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BNP Paribas Securities Services, a global custodian offering a full end-to-end solution for Regulatory Initial Margin (IM) with IM Calculation, Exposure Management and IM Segregation in Triparty, has added IHS Markit as an initial margin calculation source to its existing service for clients that are in-scope for uncleared margin rules in derivatives markets.
The expanded collaboration complements the valuations services that IHS Markit has provided BNP Paribas Securities Services since 2012.
Leveraging advanced analytics, proprietary data and expert analysts, IHS Markit provides sensitivities fed into BNP Paribas Securities Services’ middle-office platform via a CRIF (Common Risk Interchange Format) file to
Fulcrum Asset Management has appointed Samriddhi (Sam) Sharma, as a Responsible Investment Associate.
Sharma joins from EY, where she was a Senior Consultant in sustainable finance, and will report to Matt Roberts, a Fulcrum Partner and Chair of the firm’s Responsible Investment Committee.
Sharma will be charged with supporting the firm’s ESG efforts, including its reporting and regulatory commitments for clients and industry bodies. She will be key to the ongoing programme of integrating ESG into Fulcrum’s investment process.
The firm, which launched the Paris-aligned Fulcrum Climate Change fund in 2020, has been increasing its commitment to Responsible Investment over
Barclays clients will be able to access derivatives and swaps on hedge fund strategies via a new platform, according to a report bye Bloomberg.
Anonymous sources familiar with subject are quoted as saying that the bank’s prime brokerage team is working on the project with the aim of initially providing access to a dozen or so hedge funds.
The new platform, which will be in competition with Morgan Stanley’s ALPHAS and Deutsche Bank AG’s dbSelect platforms, will allow Barclay’s clients to profit indirectly from the returns generated by hedge funds, which typically demand high investment commitments from investors.
A new study of institutional investors and wealth managers, who collectively manage around USD110 billion in assets, reveals that 15 per cent believe that long-term over 10 per cent of the funds they help to manage will be in digital assets, including cryptocurrencies and tokenised investment vehicles.
The research, which was commissioned by London-based digital assets hedge fund manager Nickel Digital Asset Management (Nickel), reveals 38 per cent of professional investors interviewed expect the funds they help run to have between 5 per cent and 10 per cent held in digital assets; 26 per cent believe the figure will be
Cryptocurrency Exchange EQONEX has launched BTC Dated Futures with physical settlement allowing traders to use commonly deployed derivatives trading strategies in cryptocurrency markets.
This latest launch by EQONEX follows the introduction of Cross Collateral functionality, ether (ETH) Perpetual Futures, and BTC Perpetual Futures in 2021. Dated Futures for additional cryptocurrencies including ETH will also be available on EQONEX in the coming months.
A Dated Futures contract enables users to enter into a binding agreement to buy or sell the underlying asset, in this case BTC, at a predetermined price at a specified date in the future. Futures contracts are commonly
BidFX, a cloud-based provider of electronic foreign exchange trading solutions, is introducing support for FX clearing to investment managers via OSTTRA’s clearing connectivity service.
Integration with OSTTRA’s clearing connectivity solution provides Bid FX clients with the ability to submit trades directly to leading CCPs. Participants trading on BidFX can benefit from having their FX NDF trades submitted directly for clearing, at multiple CCPs, without the need to build out direct clearing connectivity. BidFX clients wishing to clear trades will immediately benefit from an established community of more than 30 executing bank clearing counterparties
With the implementation of phase six of
The flagship global macro hedge fund run by Autonomy Capital Research, lost ground again in January posting losses of 6.6 per cent, according to a report by Bloomberg.
The report quotes unnamed sources as saying that ill-timed best on Latin America are behind the latest negative performance, which follows a 26 per cent loss in 2021, the fund’s biggest since the financial crisis of 2008.
The fund is, however, trading about 2.5 per cent higher so far this month according to the sources.
Macro hedge funds in general posted strong, negatively-correlated gains in January as equity and fixed income markets
Derivatives marketplace FuturesCME Group is to launch the CBL Core Global Emissions Offset (C-GEO) futures on 7 March, 2022, pending all relevant regulatory reviews.
CBL C-GEO futures are intended to align with the Core Carbon Principles, an emerging set of transparent and consistent standards around the supply of carbon credits to be overseen by the Integrity Council for the Voluntary Carbon Markets.
CBL C-GEO futures complement CBL GEO and N-GEO futures, which launched last year. In 2021, over 57 million tons of CO2 equivalent were traded between the two contracts, with over 6.5 million offsets delivered through seven successful
Refinitiv has launched Refinitiv AI Alerts, a market-data powered intelligent assistant available in Microsoft Teams.
SFOX, a digital asset prime dealer focused on helping hedge funds embrace and expand crypto trading, has added another former Wall Street executive to its senior sales team of long-term institutional investors.
Chuck Lugay, who has spent more than two decades at Wall Street firms and also served as President of Security Traders Association of New York, will join SFOX as SVP of Digital Assets. Lugay has worked for leading Wall Street firms including Citadel, Clearpool Group, NASDAQ, Knight Group and Morgan Stanley.
Lugay will play a leading role in the global expansion of SFOX’s business development. He is the
