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Acuity Trading has launched a newt online trading tool and broker offering, AssetIQ, a centralised multi-asset research experience, bringing together fundamental, technical, sentiment and alternative data viewpoints in a bid to deliver a deeper understanding of what is driving individual asset performance.
AssetIQ goes beyond data visualisation by utilising Acuity’s AI technology to analyse these multiple, disparate data sets to deliver a single and concise Opportunity Score for every asset. Each Opportunity Score is ranked against other assets in the same group or class so traders can understand the strength of the opportunities presented.
This multi-indicator is aimed at
Industrials stocks topped the ‘most-shorted’ rankings in August, ending the month accounting for 22.98% of total short activity in Europe, having reached their highest level in two years on 18 August at 26.57%, according to latest monthly pan-European short position data from SEI Novus.
Investors have been shaken out of their collective comfort zone and forced to look for alternative sources of yield as the conventional 60/40 portfolio model is challenged and market returns in traditional asset classes dwindle. Opportunity persists in the volatility, macro and CTA spaces but investors can expect to begin paying more for pure alpha.
Man Group has appointed Rob Leach as Global Head of Capital Markets and portfolio manager at Man GLG, a new role for the firm. Leach joins the firm from Jefferies where he was Head of EMEA Equity Capital Markets.
New York-based hedge fund Perceptive Advisors, has agreed to pay a $1.5 million penalty to settle SEC charges that it failed to disclose conflicts of interest regarding certain special acquisition Companies (SPACs).
According to the SEC, in 2020, Perceptive advised its clients to invest in a series of SPACs that were sponsored by a private fund that Perceptive advised without disclosing the connection.
As well as a the monetary penalty, Perceptive has agreed to a cease-and-desist order and a censure to the settle the charges, without admitting or denying the SEC’s findings.
According to the SEC’s order Perceptive, which was
Digital asset investment products saw minor inflows totalling $9.2 million, according to the latest Weekly Fund Flows Report from CoinShares, although the predominant inflow was into short investment products.
Bitcoin saw outflows totalling $11 million, representing the fourth consecutive week of outflows, at a total of $70 million.
Short-Bitcoin investment products meanwhile, saw a record $18 million in inflows last week bringing total AuM to a record $158 million.
Altcoins saw minor inflows, notably from Solana and Avalanche which each saw inflows totalling $0.5 million.
The Commodity Futures Trading Commission has issued an order filing and settling charges against Natixis, requiting the global bank and swap dealer to pay a $2.8 million penalty for failure to diligently supervise traders on the bank’s New York-based Interest Rate Derivatives Desk (IRD Desk) and its Equity Derivatives Flow and Solution Trading Desk (FAST Desk).
The traders on the IRD Desk and FAST Desk separately engaged in misconduct by mismarking their positions for the purpose of either inflating profits and minimising losses, or to “smooth” out returns, respectively.
As well as the penalty, Natixis is required to cease and
Cboe Global Markets is to launch the Cboe One Canada Feed, a new real-time market data solution that provides high-quality Canadian equities reference quote and trade information, on 12 September.
Through a single consolidated feed, the feed will offer a complete and comprehensive view into the Canadian market with coverage of all Canadian stocks and exchange-traded products.
The Cboe One Canada Feed is Cboe’s first Canadian data offering following the company’s recent expansion into the country with its acquisitions of NEO, a Toronto-based stock exchange operator, and MATCHNow, Canada’s largest equities alternative trading system (ATS). The new data offering
21.co, the parent company of 21Shares, a global issuer of cryptocurrency exchange traded products (ETPs), has raised $25 million in a funding round led by hedge fund Marshall Wace. The round values the business up to $2 billion, making 21.co Switzerland’s largest crypto unicorn.
With this round of financing, 21.co will continue to drive rapid, targeted growth through first-of-their-kind products, key market expansions and strategic talent acquisitions. Other investors in the round include Collab+Currency, Quiet Ventures, ETFS Capital and Valor Equity Partners.
This round was the company’s first raise in over two years. The company ended 2021 on a nine-figure revenue
Capstone Investment Advisors (Capstone), a global alternative investment management firm, has extended its global presence into Asia with the opening of a new office in Hong Kong headed by Alain Bordoni who has been appointed Chief Operating Officer.
