Latest News
Iress is transitioning its Execution Management System (EMS) to its cloud platform as part of its trading technology strategy for the UK.
The last twelve months have seen exponential growth in usage of Iress’ EMS, in terms of both new clients and trading volume, and the transition to cloud enables Iress to deploy new services and seamlessly scale on demand.
As a result, firms will be able to increase or decrease trading capacity as the market and their business dictates, and to implement new services and functionality with shorter development cycles. It will also drive continued improvements to the efficiency
Options, a provider of cloud-enabled managed services to the global capital markets, has partnered with Quercus Technology Group, enabling cloud and application optimisation services for industry leading Tier 1 electronic trading applications and Capital Markets solutions.
The partnership creates a unique offering that combines domain knowledge and subject matter expertise across fully managed, cloud agnostic environments and application specific configuration, customisation and optimisation. The resulting solution is one specifically designed to drive value through reduced time to market, minimised total cost of ownership and maximised return on investment.
Options’ Senior Vice President, Tim Yockel, says: “We’ve been providing the financial
Managed futures hedge funds ended July in positive territory, with cryptocurrency-based strategies fuelling the rise, new data published by BarclayHedge shows.
The Barclay CTA Index, which tracks the performance of more than 400 commodity trading advisors and managed futures hedge funds, added 0.37 per cent last month, and has now advanced some 4.91 per cent in the seven-month period since the start of 2021.
All trend-following sub-sectors ended July in the black, with Ben Crawford, head of research at BarclayHedge, observing how the managed futures industry withstood rising uncertainty “admirably” during a bumpy July.
“Despite concerns over the Covid-19 Delta
In a series of four articles for Hedgeweek in recent months, senior executives at Waystone provided expert analysis of the challenges and opportunities facing fund domiciles and asset managers at a time of change across the fund management sector in Europe and beyond.
Waystone, the global governance adviser, third-party management company and provider of specialist services to the asset management industry was formed by the merger earlier this year of DMS, MontLake and MDO. In its first article in October 2020, Why Cross-Border Fund Domiciles are transforming into Fund Management Hubs, Managing Director of Client Solutions, Daniel Forbes explored the post-Brexit
The month of June was characterised by a positive trend on the stock markets, with the S&P 500 registering a rather strong performance (2.33 per cent), its fifth consecutive month of profits, leading to 15 per cent cumulative increase since the beginning of the year.
Market implied volatility decreased, for the fourth consecutive month, to 15.83 per cent, returning to the levels observed in 2019, before the coronavirus crisis. This value is also much lower than its long-term average performance (around 21 per cent).
On the bond market, a mixed situation prevailed as regular bonds posted negative return (-0.30 per
First Sentier Investors, a global asset management group, has integrated with FlowLink via multi-asset execution and order management systems specialist FlexTrade’s FlexTRADER EMS.
CME Group, the world’s leading and most diverse derivatives marketplace, has announced that Micro WTI Crude Oil futures volume surpassed one million contracts on Friday, 6 August, 2021.
“Since launching just a month ago, we continue to see strong interest across the globe for our smaller-sized Micro WTI Crude Oil contract,” says Peter Keavey, Global Head of Energy. “Our benchmark WTI futures have always been the market’s choice for managing crude oil exposure, and the uptick we are seeing in new customers utilising the Micro WTI Crude oil futures demonstrates the value in the robust transparency and price discovery that
Independent fund administrator Centaur Fund Services has appointed Michael Marisca as Head of Business Development. Based in Centaur’s US headquarters in New York, Marisca will be responsible for overseeing and growing the company’s sales and revenue globally.
Marisca has extensive business development experience in the funds industry and has held several senior operational and business development positions. His experience will be an important addition to Centaur as it continues to experience rapid growth in its North American business.
Marisca will report to Des Johnson, CEO of Centaur US, who says: “We are delighted to welcome Mike as Head of Business
Digital asset investment products saw a fifth week of outflows totalling USD26 million, although the level of the outflows is lower than seen in either in May and June, according to the latest Digital Asset Fund Flows Report from CoinShares.
Following recent price rises, total investment product AuM is now back at USD5 billion, the highest level since mid-May.
Ethereum market share is again rapidly rising and now represents 26 per cent of investment products.
The number of funds/investment products listed has accelerated recently with a record 37 launched this year compared to the previous high of 30 seen in 2018.