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Warsaw Stock Exchange (GPW) has partnered with M-DAQ to co-develop a proof-of-concept that allows investors to view real-time prices of stocks from WIG20 and mWIG40 indices in 10 different currencies.
With this new solution, GPW seeks to help brokerage firms and international investors manage their Polish portfolios more effectively, while expanding the investor base for companies listed on GPW.
Currently, foreign exchange rates are determined once a trade is executed. A multi-currency trading solution will allow investors to view and track securities in multiple currencies while considering risks caused by foreign exchange movements.
AEGIS Hedging Solutions’ (AEGIS) application to form a registered Swap Execution Facility (SEF) has entered the final phase of approval with the Commodity Futures Trading Commission (CFTC).
AEGIS SEF, a regulated subsidiary of AEGIS, will operate in compliance with rules introduced under the Dodd-Frank Act to improve transparency in derivative transactions.
The (CFTC) lifted the stay on AEGIS SEF’s application on 20 May, indicating substantial completion and adherence to all applicable regulations, reporting, and oversight requirements. Assuming typical progressions, AEGIS SEF anticipates being fully operational early in the third quarter.
In accordance with open access requirements, AEGIS SEF will be
Hedonova, an alternative assets hedge fund, is raising a strategic series A1 funding round of $18.4 million at a $330 million valuation from Chemie-Tech DMCC, a UAE based engineering and construction company.
Chemie-Tech’s investment will strengthen Hedonova’s data centre investing and equipment finance business, and comes on the heels of Hedonova’s recent $3 million investment in the alternative investment management firm, Alts.
Hedonova is a unique hedge fund that is working to make investing in modern assets more accessible and convenient. The hedge fund offers its investors access to over twelve alternative asset classes through a single diversified fund, and
Exabel, an alternative data analytics platform for investment teams, and Databoutique.com, an intel platform by RE-Analytics research firm, have formed a partnership to create the Luxury Goods Sales Estimates Insights Platform.
The Luxury Goods Sales Estimates Insights Platform will give portfolio managers and hedge funds online sales estimates for luxury goods brands with product and brand-level detail, several weeks earlier and with deeper granularity than that which is commonly reported by the industry.
The platform delivers user-friendly dashboards, visualizations, KPI monitoring capabilities and enables investors to spot trend shifts in the online luxury goods market.
Coremont, the operational support platform for investment managers that spun out of Brevan Howard in 2018, has hired Chaim Hack as its new head of business development.
CME Group and CF Benchmarks are planning to launch two new, non-tradable, euro-denominated reference rates and real-time indices for bitcoin and ether, which will be calculated and published daily by CF Benchmarks, beginning 6 June.
Each reference rate will provide the euro price for each of the digital asset pairs, published once-a-day at 4pm London time, while each respective real-time index will be published once per second, 24 hours a day, 365 days per year. The indices are: the CME CF Bitcoin-Euro Reference Rate; CME CF Bitcoin-Euro Real-Time Index; CME CF Ether-Euro Reference Rate; and CME CF Ether-Euro Real-Time Index.
Responsible investment specialist CCLA Investment Management has appointed Ben Funnell as head of investment solutions.
Funnell joins CCLA from Man Group (and formerly GLG Partners before the acquisition), where he worked as Chief Equity Strategist and then Portfolio Manager for both equity and multi-asset funds. Prior to this, he was at Morgan Stanley for eleven years as a multi-award winning European Equity Strategist and sat on the global asset allocation committee for the Private Wealth Management business.
In his new position at CCLA, Funnell will be responsible for guiding investment strategy, conducting economic analysis and setting CCLA’s approach to
Witherspoon, an asset manager specialising in liquid alternative investments, has integrated AlternativeSoft’s Portfolio Construction module into its asset management platform, creating a powerful decision-making platform for alternatives.
AlternativeSoft provides a platform for institutional investors to make better investment decisions with their optimization engine and risk management modules. With the integration of AlternativeSoft, investment professionals have a powerful solution for evaluating and allocating to alternative investments. At the same time, users can leverage powerful APIs to easily integrate with third-party systems and generate sophisticated reporting for clients.
Witherspoon offers a boutique investment experience for family office investors seeking exposure to commodities
Talos, an institutional digital asset trading technology provider, has made four new key hires: Pamela Lee as head of APAC sales, Karan Dalwani as director of customer success for APAC, Phillip Beasley-Harling as VP of engineering for EMEA, and Conor Shea as head of marketing and communications.
These appointments come on the heels of the company’s $105 million Series B funding round, which valued Talos at $1.25 billion.
Lee comes to Talos from LMAX Group, where she was head of partnerships and the company’s APAC crypto business development lead.
Dalwani comes to Talos with 15 years of experience in a