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Options, a provider of managed trading infrastructure and connectivity to the global capital markets, has ex[anded its managed hosting and connectivity capabilities in Japan Exchange Group (JPX) providing access across both the Tokyo Stock Exchange (TSE) and Osaka Exchange (OSE).
JPX, one of the largest stock exchanges globally, was established through the combination of the Tokyo Stock Exchange and Osaka Securities Exchange in 2013 and provides market participants with reliable venues for trading through the provision of market services, market data, order execution, and clearing and settlement.
This exciting addition to the firm’s colocation footprint means Options will be working
Global investor services group IQ-EQ’s Specialist regulatory hosting and outsourced compliance business, Lawson Conner, has rebranded as IQ-EQ.
IQ-EQ completed the acquisition of Lawson Conner in 2018, adding appointed representative and AIFM solutions to its comprehensive range of existing compliance, administration, asset and advisory services for investment funds. Integrated and working seamlessly as part of the Group, the time has come for Lawson Conner to embrace the IQ-EQ brand and operate as an integral part of the Group’s overall service offering.
Rachel Aldridge, Managing Director, Regulatory and Compliance Solutions at IQ-EQ, says: “As we evolve our business to better
Professional investors around the world are forecasting strong growth in the level of share trading over the next 12 months, new research from blockchain-based derivatives trading platform CloseCross shows.
Hedge funds’ returns more than doubled from Q1 to Q2, as commodities-focused managers powered ahead on the back of the spring oil price surge, and larger funds’ gains outweighed smaller funds’ performance, new analysis by hedge fund asset administrator Citco shows.
Hedge funds’ weighted average returns swelled from 2.75 per cent in the first three months of 2021 to some 6 per cent between April and June, according to Citco Fund Services’ latest ‘2021 Q2 Hedge Fund Report’.
More hedge funds ended the second quarter in positive territory, with 82 per cent of managers scoring a positive annual return in
USDT can now be migrated cross-chain almost instantly and at minimal cost using Umbria’s Narni Bridge – bridge.umbria.network.
In addition to bridging the stablecoin quickly between the Ethereum Mainnet and Polygon network with extremely low fees, users can lend their USDT to the bridge in a system called pooling and earn APY (a return similar to interest on deposits). With Narni’s ‘pool and earn’ feature (https://bridge.umbria.network/pool/), liquidity providers receive fees when other participants bridge USDT between networks. Stablecoins are expected to accrue higher fee generation because of their popularity and uses.
Using the Narni bridge, it takes an average
West Realm Shire Services Inc (FTX.US), a US-regulated cryptocurrency exchange, has executed a sale and purchase agreement to acquire Ledger Holdings Inc, parent company of LedgerX, a Commodity Futures Trading Commission (CFTC) regulated digital currency futures & options exchange and clearinghouse.
The acquisition is anticipated to close, pending satisfaction of customary closing conditions.
Brett Harrison, President of FTX.US, says: “This acquisition marks a significant milestone for our rapidly growing US business and is a key part of our strategy to bring regulated crypto derivatives to our US user base. We believe the integration of our technological capabilities, product portfolio and
Investors are adding more money into hedge funds this year than they are pulling out – but new industry data points to continued dispersion across the strategy spectrum, with managed futures funds attracting new capital while macro and long/short equities managers suffer sharp outflows.
The global alternative data market size is expected to reach USD69.36 billion by 2028, expanding at a CAGR of 58.5 per cent from 2021 to 2028. The increasing emphasis on gaining alpha from hedge funds is expected to boost the demand for alternative data.
That’s according to a new report from Research & Markets which says that: “asset managers from hedge funds, mutual funds, private equity funds, pension funds, unit trusts, life insurance companies, and other BFSI entities are highly inclining to use alternative data to derive predictive insights”. Moreover, the use of alternative data for risk management processes is
Alternative asset manager Magnetar Capital (Magnetar) has appointed Stuart Davies as head of Business Development, Systematic Investing.
A 24-year industry veteran, Davies brings a wealth of alternative investment, client partnership and product innovation experience to Magnetar’s Systematic Investing team.
“Our Systematic Investing business is seeing an increase in demand for our products and solutions as investors continue to adopt our belief that systematic hedge fund returns are a critical portfolio component,” says Alec Litowitz, founder, CEO and head of Systematic Investing at Magnetar Capital. “I’m happy to welcome Stuart to the team. He is one of the true innovators in
Wealth Managers are expanding the range of investment strategies available to clients, particularly within alternative asset classes including hedge funds, adding to a new survey from bfinance.
Firms are innovating too as they fight to maintain market share and profitability in an era of fee compression and new tech-based competition.
The Wealth Manager Investment Survey gathered data from 120 wealth managers in 29 countries across five continents. Major developments are divided into three key areas: expanding investment capabilities, the rise of ESG and impact investing, and—finally—evolution in structures, systems and service providers.
More than two thirds (69 per cent) have
