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Cryptocurrency exchange KuCoin has partnered with Talos, a provider of institutional digital asset trading technology. The partnership will allow KuCoin to streamline institutional access to digital assets and further expand the capabilities of its user base.
Beeks Group has launched a new offering combining its on-demand compute service with ICE Global Network’s (IGN) hosting and data access capabilities to offer clients an end-to-end solution. IGN is part of ICE Data Services, a division of Intercontinental Exchange (NYSE: ICE).
The successful collaboration between IGN, which provides high quality content, delivery and execution services through an ultra-secure, highly resilient network, and Beeks Group’s Exchange Cloud provides a pre-integrated market-leading solution with security at the forefront.
IGN can now deliver additional value to their clients with Beeks Group’s Exchange Cloud infrastructure, compute and analytics offering private cloud services at
HFR’s Fund Weighted Composite Index – a broad-based index tracking the monthly returns of some 1400 single manager hedge funds across all strategy types – remains negative at -3.95% over the eight-month period to the end of August, as long/short equity hedge funds’ year-to-date losses hit double-digit territory.
Hedge funds have had their biggest trading week in a year, in terms of notional trading volume, placing aggressive equity bets, both long and short, according to a report by Bloomberg.
Unprecedented turmoil in the European energy markets has helped former Enron Corp trader Ulf Ek chalk up a 50 per cent return for his hedge fund so far this year, according to a report by The Star.
Nothlander Commodity Advisors’ $423 million strategy jumped by more than 11% in August alone as the fund benefitted from big swings in the prices of natural gas and power.
And the report cites an investor letter as revealing that Ek is optimistic the fund can continue its positive performance with the chief investment officer writing that he expects the fund’s “good fortunes over
Hopewell Wood, the former chief executive officer of Glen Point Capital, has left her position as president at hedge fund Commonwealth Asset Management, following the arrest of Glen Point co-founder Neil Phillips last week, according to a report by Bloomberg.
Two filings with the SEC have revealed the structure of Brevan Howard’s new cryptocurrency hedge fund, which having raised more than $1 billion, is the world’s largest crypto hedge fund, according to a report by Crypto Times.
Acadia, a provider of integrated risk management services for the derivatives community, has nboarded over 1,000 counterparty groups covered by Phase 6 of the Initial Margin (IM) rollout of Uncleared Margin Rules (UMR) onto its AcadiaPlus platform.
Nearly 900 firms are actively monitoring their regulatory IM exposure and set up for Acadia’s IM Threshold Monitor (IMTM). Over 200 firms have signed up for IM Exposure Manager (IMEM) for the calculation and reconciliation of IM exposure, leveraging either the ISDA SIMM or schedule method. Acadia expects these firms will go live over the next 90 days, with over 50 of these
Apex Group has acquired Prometa Fund Support Services Inc (Prometa), a Canada-based provider of fund services to clients in Canada, the United States, and Bermuda, including hedge funds, LSVCCs and mortgage investment corporations.
Prometa administers over $28 billion in assets for approximately 50 fund companies representing more than 180 funds and approximately 225,000 individual investors.
The acquisition of Prometa will strengthen Apex Group’s presence in the Canada, adding 16 employees based in Winnipeg, supplementing the Group’s existing offices in Toronto, Ontario and increasing its overall Americas headcount to over 1,000 people. In addition to the acquisition of Prometa, Apex
The Winton Group, a London-based hedge fund founded by billionaire quant investor David Harding in 2007, is looking to recruit a cryptocurrency expert, perhaps signalling that the company is expanding onto the digital assets space, according to a report by Financial News.
