Latest News
Bitfinex, a digital token trading platform for institutional investors in the bitcoin space, has doubled its server capacity.
Bitfinex has increased the volume of heavy duty servers at its Zug-based data centre amid surging demand to trade digital tokens among hedge funds, institutional investors and family offices. The expansive server capacity provides participants from incumbent markets with a level of service on a par with that provided by major stock exchanges.
The heavy duty computational power available on Bitfinex is enabling funds to translate trading strategies from conventional markets into the digital token space. Funds on Bitfinex are deploying
Piper Sandler Companies is to acquire Cornerstone Macro, an independent research firm that offers macro research and equity derivatives trading to institutional investors.
Upon closing, Cornerstone Macro will continue providing its research as Piper Sandler & Co’s macro research team.
Founded in 2013, Cornerstone Macro brings 50-plus professionals, including 21 research analysts, to Piper Sandler. Cornerstone Macro produces high quality, thought-leading macro, thematic and quantitative research on global economics, fiscal and tax policy, monetary policy and global asset allocation, portfolio strategy, energy and renewables, and technology. In addition, Cornerstone Macro’s options strategy team provides industry-leading derivative strategy and trading. Cornerstone
Options, the provider of managed trading infrastructure to the global Capital Markets, has appointed Marlena Efstratopoulou to Chief Risk Officer (CRO) and the Principal leading the firm’s “Security as a Service” business.
Efstratopoulou joined Options in April 2021 with nearly a decade of industry experience from DXC Technologies, HPE, and Fixnetix. As Chief Information Security Officer with Fixnetix she led them to SOC2 accreditation, alongside developing and coordinating the delivery of their Managed Security Services offering.
As CRO, Efstratopoulou has responsibility for Options’ Security as a Service offering and will be at the forefront of Options’ Managed Security solutions, providing
Optiver, a global market maker, has launched its corporate strategic investment initiative, Optiver Principal Strategic Investments (PSI).
For more than 35 years, Optiver has been committed to improving global financial markets at every stage, for all parties involved. Through Optiver PSI, the firm seeks to build upon this mission by partnering with entrepreneurs shaping the financial markets of the future.
Historically, Optiver has been focused on its core activity of making markets in listed derivatives and equities. Through pricing, execution and risk management, the firm’s 1300+ employees have remained steadfast in their shared commitment to improving the market. In
The Citco group of companies (Citco) has completed the migration of USD1 trillion worth of assets under administration (AUA) onto the newest version of Æxeo running on Amazon Web Services (AWS), in one of the largest accounting transitions in history, and the largest within the alternative investment sector.
Citco, the global asset servicer to the alternative investment industry, has moved all its clients using Æxeo – its straight-through, proprietary front-to-back office solution – from its physical data centers to AWS over the past 18 months.
The move means all of Citco’s hedge fund and hybrid clients now have a secure
VTB Group is launching a new business line that will focus on climate finance and carbon market operations both in Russia and internationally.
Vladimir Litvak, who has over 25 years’ of experience in green financing and carbon trading markets, will head up the newly formed division.
This business line will build on VTB Group’s ability to finance major projects and expertise in commodity markets with a focus on the following areas:
• Raising financing in Russian and international markets for Russian companies to execute ESG projects aimed at reducing emissions, providing greenhouse gas capture and storage, introducing low-carbon
Hedge funds’ overall momentum in 2021 has been halted, with managers across a range of strategy classes left counting the cost of September’s bumpy equity and credit market reversal, new industry data published this week shows.
The Alternative Investment Management Association (AIMA) and ITN Productions are collaborating to raise awareness of alternative investments and the latest sector innovations that are benefitting investors, markets, and supporting the global economic recovery.
Livermore Investments Group, a leading Collateralised Loan Obligations (CLO) equity anchor investor in over USD13 billion of new issue CLO transactions, has anchored the majority equity stake in Ares 61 – Ares Managements’ latest USD500 million CLO which closed on 30 September 2021.
The transaction, arranged by Nomura Securities, priced with a competitive weighted average cost of debt of Libor + 1.61 per cent. The CLO has a five-year reinvestment period and will be managed by Ares Management, one of the largest and most experienced CLO managers, with over USD28 billion of CLO AUM. Livermore’s controlling equity also comes with
INDOS Financial (Ireland) Depositary Limited, a JTC Group company, has received regulatory approval from the Central Bank of Ireland to provide depositary services to private equity, real estate and other alternative investment funds under Regulation 22(3)(b) of Ireland’s AIFM Regulations.
The approval builds upon INDOS’ alternative investment fund depositary offering in the UK providing full depositary and depositary-lite services to 75 managers, 150 funds and USD38 billion of hedge, private equity, real estate and infrastructure funds.
Bill Prew, CEO of the INDOS Financial Group, says: “We are delighted to have obtained a specialised depositary licence in Ireland. We established operations
