Latest News
Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, has launched the Spotlight Dealer Diversity Program, designed to promote diverse dealers on the Tradeweb platform.
Developed collaboratively over the past year with feedback from members of the buy-side and dealer communities, the Spotlight Program supports the advancement of Tradeweb’s diverse dealer community through a combination of individual dealer profiles, direct consultation and other promotion programs designed to bring more visibility to diverse dealers operating in electronic markets.
In addition, Tradeweb has enhanced its request-for-quote (RFQ) trading workflow to more prominently expose diverse dealer liquidity
RealBlocks, an alternative investments platform that enables global distribution capabilities for fund managers, has appointed Ashish Mittal as chief technology officer.
Mittal joins RealBlocks with more than 20 years of experience working as a fintech engineer and a leader in technology within the financial services industry. Most recently, he was at American Century Investments where he was responsible for investments management, operations and compliance technology.
Mittal will be focused on technology and product engineering for the RealBlocks alternative investment management platform. He will help oversee the design, development and engineering of the RealBlocks platform, which incorporates leading technologies like blockchain,
Ken Griffin is relocating his $51 billion hedge fund Citadel from Chicago to Miami having voice concerns over rising crime rates in the Windy City, according to a report by The Financial Times.
The FT cites an email sent to employees by the firm’s billionaire founder which describes Miami as a “growing metropolis that embodies the American dream”. Griffin recently moved there with his family and now his hedge fund and market-making firm Citadel Securities are to follow suit in what will be a multi-year transition.
The FT says that while Griffin’s email did not explicitly blame crime as the
Aaro Capital, a DLT and cryptoassets investment specialist, has made three senior hires in its London office.
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,
