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BSO, an infrastructure and connectivity provider, has upgraded its main routes between Shanghai and key financial hubs in London, Hong Kong and Tokyo. The upgrade delivers the fastest connectivity to Shanghai equities and futures markets of any provider and bolsters BSO’s position as the reputed market leader in low-latency connectivity.
Read the full story at Institutional Asset Manager…
The European Energy Exchange (EEX) has set a new all time record in Dry Freight, achieving a 42 per cent uplift in volume for the first half of 2021.
In the period January to June 2021, a total volume of 598,300 lots were traded (H1 2020: 422,244 lots) which is the highest volume ever recorded in a 6 month period, since launching the business in 2016.
The new H1 record follows an 18 month period of sustained organic growth for EEX’ Dry Freight business, which has seen the exchange also gain the majority share of Open Interest in the combined
This Hedgeweek special report, produced in conjunction with Enfusion, examines why asset managers are making the switch to cloud-based technology solutions – and what the key considerations are they need to think about before, during and after they move to the cloud.
Systematic hedge fund and CTA pioneer Aspect Capital has unveiled a new daily-liquid UCITS-compliant version of its Aspect Core Diversified Programme, a medium-term quantitative trend-following strategy, to capitalise on growing demand for uncorrelated returns amid rising market uncertainty.
Originally launched in 2014, the computer-driven strategy – which today has some USD1.5 billion in assets – looks to generate alpha by zeroing in on a range of medium-term trend opportunities across more than 100 liquid financial and commodity markets.
The new UCITS version rolls out with more than USD40 million of external capital, and has a target volatility of 12 per
Cryptocurrency exchange Bitstamp is to launch trading of tether tokens pegged to the euro (EURt), the first euro-pegged stablecoin, providing a liquid and stable means of obtaining exposure to the single European currency.
EURt will enable Bitstamp customers to deposit euro (EUR) and swap, transfer or trade it to a stablecoin, while retaining the same value and without losing funds on Forex volatility.
Users will be able to trade in their own fiat currency and no longer be required to use another stablecoin as an intermediary before making a deposit, saving them both time and money in the process. Bitstamp
A new quantitative trading client, Dark Forest Technologies, is now live on FlexTrade Systems’ OEMS platform – FlexONE.
Dark Forest, a systematic hedge fund, will utilise FlexONE’s scalable, high-performance capabilities to seamlessly consolidate all quantitative and systematic trading capabilities onto one platform and leverage FlexTrade’s related suite of fully integrated real-time trading API’s to automate the intake and throughput of orders in their pursuit of alpha-driven best execution strategies.
Michael DeAddio, Chief Operating Officer at Dark Forest Technologies, says: “FlexONE simplifies the coding and back-end efforts needed to support our high volume, international, multi prime broker business. We can now
Exberry, a marketplace and exchange technology pioneer, has partnered with Arcadier, a marketplace builder company, to provide technology for the next generation of marketplaces.
Many marketplace clients today are looking for a turnkey solution that is quick and easy to deploy, while still having all of the robust features of an established exchange. The growing trend of alternative marketplaces stem from the fact that businesses and consumers today are looking for a more transparent way to make purchases and smarter buying decisions. They want control and choice, to pay a fair price by placing a bid or reserve on a
Enfusion, a provider of cloud-based investment management software and services, has promoted Dan Groman from Co-Head of Technology to Chief Technology Officer (CTO).
In his role, Groman will lead the overall Software Development, Product Management, IT and Security teams in driving strategic technology development and innovation to maximize Enfusion’s impact as a solutions partner for institutional investment managers and hedge funds.
“We are thrilled to have Dan step into this new role as we embark on the next phase of our growth and innovation roadmap,” says Thomas Kim, CEO of Enfusion. “From day one, Dan’s unmatched enthusiasm for technology
Hazeltree, a provider of integrated treasury management and portfolio finance solutions for investment managers, has formed a strategic alliance with Lionpoint Group, a global consulting firm for digital transformation in the alternative investments industry.
Read the full story at Private Equity Wire…
The global user base of Trading Technologies International (TT), a provider of high-performance professional trading software, infrastructure and data solutions, can now access derivatives products listed on the Warsaw Stock Exchange (WSE), through the TT platform.
Read the full story at Institutional Asset Manager…
