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Hedge fund short sellers betting against Cineworld have seen their bearish positions tank after the global cinema chain’s share price rocketed on the back of the new James Bond movie release.
The Exchange Council of the European Energy Exchange (EEX) has welcomed the good preparation of the upcoming gas makets merger in Germany as well as the positive developments of the new Gas Financial Futures.
On 1 October 2021, the two gas markets GASPOOL (GPL) and NetConnect Germany (NCG) will merge into one German nationwide market area named Trading Hub Europe (THE). A number of EEX teams have been working to support all market players and stakeholders with this change, especially by providing trading solutions which will facilitate the smoothly merging of two hubs into one.
The new nationwide German market
RFA, the IT provider to the financial services industry, has launched a new Development Security Operations (DevSecOps) service for its clients.
The Cyberdyne Tech Exchange (CTX) has released and sold the first tranche of a new asset-backed Carbon Neutrality Token (CNT) which resolves one of the most challenging aspects of the Paris Agreement (COP21) – the ability to properly account for and track carbon credits using its proprietary protocols and blockchain technologies.
With the COP26 in Glasgow approaching, the failure to resolve the complexities of Article 6 of the Paris Agreement has led to delays in financing green projects, accelerating the climate crisis.
COP21 required nations reduce their emissions every five years. By creating nationally determined contributions (NDCs) for cutting
VSP – the token powering the Vesper ecosystem – is now available to trade on cryptocurrency exchange, Bittrex Global.
Vesper offers a suite of easy-to-use, yield-generating products that combine DeFi’s innovation and promise with the professionalism required to advance the sector. As Vesper’s core economic engine, VSP incentivises community participation and facilitates governance.
“Vesper’s listing on Bittrex Global provides an additional onramp for VSP and users interested in a platform that’s creating a shared surface area between DeFi and TradFi,” says Jordan Kruger, co-founder of Vesper Finance. “The Vesper community’s goal is to create a world where professionalized DeFi options
Genesis Global Capital has executed the first ever OTC block trade of a BTIC (Basis Trade at Index Close) transaction on CME Bitcoin futures with Akuna Capital, an options market maker specialising in derivatives market-making and sophisticated modelling.
A commonly used equities product, BTIC has now been made available for cryptocurrencies for the first time. The execution of this trade demonstrates new ways traditional finance participants and markets are adapting to meet the demand for crypto products and services.
“BTIC fills a hedging need for our counterparties who are benchmarked to the Bitcoin Reference Rate and we are proud to
As hedge funds continue to ride out cryptocurrencies’ volatility, new industry research suggests larger institutional investors remain reluctant to pile into digital assets in any meaningful sense, despite the strong returns generated by managers this year.
Broadridge has hired Mike Johnson as Vice President, Global Product Manager of Derivatives Clearing.
In his new role, Johnson will be responsible for the continual enhancement, growth and quality of Broadridge’s leading global cleared derivatives platform, and leveraging strategic client and industry partnerships. He will also be responsible for ensuring clients receive first class service and the support of its deeply knowledgeable market experts.
Johnson brings with him over 30 years of experience in financial services from Bank of America, including 15 years of experience in the exchange-traded derivative space and more than 10 years of experience in repo
South Street Securities Holdings has appointed Joseph Flynn to the company’s Board of Directors.
“Allianz has successfully partnered with South Street for many years and I expect many more good things to come, considering the successful track record, outstanding reputation and experienced management team,” says Flynn, who joined South Street Securities as a Board member in 2021. He has been an executive at Allianz Global Corporate & Specialty’s Alternative Risk Transfer line of business (Allianz) since 1998. At Allianz, Flynn is responsible for Operations, Claims and Deal Management globally.
He has a wealth of experience in all facets of structured
BTIG has added Peter Mullahey and Robert Williams to the firm’s Fixed Income Credit unit as Managing Directors and senior investment grade sales and trading specialists.
BTIG continues to expand its Fixed Income Credit platform, and now employs more than 40 experienced credit professionals in the US and London.
BTIG’s Investment Grade professionals specialise in secondary trading for the firm’s global client base. Mullahey will focus on investment grade sales and business development, while Williams will serve in a hybrid investment grade sales and trading role. They join Richard Roche, a Managing Director within BTIG’s Fixed Income Credit division, who
