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The way in which hedge funds can demonstrate the value of ESG indicators within their portfolios is becoming a key task for managers of all stripes and strategies. A recent webinar, jointly hosted by FIS Global and Hedgeweek ,examined how AI technology can help firms rise to the assortment of challenges arising within this sphere.
July volumes for EEX Groiup’s Intraday Power markets grew by 12 per cent y-o-y, with Spanish Power Futures up by 22 per cent.
As of 27 September, EEX will extend calendar year expiries for this market as well as for German and Italian Power Futures to 10 years, to facilitate long-term hedges
EEX has also reported a continued increase in the UK (+77 per cent), Nordics (+94 per cent) and Austrian (+155 per cent) Power Futures, while Japan Derivatives Power is still extremely bullish with 362.5 GWh.
European Natural Gas Spot and Derivatives are up 27 per cent and 9
London hedge fund manager, Florin Court Capital, is expanding into the UAE by partnering with the Abu Dhabi Investment Office (ADIO) under its USD545 million Innovation Programme.
Horizon Software, a provider of electronic trading solutions and algorithmic technology, has partnered with Business France Middle East, to expand the range of services on offer to clients based in the MENA region.
The choice to collaborate with Business France is strategic, and fits into the wider business goals of Horizon, supporting the growth and development of their global presence. Business France will play a major role in strengthening client relationships and facilitating business opportunities for Horizon in the MENA region. This will allow Horizon’s technology to be deployed on a larger scale, providing sophisticated services to a wider range
Aries I Acquisition Corporation (Aries) has appointed Andrew Lester to its Board of Directors, and Chris Perry to serve as an adviser to the Board.
Lester has over 40 years of experience building and managing businesses. Along with his brother Mitchell, he built a 10-person team at Donaldson, Lufkin & Jenrette (DLJ) that specialised in providing research coverage to hedge funds, family offices, and managing retail capital for 17 years. After DLJ was sold to Credit Suisse, the Lester Brothers’ team moved to ABN-AMRO where Andy was Managing Director and Co-Head of Hedge Fund Sales and Research.
Subsequently, Leser was
B Riley Financial, a diversified provider of business advisory and financial services, has acquired the investment advisory business of 272 Capital.
Led by Wes Cummins, the growing registered investment advisor employs an in-depth primary fundamental research approach to its long/short investment thesis, specialising in small cap equity securities. This addition closely aligns with B Riley’s focus on active small cap management and serves to complement both firms’ investment offerings for institutional and individual high-net-worth clients.
Bryant Riley, Chairman and Co-Chief Executive Officer of B Riley Financial, says: “Expanding our asset management base remains one of our highest priorities. Wes and
Talos, a technology provider for the institutional trading of digital assets, has launched a new feature on its platform that allows its clients to define and trade synthetic pairs that include FX and crypto “legs.”
The Depository Trust & Clearing Corporation (DTCC) has launched an enhanced DTCC CDS Kinetics platform to support growing demand for more transparency into the credit default swaps (CDS) market within the over-the-counter derivatives space.
DTCC CDS Kinetics provides position data on credit default swaps sourced from DTCC’s Trade Information Warehouse (TIW), offering notional outstanding, net notional, and trading volume metrics on securities including single-name, index, and index tranche. TIW is a centralised infrastructure for reporting and asset servicing on approximately 98 per cent of all credit derivative transactions outstanding worldwide.
Recognising that credit default swaps are a critical data
Copper.co, a provider of digital asset custody and trading solutions, is expanding its operation in the Americas with the senior appointment of Glenn Barber as Head of Sales & Business Development, and the opening of a new East Coast office.
The London-headquartered startup, founded in 2018, has raised USD84.3 million of funding to date, most recently via a USD75 million Series B, which included a USD25 million extension led by Alan Howard.
Barber joins US-based Business Development Directors Doug Bilyk and Betty Sharples. Together, they will lead the efforts to make Copper the number one choice for US institutions
CoinShares International Limited, a European digital asset investment platform today announced, is to contribute real-time crypto pricing data to the Pyth network, a decentralised financial market data distribution platform for aggregated data.
The Pyth network is built on Solana, a blockchain protocol well-suited for timely and effective receipt and distribution of market data used in high frequency trading operations and environments where trust, accuracy, and speed are critical to performance. CoinShares participated in the Solana token sale in Q2 2021 and is evaluating opportunities to migrate core trading and capital markets infrastructure onto the Solana network. By participating in
