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LiquidityBook, a provider of cloud-native buy- and sell-side trading solutions, has appointed James Baxter as Head of Global Buy-Side Sales.
In this role, Baxter will be responsible for generating sales within the firm’s buy-side vertical. He will be based in LiquidityBook’s New York office and report directly to CEO Kevin Samuel.
Baxter will spearhead sales efforts for LBX Buy-Side, LiquidityBook’s cloud-based POEMS (portfolio, order and execution management system).
Baxter most recently served as Senior Director of New Sales at Eze Software Group, where he led a sizeable team and managed the company’s hedge fund sales for North America.
Commodity-focused hedge funds saw “strong performance” in 2021, with many seeing the energy transition towards renewables as a big opportunity and a USD3 billion uplift in investment across the index, according to Bridge Alternatives.
FLX Distribution – a Resource and Asset Management Platform (RAMP) for asset and wealth managers that provides modular-based front office solutions with on-demand resources, services, and investments – has partnered with Oasis, a Paychex company, focused on offering Professional Employer Organisation (PEO) solutions to its members.
Solving familiar HR challenges including high costs, limited options, complexities, and time-consuming personnel management, FLX is now delivering quality, efficient, and cost-effective solutions through this FLX-sponsored PEO.
Oasis is one of the leading Professional Employer Organisations (PEO) in the US, providing Human Resource Administration, Employee Benefits, Healthcare Reform (ACA), Payroll Administration and Risk
Affiliated Managers Group (AMG), a leading partner to independent investment management firms globally, and Leda Braga, Founder and Chief Executive Officer of Systematica, have jointly acquired the remaining minority equity interest in the firm previously owned by a third-party investor.
Integral, a technology company in the foreign exchange market, has reported that customers’ average daily volumes (ADV) across the company’s platforms totalled USD44.6 billion in December 2021.
This represents a total increase of 17 per cent YoY, to an annual volume of USD12.4 trillion to finish 2021.
Integral’s cloud-based SaaS FX workflow solutions have been designed to meet the trading needs of the widest variety of buy-side FX market participants, including banks, brokers, asset managers, and hedge funds. Clients leverage the deep and diverse FX liquidity available through our platforms within an integrated environment.
Horizon Software, a provider of electronic trading solutions and algorithmic technology, is expanding its presence in Poland with the support of Business France Poland.
The decision to collaborate with Business France is strategic, and fits into the wider business goals of Horizon, supporting the growth and development of the company’s global presence. This will allow Horizon’s technology to be deployed on a larger scale, providing sophisticated services to a wider range of clients.
This decision comes after a successful tie-up with Business France Middle East where the agency played a major role in strengthening client relationships and facilitating business
Hedge funds and other institutional investors are monitoring activity by groups of retail investors on social media-style platforms such as Reddit, according to a report in Financial News (FN).
FN quotes Patrick Ghali, Managing Partner at hedge fund consultancy Sussex Partners as saying: “The sudden increase in concerted efforts by a large group of retail investors – driven purely by sentiment and fuelled by online groups – is a new risk that fund managers need to consider and adapt to.
It’s a year since several hedge fund short-sellers got burned by armchair traders buying stock in US video game retailer
During a year when investors faced the highest inflation readings in 40 years, Red Rock Capital’s Commodity Long-Short investment programme proved its value by producing over 40 per cent net returns for the year for its investors.
Since its inception in September 2013, the diversified commodity program has delivered 10.51 per cent annualised to its investors, net of all fees, as compared to the -7.6 per cent annualised returns produced by the venerable S&P Goldman Sachs Commodities Index.
Chief Investment Officer of Red Rock Capital, Thomas Rollinger, specifically designed the Commodity Long-Short strategy to capture intermittent and sustained price trends
GTreasury, a treasury and risk management platform provider, has acquired Hedge Trackers, a provider of accounting, consulting, and software services to protect clients against financial risk.
The acquisition joins Hedge Trackers’ hedge accounting expertise and SaaS solutions with GTreasury’s unparalleled treasury and risk management platform. The combination of the two companies provides customers with best-in-class, integrated risk management technologies while continuing to expand GTreasury’s SaaS ecosystem built for treasury teams and the office of the CFO.
The total number of registered Jersey Private Funds (JPFs) has surpassed the 500 mark, according to the latest figures, as the structure continues to assert its appeal for flexible alternative fund structuring.
According to the latest quarterly statistics collated by the Jersey Financial Services Commission and published by Jersey Finance, there were 502 JPFs at the end of September 2021, a number that has risen by 38 per cent compared to the same time the previous year.
Launched in 2017, the JPF structure is tailored to the needs of small numbers of sophisticated investors and offers high levels of flexibility,
