Latest News
TS Imagine, a specialist in trading, portfolio and risk management solutions for capital markets, has successfully connected with Coinbase Prime, a prime broker for digital assets, to offer institutional clients a fully regulated path to trade cryptocurrencies.
Horizon Software trading platform is now supporting AMC (Actively Managed Certificates).
Horizon is enhancing its capabilities to enable clients to manage the whole AMC trading lifecycle, including: AMC Product Definition, including ability to handle live updates
Cross-asset instruments – equities & derivatives, FX, FI, Commos & Cryptos; AMC Pricing, leveraging our Basket Pricer
AMC Quoting, based on our market making automaton; AMC Hedging and Rebalancing, thanks to our OMS, hedging engine and market standard FIX Engine; and business logic customisation, with its flagship Algo Framework.
The new AMC platform is designed with a combination of our proven software components currently
Linedata, a global provider of asset management and credit technology data and services, Linedata Accumen, a suite of new web-based portfolio management features powered by Linedata’s Asset Management Platform (AMP).
Acumen has been built to work seamlessly alongside Linedata Longview Trade Order Management System (OMS). With Linedata Accumen, asset managers can now quickly monitor, organise and manage their growing portfolio from any location or device.
As asset managers are under increased pressure to grow their book of business, they often struggle with the challenges that come with managing a larger number of portfolios, such as inefficient individual reviews and
CME Group’s FX Link volume reached a new, single-day record of 82,900 contracts (representing over $7.2 billion in notional value) on 16 June. The prior FX Link daily volume record was 77,146 contracts on 10 March, 2020.
In addition to the overall volume record, FX Link achieved a new single day record in USD/JPY of 26,677 contracts, representing over $2.5 billion in notional. In June 2022, FX Link average daily volume (ADV) has grown to over 43,000 contracts per day, up from nearly 15,000 contracts per day during June 2021.
SDX Web3 Services – a new service portfolio from SIX Digital Exchange (SDX) – is providing a range of offerings specifically conceived for institutional clients.
SDX Web3 Services will support the safe and secure adoption by financial institutions of the next iteration of the World Wide Web, one that is based on blockchain technology and decentralised applications. Initially, SDX Web3 Services will include cornerstone products for digital assets including custody and non-custodial staking.
SDX Web3 Services are targeted at the institutional client segment and will initially focus on the most prominent applications of Web3: cryptocurrencies, NFTs and other asset
DKK Partners, an emerging markets (EM) foreign exchange (FX) liquidity provider, has announced a major global expansion as the company’s revenues surpass £63 million – up from £3 million in the previous year.
The record growth, fuelled by demand for DKK’s suite of services, including FX risk management, access to deep liquidity pools, and local collections, will see four new offices opened overseas in the Middle East and across Pan Africa in addition to the company’s headquarters in Mayfair, London. As well as the opening of new local offices, the team has increased its headcount from five to 15 full-time staff,
Some computer-driven quant funds are benefitting from the current turmoil in the cryptocurrency markets, according to a report by The Financial Times.
Despite trillions having been wiped from the total value of cryptocurrencies recently causing many investors and funds to incur big losses, some algo-driven funds have banked big returns on the declines in the value of major cryptocurrencies including bitcoin, ether and luna.
The report cites Lehman Brothers and Morgan Stanley trader Jay Janer, the founding partner of KPTL Arbitrage Management in the Cayman Islands, as being among the group of investors to have benefited.
Jahner’s Appia fund banked
CME Group is to expand its suite of long-term interest rate products to offer the first-ever 30-Year Uniform Mortgage-Backed Securities (UMBS) TBA futures contracts on 3 October, pending regulatory review.
The 30-Year UMBS TBA futures contracts will be fulfilled by delivery of TBAs cleared by the Fixed Income Clearing Corporation’s Mortgage-Backed Securities Division, a subsidiary of The Depository Trust & Clearing Corporation (DTCC). The contracts will offer mortgage lenders, issuers, servicers and other participants an exchange-traded and centrally cleared tool for price discovery and risk transfer. The futures will represent 30-year residential mortgages pooled into UMBS products backed by Fannie
BNP Paribas (BNPP) has appointed John Jenkin as head of prime services technology.
Jenkin joins the bank from JP Morgan where he worked as head of prime finance technology and brings with him over twenty years’ experience within global business critical technology. He is based in London and reports to Adalbert de Broglie, CIO Global Markets at BNP Paribas.
This newly created role will align prime services technology further with the prime service business unit, led by Ashley Wilson (head of prime services, global equities). This demonstrates the bank’s commitment to the growth of prime services within the wider
FalconX, a digital assets platform for institutional investors, has raised $150 million in a Series D financing round, valuing the company at $8 billion.
