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Cboe Global Markets, a provider of global market infrastructure and tradable products, has appointed Stephen Berte as President of its BIDS Trading unit, effective 4 April, 2022.
Berte has nearly twenty years of experience in equity trading and is joining BIDS from Tourmaline Partners, where he was a Managing Director and founded and led its Boston office.
Berte started his career in equity trading with Standard Life Investments in Boston where he was Head of Equity Trading for the Americas and Asia Pacific, before becoming Global Head of Equity Trading, based in Edinburgh. He then went on to become Head
Alternative assets data, tools, and insights specialist Preqin, has published its H1 Investor Outlook for 2022, with represents the views of more than 350 LPs, interviewed in November 2021, investing across alternative assets — breaking down investor sentiment in the following categories: ESG, private equity, venture capital, private debt, hedge funds, real estate, infrastructure, and natural resources.
BNP Paribas Asset Management (BNPP AM) has appointed Nadia Grant as Head of Global Equities.
Based in London, Grant will report to Guy Davies, CIO, Fundamental Active Equities.
In her new role, Grant will be responsible for BNPP AM’s Global Equity team based in London and Paris. Her career spans 22 years and she joins from Capital Group, where she was a portfolio manager within the Capital Solutions Group responsible for global multi-asset solutions. She was previously Columbia Threadneedle’s EMEA-based Head of US Equities, prior to which she held various portfolio management roles at JP Morgan Asset Management. She began
Despite increases in the the price of commodities helping Brazilian assets lead global gains this year, one of the country’s biggest independent hedge funds is predicting that there may be trouble ahead, according to a report by Bloomberg.
With Brazil’s next presidential election is looming large in October this year, Legacy Capital Gesture de Recurso Ltda, whose Legacy Capital FIC fund has outperformed 97 per cent of peers this year, says that whoever wins will face a bleak outlook for Latin America’s biggest economy.
The report quotes founding partner Felipe Guerra as saying that Brazil is facing so many problems
MEMX, a market operator founded by a diverse group of participants to benefit all investors, is to launch a US options exchange.
Prime brokers report cuts to long and short positions in a ‘nowhere to hide’ market.
Prime brokers are reporting cuts to both long and short position in US equities by their hedge fund clients as managers look to mitigate the impact of big swings in US markets brought on by Russia’s invasion of neighbouring Ukraine.
According to a report by The Financial Times, fund clients of some of the largest Wall Street banks, including Morgan Stanley, Goldman Sachs and JPMorgan Chase, have moved rapidly to close out bets on either rising or falling prices in what Charlie McElligott, a strategist
Trading Technologies International, a provider of professional trading software, infrastructure and data solutions, has acquired RCM-X, a technology provider of algorithmic execution strategies and quantitative trading products.
TT made the announcement at a session with leaders of many of the largest global financial institutions on the first day of the 2022 International Futures Industry Conference in Boca Raton, Florida. Both firms are based in Chicago.
The agreement represents the first acquisition since TT was acquired by 7RIDGE in December 2021, when the technology firm announced plans to grow the organisation organically and through acquisitions. Terms of the transaction have not
Tokenise, a new ownership exchange for security tokens, including fractional ownership and royalties, is partnering with ScribeStar, a capital markets technology company, to fully digitalise the admissions process for digital assets on the Tokenise Stock Exchange.
Tokenise is set to be among the world’s first fully regulated global stock exchanges for security tokens. It offers investors and issuers a self-service digital interface that provides 24/7 direct market access. Tokenise’s exchange is used for capital raising, primary issuance, secondary trading, clearing, settlement and registration of security tokens in, for example, buildings, artworks and land.
With its digital platform, ScribeStar has transformed
Options Technology, a provider of cloud-enabled managed services to the global capital markets, has secured its fifth Microsoft Gold Partner Status in the “Communication” competency.
The accolade of Gold Partner Status is awarded to only the top 1 per cent of Microsoft partners and is a recognised mark of the highest standards of technology and business performance worldwide.
Microsoft’s Communication competency proves Options’ technical capabilities in implementing unified communications strategies for customers by designing, planning, deploying, and maintaining Microsoft Business solutions across cloud and hybrid environments.
This achievement is the latest addition to Options’ global cloud-agnostic platform. It follows the
Exegy Inc, a specialist in high-performance market data, predictive signals, trading platforms, and execution technology, has unveiled its expanded product portfolio that provides more comprehensive solutions across the capital markets ecosystem.
Following its 2021 merger with Vela Trading Systems and backed by Marlin Equity Partners, Exegy’s key focus has been consolidating and enhancing its product suite under the Exegy brand and optimising service delivery.
The Exegy portfolio now includes these key capabilities:
Market Data: Exegy’s new consolidated feed, Axiom, adds to the existing and patented hardware and software ticker plant offerings, providing high-quality market data access to firms of
