Latest News
Increasingly sophisticated fraudsters are relieving capital-raising projects of USD100,000s through fee-frauds, according to Private Debt Investor (PDI), which caters for private debt lenders including hedge, alternative investment and other private capital funds worldwide.
Research by the Project Finance Exchange (PFX) has revealed that the global private capital market has grown to USD20.35 trillion liquidity managed and allocated through over 125,000 funds worldwide (sources: Cap-Gemini, industry associations and institutions). But many of the private capital funds populating the market are now having their identities cloned and exploited by fraudsters who are cheating companies out of USD100,000s.
Private capital is having
The use of data within the hedge fund industry has grown exponentially over the past decade, with fund managers from across the spectrum increasingly turning to ever-more complex datasets in a bid to stay ahead of the competition.
Acuiti has launched the Proprietary Trading Management Insight Report, a new product aimed at senior executives from the global proprietary trading community.
The report, which is produced in partnership with Avelacom, is designed to provide senior proprietary executives with a benchmark of how their peers are approaching key operational challenges. It also contains information on a series of metrics such as exchange growth and new contract launches.
Acuiti has built and continues to grow a network of senior proprietary trading executives from across the globe. Each quarter, network members can suggest questions and topics to be addressed in the report.
The Royal Bank of Canada’s specialist fixed income manager, BlueBay Asset Management (BlueBay), has launched its latest ESG-focused strategy.
The BlueBay Total Return Diversified Credit ESG Fund enables fixed income investors to gain an exposure to the firms ‘best ideas’ through an ESG lens across global high yield, bank loans, financial capital bonds, structured credit, Convertible bonds, emerging markets and developed market investment grade.
The new Luxembourg SIF fund, which is categorised under Article 8 of the Sustainable Finance Disclosure Regulation (SFDR), will focus on using BlueBay’s proprietary ESG research to identify and avoid investments with excessive ESG risks. The
Finastra, a pure-play software vendor that serves the entire financial services industry, has made Fusion Invest available in the cloud, powered by Options’ technical infrastructure.
As part of its multi-cloud offering, Options has been working closely with Finastra to host the Fusion Invest product, which has been available on the cloud since the start of the year.
Cloud-based Fusion Invest enables Finastra customers to access its innovative investment management solution without deploying hardware on-premises. It is designed to help portfolio and investment managers perform better in a market that is becoming ever more complex and highly regulated. The solution
Marex Solutions, a division of Marex Group that specialises in customised derivative products, and Coinbase Prime, a crypto custodians and liquidity hubs, have formed a partnership that will broaden both parties institutional digital hedging and crypto investment capabilities.
This partnership combines Marex Solutions leading expertise in building derivative solutions and Coinbase Prime’s market leading crypto custody, liquidity and prime services. It will allow both firms to expand their respective crypto product offerings, with Marex Solutions and Coinbase Prime’s institutional clients gaining access to a broader universe of structured products based on crypto underlyings.
The agency-only model adopted by Coinbase
As a first transaction in a multi-stage acquisition towards full ownership, United Fintech has acquired a 25 per cent stake in London-based FairXchange for an undisclosed amount in a transaction integrating the company, its products and employees onto its digital platform.
Trading firms use FairXchange’s state-of-the-art analytical tools to facilitate data-driven dialogue with their counterparties, bringing clarity and transparency to execution performance through the provision of independent data. And according to United Fintech CEO Christian Frahm, FairXchange fits hand-in-glove with United Fintech’s strategy of acquiring state-of-the-art Capital Markets software products ready for scaling and global roll-out on United Fintech’s platform.
CloudQuant, a data, research, and technology firm, has integrated ICE DataVault into the the CloudQuant Liberator platform.
This integration can allow ICE and CloudQuant customers to easily access ICE DataVault’s comprehensive archive of historical tick data captured from the ICE Consolidated Feed.
ICE DataVault provides users granular, high quality financial information with full depth-of-market coverage that can allow for strategy backtesting, historical analysis, trade surveillance and compliance use cases. ICE’s extensive coverage is designed to capture tick-by-tick data for trades and quotes across multiple assets, including equities, derivatives, fixed income, foreign exchange, cryptocurrencies, money markets, energy and ETFs, with history
The Commodity Futures Trading Commission (CFTC) has made awards totalling nearly USD1 million to two whistleblowers whose information led the CFTC to bring a successful enforcement action.
Both whistleblowers provided significant information and substantial assistance to CFTC staff during the underlying investigation.
While each whistleblower’s information supported and ultimately led to different charges the CFTC brought in the enforcement action, the CFTC allocated a higher award percentage to one claimant because of the key role that claimant’s information played in causing the CFTC to open the investigation in question and focusing CFTC staff’s efforts during the investigation’s earliest stages.
The
State Street Corporation (NYSE:STT) has added pre-and post-trade optimisation and margin analytics capabilities to its Collateral+ service.
In partnership with Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives market participants, Collateral+ now offers an integrated, modular approach to optimisation, which addresses collateral efficiency from multiple angles.
First, it integrates collateral and funding impact into the front-office decision strategy ahead of the trades being placed. Through the addition of Cassini’s technology, Collateral+ can optimise margin and carry cost impact, providing the best trade route by identifying all possible ways to execute and clear the trade
