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Dynamo Software, Inc, a market-leading provider of end-to-end cloud software for the alternative investment management industry, is growing its executive leadership team with the addition of three new hires.
EEX Group is entering the Voluntary Carbon Market (VCM), with a product suite addressing the increasing demand from corporates which seek to offset or neutralise their carbon footprint.
Leveraging on its considerable experience in global carbon markets, EEX Group intends to bring enhanced levels of standardisation, transparency and security to the Voluntary Carbon Market.
The Voluntary Carbon Market allows carbon emitters to offset their emissions by purchasing carbon credits generated by projects targeted at removing, or reducing carbon emissions. The EEX Group VCM contract suite will cover four different products, aimed at striking a balance between standardisation, on the
Hedge fund Millennium Management has continued the expansion of its technology team with the appointment of Leon Stiel, Citi’s global head of cross asset ETF technology, as head of equities risk technology based in New York, according to a report by eFinancialCareeers.
Stiel’s appointment is part of Millennium’s build out of its tech team under CTO Vlad Torgovnik in New York, London Singapore, Dublin, Hong Kong, and Tel Aviv, as well as a new technology hub in Miami.
The hedge fund is currently hiring quantitative researchers and machine learning specialists to work on its systematic equities team.
Persistently high inflation around the world has prompted a revival in the fortunes of commodity funds, according to a report by The Financial Times.
The report says that data from Citi reveals that after years being largely out of favour with investors, funds investing in raw materials such as oil and wheat drew in net inflows of $38.7 billion in the year to 10 May.
Commodity prices have soared this year as pandemic supply chain disruptions were compounded by a squeeze on oil and gas supplies over the winter, pushing the broad S&P GSCI index in March to its highest
Andra Ofosu, founder of Black Hedge Fund Professionals Network and director, US SALES, Aspect Capital, speaks on the diversity, equity and inclusion challenges in the hedge fund industry and advises on solutions for improvement.
An all-time record number of market participants are holding large open interest positions in FX futures, while interest in equity futures is growing strongly 100 days out from the final phase of the Uncleared Margin Rules (UMR), according to data from CME Group.
As of 10 May, CME Group saw a record in holders of large open positions in FX futures of 1,312, which followed the all-time level of open interest in FX futures and options of over three million contracts (~$290 billion notional) earlier in the month. Asset manager adoption led the growth surge, with their positions growing by
With EU sanctions on Russian exports likely to lead to an increase in oil shortages, hedge fund investors have turned significantly more bullish on crude prices, according to a report by The Financial Post.
Hedge funds and other money managers purchased
The equivalent of 56 million barrels of the six primary petroleum-related futures and options were purchased by hedge funds and other money managers in the wedge ended 17 May.
The reports says that records published by ICE Futures Europe and the US CFTC reveal that funds the sending spree has seen funds purchase petroleum at the fastest rate for
Transaction Network Services (TNS) has launched its popular Managed Hosting and Colocation offering in Madrid, which is set to benefit financial market participants looking to access Spain’s principal stock exchange, Bolsas y Mercados Españoles (BME).
This is TNS’ first deployment in Spain and joins Frankfurt, Germany and Bergamo, Italy as the organisation’s third Managed Hosting and Colocation venue in mainland Europe. It is the seventh site in Europe for TNS with Basildon, LD4, Interxion and LSE in the UK. The announcement underpins TNS’ commitment to investing in its European infrastructure.
The TNS offering provides lower overall costs compared to a
Manhattan Crypto Capital (MCC) is launching a private crypto investment fund that boasts the fastest-growing, highest-yielding assets with high performance in hard and soft assets.
Built by a seasoned investor, this fund connects verified accredited investors with disruptive managers. With this fund, iMCC is aiming to provide investors with high yield returns with minimum downside risk from crypto and blockchain assets.
Manhattan Crypto Capital founder Zaid Khan started investing in stocks at the age of 16, and later became a pioneer in digital investing before he turned 30. Thanks to his background in investing and his experience in cryptography, he
New analysis from ETP provider GraniteShares reveals that on 19 May, 2022, Cineworld Group, the world’s second-largest cinema chain, was the most shorted UK-listed company.
Some 8.2% of its stock was held short by five investment firms, with New Holland Capital LLC holding the largest short position with 2.42% of the company’s shares.
The next most shorted UK listed companies were ASOS PLC, Dixons Carphone PLC and BOOHOO.com with 7.2%, 6.4% and 6.2% of their stock held short by 8, 6 and 7 investment firms respectively.
Short positions on UK listed companies of any investment firms with 41. This
