomberg.
China-based hedge funds Shanghai Bull Asset Management and Shanghai Silver Leaf Investment Co have both booked big returns by exiting lucrative trades on the country’s property bonds, according to a report by Bloomberg.
Hedge funds have increased their bets against TD Bank Group with short positions against the Canadian lender rising by 45% over the past two weeks to reach $6.1 billion on Wednesday, according to a report by Reuters.
The report cites calculations by data provider ORTEX, as revealing that around 5.5% of TD’s outstanding shares are out on loan to hedge funds betting against the company, while the second-most shorted bank stock, Bank of America, only has $2.9 billion, or 1.2%, worth of short bets.
Analysts are attributing the increase to TD’s planned acquisition of US lender First Horizon, which has
Shanghai Qianxiang Asset Management, a quant hedge fund based in mainland China, is among a number of funds setting up shop in Hong Kong for the first time in a bid to satisfy Chinese investor demand for US dollar-based products and international exposure, according to a report by Reuters.
The ‘fund-flight’ to Hong Kong first began last year following the ending of years of Covid lockdowns with at least eight mainland-based funds having set up operations in Hong Kong in the past six months, according to Reuetrs, and more than 10 others reportedly planning to follow suit.
Shanghai Qianxiang Asset
Hedge fund majors Millennium Management and DE Shaw are both actively hiring technologists in India with a focus on data scientists and data engineers as they ramp up operations in the country, according to a report by ET CIO.
New York-based Millennium, which has over $58 billion in AUM, reportedly has 30 roles open in Bengaluru for technologist, including data engineers, to work in the firm’s fixed income and commodities team.
DE Shaw meanwhile, which manages more than $60 billion in assets, and has recently opened new offices in Bengaluru and Gurugram housing over 300 employees, is also looking for
The Managed Funds Association, the association for the global alternative asset management industry, has opened its first UK office in London, which will be led by James Martin as managing director, head of UK government affairs.
The macro-economic environment is driving investors to batten down the hatches in an effort to preserve capital. Greg Branch, Partner and CIO at SCIO Capital details what this defensive stance means for investors.
