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Horizon Software (Horizon), a provider of electronic trading solutions and algorithmic technology, has launched a new product, the Composite Spreader, which automates the execution of multi-leg spreads with a complete set of trading parameters and advanced safety features.
Horizon had noticed there is a high demand for spreading tools, but existing systems lacked the security and ease of use the market was after. As such, Horizon decided to leverage its expertise in high frequency algorithmic trading to develop a purpose-built feature for its clients as part of its broader OMS roadmap.
The technology is now live and Horizon’s Composite
Pexapark is making its advanced ‘quant’ data and analytics – used to price and optimise over 11GW of renewable energy Power Purchase Agreements (PPAs) – available to the wider market via its post subsidy software and advisory platform.
This move represents a major step towards levelling the playing field for power producers, utilities and developers in their PPA negotiations – enabling these market players to successfully navigate increasingly complex hedging decisions.
The renewable energy PPA market has seen tremendous growth over the past quarter, with over 1.4GW of deals signed in April alone. While this is good news for the
Northern Trust has hired Arthur Hill as Senior Vice President, Head of Product Management for Asset Servicing. Based in Chicago, Hill will lead product strategy and development, overseeing a global team of Asset Servicing product leads.
Managed futures funds produced a third straight positive month in April returning 1.43 per cent, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year to date, CTAs returned 3.80 per cent through April.
“Strong performance in commodity and equity markets were enough to overcome losses in currency and fixed income sectors,” says Sol Waksman, president of BarclayHedge.“
All but one of the sectors tracked in the Barclay CTA Indices were in the black for March. The Cryptocurrency Traders Index set the pace gaining 9.75 per cent, while the MPI Barclay Elite Systematic
Event driven strategies topped the hedge fund performance chart during the first three months of the year, as the industry drew some USD9 billion in new capital in Q1 and saw trading volumes surge, new analysis by hedge fund asset administrator Citco shows.
Citco Fund Services’ ‘2021 Q1 Hedge Fund Report’ probed strategy performance, investor flows and trading volumes, among other things.
The study found that close to three-quarters – 73.4 per cent – of hedge funds delivered a positive return during Q1 as the strong performances at the end of 2020 carried through into the new year.
The quarterly
Bitfinex Derivatives offers a derivatives platform accessible through Bitfinex, a state-of-the-art digital token trading platform. Bitfinex Derivatives has today announced the launch of a perpetual contract for Dogecoin.
Read the full story at Institutional Asset Manager…
Drawbridge, a provider of cybersecurity software and solutions to the alternative investment industry, has promoted Simon Eyre to the role of Chief Information Security Officer (CISO).
Eyre will drive Drawbridge’s corporate cybersecurity strategy and oversee infrastructure, security and privacy initiatives as the company continues its rapid global growth. Eyre also serves as Managing Director and Head of Europe for Drawbridge.
Eyre has over 20 years of experience in cybersecurity, technology architecture and IT governance, and has leveraged his industry expertise to launch Drawbridge’s EMEA operations and lead its engineering, product and customer engagement teams across Europe. With his elevation
The hedge fund industry added to its gains in April, returning 2.14 per cent as the industry posted a sixth consecutive month in the black, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. By comparison the S&P 500 Total Return Index gained 5.34 per cent in April.
For the year to date, the hedge fund industry gained 7.06 per cent through the end of April. The S&P 500 Total Return Index returned 11.84 per cent over the same period.
All sectors but two tracked in the Barclay Hedge Fund Indices were in positive
Brummer & Partners’ flagship multi-strategy fund has slipped into the red so far in May according to mid-month estimates, with a sharp dispersion in returns across its underlying equity, macro and trend-following strategies – but the long-running Stockholm-based vehicle remains in positive territory year-to-date.
Brummer Multi-Strategy, which comprises a range of hedge fund sub-strategies, has lost 0.8 per cent in the first two weeks of May, the firm said in an update on Tuesday. Despite the recent dip, the strategy’s SEK class is still up 1.1 per cent since the start of January.
The twice-levered BMS 2xL version of the
Cryptocurrency exchange Bybit has announced today it will launch an ether futures contract on 20 May, further diversifying its offerings of the leading altcoin.
