Latest News
TransFICC, a specialist provider of low-latency connectivity and workflow services for fixed income and derivatives markets, has launched a new eTrading service, which combines a hosted desktop GUI with interest rates swaps (IRS) venue and workflow integration, pricer API, server hosting and secure connectivity.
Bridgewater Associates founder Ray Dalio has negotiated an exit package worth ‘billions’ of dollars as part of his decision to retire form the day-to-day running of the business last year, according to a report by the New York Times.
With market conditions for US stock-pickers becoming more favourable, hedge funds are positioning accordingly by ramping up their use of leverage as they look to reap gains from outperforming stocks, according to a report by Bloomberg.
Trading Technologies International, a global provider of professional trading software, infrastructure and data solutions for hedge funds, proprietary traders, brokers, money managers, and CTAs, has partnered with Eurex Frankfurt to offer direct access to the Eurex EnLight selective request-for-quote (RFQ) solution from within the TT platform.Â
State Street Corporation has appointed Taryn Siglain as the firm’s global head of enhanced custody, its principal securities lending programme, with responsibility for developing and driving the strategy, and delivering solutions to clients. Siglain will report to Gino Timperio, global head of financing solutions for State Street Global Markets.
Siglain brings a wealth of experience in the financial services industry to her new role at State Street.
Most recently, she worked for Morgan Stanley where she held a variety of leadership roles over her more than 15-year career including head of Americas secured funding trading and collateral optimisation.
Digital asset investment products saw outflows totalling $32 million last week, the largest total since late December 2022, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Mid-way through last week the outflows were much higher at $62 million, but sentiment improved by Friday.
Bitcoin bore the brunt of the negative sentiment, seeing nearly $25 million of outflows, while short-bitcoin investment products saw inflows of $3.7 million.
Blockchain equities saw inflows totalling $9.6 million last week and have now seen six consecutive weeks of inflows.
Australia-headquartered multi-asset prime broker Invast Global has added to its executive team with the appointment of Johan Koo as director and head of prime services APAC (ex-Japan). He is based in the firm’s office in Sydney.
BNP Paribas Asset Management has created a new systematic portfolio management team – SQI – to complement its fundamental portfolio management capabilities in equities, fixed income and multi asset, which will be led by Robinson Rouchié.
Durlston Partners, a talent advisory firm specialising in technology, quantitative finance, and data science and catering for the needs of hedge funds, family offices, digital asset firms and banks, has appointed Shannon Palmer as head of business strategy and operations.
Paradigm Governance Partners, a governance and financial services firm with a presence in the Cayman Islands and New York, has added two experienced independent directors to its growing governance team.
