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Overbond, a provider of AI analytics and trade automation solutions for the global fixed income markets, has partnered with TMX Group, an operator of global markets and provider of market data and analytic solutions, to integrate CDS FIPS settlement-layer Canadian bond data into Overbond AI fixed income trading tools and analytics.
This integration directly addresses the data challenges facing Canadian asset managers when they are pricing Canadian bond portfolios, structuring and rebalancing new portfolios, and seeking to construct and use pricing and liquidity time series.
The Overbond-TMX partnership gives both Overbond and CDS FIPS users access to the deepest coverage
Citadel Securities the market-making firm set up by hedge fund boss Ken Griffin, is to launch its fixed income offering in Japan following the opening of a new office in Tokyo, according to a report by SWFI.
The firm now has 15 offices across North America, Europe, and Asia Pacific.
Following its recent registration as a Type 1 Financial Instruments Business Operator, Citadel Securities can now offer liquidity in US fixed income products, including US Treasuries and USD interest rate swaps, in the Japanese market. Operations are set to commence under the supervision of Japan’s Financial Services Agency as soon
New data from Preqin suggests that stock-picking hedge funds are set to record their worst performance in 10 years, according to a report by Reuters, with cumulative returns having dropped 12.24% in the 12 months ending 31 July.
Year to date for 2022 the cumulative returns for stock-picking hedge funds are down 11.42%.
The report says that the growing risks of a global recession, rising interest rates, and soaring inflation have all combined to create an “uncertain market backdrop” with the S&P 500 stock index down 16% so far this year and heading for its worst annual performance since 2008.
Optiver has become a trading member on the Vienna Stock Exchange. The company is one of the leading market making institutions and operates globally with offices in Amsterdam, London, Austin, Chicago, Sydney, Taipei, Hong Kong, Shanghai, and Singapore.
Optiver was founded in 1986 in the Netherlands and has over 1,600 employees worldwide.
A total of 65 members, including 23 Austrian and 42 international banks and securities firms, are currently admitted to trading on the Vienna Stock Exchange. The top market participants in the first half of 2022 were: Morgan Stanley & Co (13.48%), JP Morgan SE (7.47%) ahead of BOFA Securities Europe SA (6.98%).
Over seven in ten investors (72%) say they are inclined to consider Absolute Return funds as part of their overall asset allocation, given the market conditions observed so far in 2022 and the increased correlation between the traditional asset classes of equities and fixed income.
The findings, from a survey commissioned by Fulcrum Asset Management, point to an increasing interest in the asset class. Four in five (80%) respondents said they already had some Absolute Return exposure, and when asked about their asset allocation intentions over the next six months 70% said they planned to either increase exposure to Absolute
Caravel Capital Fund, an event-driven market-neutral hedge fund based in Nassau, The Bahamas. is now open to accredited US investors following the appointment of Genesis Fund Services Limited as the fund’s administrator.
Selecting the right technology partner is one of the biggest challenges for fund managers wishing to enter the digital assets space. What are the key considerations when selecting a platform to access liquidity in the coins that clients want to trade? How easy is it to connect an existing platform to a digital assets platform for execution, clearing and settlement, and what are the potential pitfalls to be aware of?
As both public and private markets enter a period of turbulence and drawdowns, hedge funds are set to prove popular with investors in the second half of 2022, as the recession and geopolitical volatility all play to the industry’s advantage.
ED&F Man Capital Markets has assisted its customers and the CME in completing the first CME BTC/EUR and ETH/EUR futures block trades on market open, Sunday, 28 August.
The regulated crypto derivatives markets continue to evolve rapidly and, with products such as these new Euro-denominated BTC and ETH futures, investors, traders, risk managers and others have expanded capacity to take on and manage crypto market exposures. The launch of these new CFTC regulated futures contracts is another positive signal that the crypto currency markets are gaining institutional acceptance.
CME’s BTC/EUR and ETH/EUR futures are cash settled and traded
Ebury, a global provider of transaction payment solutions, is increasing its presence in the alternative investment sector to meet growing demand for better, more focused services as an alternative to traditional banking providers.
