Latest News
OSTTRA’s TriOptima, an infrastructure service that helps to lower costs and mitigate risk in OTC derivatives markets, has powered the inaugural compression of listed Nikkei 225 options at Osaka Exchange (OSE), part of Japan Exchange Group.
The OSE compression service powered by TriOptima, will enable OSE members to reduce their open positions and lower the capital costs of index options. Typically, positions are netted against each other multilaterally, allowing each market participant to reduce their position. The move, further extends TriOptima’s optimisation expertise in the asset class, supporting an ongoing industry wide push to reduce costs when trading derivatives.
“We
CTAs and trend-following hedge funds have seen their recent advance halted, as anxieties over the new Omicron variant of Covid-19 punctured market momentum towards the end of last month.
Quantile Technologies (Quantile), a provider of multilateral optimisation services for hedge funds and other financial institutions engaged in OTC derivative transactions, has appointed Esben Urbak and Rami Atieh as Senior Product Managers.
Atieh joined in November, while Urbak joined earlier in 2021, with both reporting to Varqa Abyaneh, Chief Product Officer.
Both Urbak and Atieh come from trading backgrounds and will work on new product development, with a focus on reducing risk and funding requirements in the derivatives markets.
Urbak joins from MUFG Securities, where he worked for nine years and was responsible for managing the main
The Chartered Alternative Investment Analyst (CAIA) Association, the professional body for the global alternative investment industry, has launched a Latin America Chapter, CAIA LatAm, that will bring together CAIA Members and candidates from across Mexico, the Caribbean, and Central and South America.
Led by Chapter Head Daniel Mueller, CAIA, Partner, Head of Latin America with Alpine Capital Advisors, the new LatAm Chapter will focus on providing opportunities for CAIA Members across Latin America to network, share ideas and insights, discuss best practices, and engage in an environment that will foster the continued growth of the local alternative investment industry and
Sycamore Tree Capital Partners (Sycamore Tree), an asset manager specialising in private and alternative credit investments, has closed its inaugural collateralised loan obligation (CLO), Sycamore Tree CLO 2021-1, Ltd (STCP CLO 1).
The CLO totals USD403.3 million, with Citibank Securities serving as the underwriter and Dechert LLP acting as legal counsel to Sycamore Tree.
STCP CLO 1 has a five-year investment period and invests in an actively managed portfolio of syndicated loans issued by US companies across a broad range of industries. It is co-managed by Scott Farrell and Paul Travers, industry veterans and Managing Directors at Sycamore Tree. STCP
Nicholas Nolan, Vice President, SS&C Technologies, tells Hedgeweek why SS&C feels it deserved this award, how the firm has overcome certain challenges over these past 18 months and details industry trends and plans for the future in this interview.
STP Investment Services (STP) has acquired third-party fund administrator Tower Fund Services (Tower).
Horizon Software, a provider of market making and algo trading technology, has expanded its electronic trading platform to include market making and agency trading functions in one single platform, powered by its algo framework.
Initially designed for market making and algo trading services, Horizon is now bringing agency trading to the next level, by leveraging its expertise in latency, scalability and sophisticated algo and execution strategies to banks and brokers.
With advanced functionalities in high touch, DMA, DSA and global order routing for equity and global derivatives, Horizon enables banks and institutional and retail brokers to meet the trading
Digital token trading platform Bitfinex has launched a feature that enables users to customise their view on the market with a multi-screen function designed to generate alpha, providing professional traders with a means of exploiting correlations between different trading pairs.
Bitfinex users are empowered by obtaining access to a plethora of trading tools that enable them to deploy a variety of strategies across myriad digital token trading pairs. The high performance of the Bitfinex trading architecture – which has consistently withstood episodes of extreme volatility – provides traders with a reliable platform to deploy strategies once the preserve of incumbent
Princeton Fund Advisors, this year’s winner of the US Best Liquid Alternative Fund – Multi-Strategy Hedge, believe they were chosen as winner of this award due to the consistency of the results they were able to generate in an incredibly volatile time period.
