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Trading Technologies International (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and Talos, a provider of institutional digital asset trading technology, have partnered to substantially and rapidly broaden TT’s cryptocurrency offering on a global basis by leveraging the Talos infrastructure and market connectivity from directly within the TT platform.
The agreement represents the first major strategic partnership propelling TT’s expansion into multiple asset classes, including cryptocurrencies, and provides a significant opportunity for TT’s global customer base to access Talos’ extensive, market-leading cryptocurrency trading solutions.
Announced at the International Derivatives Expo (IDX) in London, the first
ED&F Man Capital Markets’ OptionsLive, a trading application for Chicago Mercantile Exchange (CME) Interest Rate Options, has released Secured Overnight Financing Rate (SOFR) Options Trading algos and analytics for institutional clients including, banks, hedge funds, FCM’s and asset managers.
The addition means OptionsLive is one of the first movers in the industry to provide algos and analytics around SOFR Options Trading as the market transitions away from US dollar LIBOR-linked futures and options, before they are phased out in mid-2023.
OptionsLive gives traders and brokers the entire suite of CME Interest Rate Futures, including Treasuries, Eurodollars and now SOFR,
Dan Sundheim’s D1 Capital Partners, a hybrid hedge fund that bets on both public and private companies is down 22.5% so far in 2022, according to a report by Bloomberg.
The fund’s biggest share class, which invests half of its assets in equities and the rest in startups, lost 4% last month, with its portfolio of stocks falling 13%.
According to unnamed sources quoted in the report, D1’s public market portfolio has fallen 44% so far this year, while its book of closely-held companies is down by 8%,
Digital asset investment products saw inflows totalling $87 million last week, pushing year-to-date inflows just past the half a billion mark to $0.52 billion, according to the latest CoinShares weekly digital asset fund flows report.
Bitcoin saw inflows totalling $69 million, bringing year-to-date inflows to $369 million although, due to price weakness, total assets under management (AuM) are now at their lowest point since July 2021.
Short bitcoin saw inflows totalling $1.8 million last week suggesting the market hasn’t completely shrugged off its bearish undertones.
Algorand, the defi focussed protocol, saw record inflows last week totalling $20 million.
The Alternative Investment Management Association (AIMA), in partnership with Cowen, has published a new report presenting an analysis of the global emerging hedge fund manager community.
The report, ‘Emerging Stronger: The Next Generation Manager Survey 2022’ is informed by two surveys: one of emerging managers running up to $500 million in assets under management (AuM), and another of the investors that allocate to them.
The research revealed a community of hedge fund managers that have weathered the recent macro-economic turmoil and have emerged hardier and more resilient than before.
This has been achieved by slashing costs where possible (for
Accelex, a SaaS platform for alternative investment data, has made two key additions to its global sales team – Simon Tang has joined the company as its new director of business development in North America, and Marco Loiacono as the new director of EMEA Sales, based in London.
Each will be responsible for expanding and servicing Accelex’s growing client base of asset owners, asset servicers, fund of funds, secondaries investors and advisors in their respective regions.
Prior to joining Accelex, Tang spent nearly a decade as a director at CEPRES, a private markets data and analytics firm, where he
Part 3 – Regulatory reporting
For any Alternative Investment Fund Manager (AIFM), the main factors that define the success of their business will be the amount of capital they are able to raise and the performance of the funds that they manage.
JP Morgan Asset Management has held the final closing of its Lynstone Special Situations Fund II (Lynstone Fund II), with $2.4 billion in capital raised from a broad set of institutional investors comprised of pension funds, insurance companies, foundations endowments and wealth managers across the Americas, Europe, Australia and Asia.
Lynstone Fund II is investing in stressed, distressed, and event driven situations in European and North American private and public markets across the capital structure, where underlying assets are potentially discounted due to illiquidity or market disruption and where an event or catalyst has the strong potential to drive a
Tech-focused growth hedge fund Tiger Global is now down over 50% so far in 2022 having lost 14.2% in May alone, according to a report by Fortune.
The report cites an investor letter as revealing that founder Chase Coleman’s flagship fund upped its positions in a number of tech stocks including Snowflake, Carvana and Sea earlier in Q4, before the tech stock sell-off accelerated.
Tiger Global reportedly attempted to stem losses in May by selling out of tech companies including AirBnB, Bumble, Netflix and Peloton.
Torstone Technology, a global SaaS platform for post-trade securities and derivatives processing and risk management, has appointed Yasuaki Hayashi as Senior Japan Representative.
Hayashi-san brings over thirty years of experience in the brokerage and investment banking industry, with significant expertise in establishing and growing businesses in Japan. He joins Torstone from Interactive Brokers, where he was Head of Japan, and helped to set-up the firm’s Japanese business in 2008. Prior to that, Hayashi-san was Operations Director at Liquidnet, where he set up the firm’s Japanese business.
