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Over the past year, more than 100 clients globally have successfully implemented Bloomberg’s Buy-Side Solutions, which are used by some of the world’s largest asset managers, hedge funds, insurance companies, pension funds and government agencies.
Read the full story at Institutional Asset Manager…
TMX Group subsidiary Trayport Limited (Trayport) is to acquire Tradesignal, a provider of rules-based energy trading and analysis solutions.
“The acquisition of Tradesignal is another milestone in our growth strategy, as we continue to focus on meeting the increasing market demand for data and analytics, to support quantitative and automated approaches to trading,” says Peter Conroy, President, Trayport. “Tradesignal complements Joule, and combined with Trayport’s Data Analytics and autoTRADER solutions, will further enhance decision making and the trading experience. A large number of major European energy market participants are already existing Tradesignal clients, and we look forward to working with
Long-short equity hedge fund Argonaut Capital is eyeing a potential “treasure trove” of short opportunities in previously well-regarded stocks, as the changing inflationary environment and opening up of economies impacts markets.
Gemini now has more than USD30 billion in crypto under custody. Tracking with the impressive growth of the crypto market this year and increased participation from institutional investors, the company have more than tripled its crypto under custody since the beginning of 2021.
Gemini Custody includes: Qualified Custodian; Offline Cold Storage; Hardware Security Keys; Approved Address List; Instant Liquidity; Web Interface; and Sub-accounts.
The company serves a range of institutional clients, including hedge funds, trading firms, corporate treasuries, and asset managers. In March, Gemini launched Gemini Fund Solutions, which supports more crypto fund issuers than any firm in the world.
Global financial technology and professional services firm Arcesium has added several new professionals to its growing sales team focused on its institutional and alternative asset management segments.
Brian Dalia joins as Senior Vice President to spearhead the sales efforts for its Institutional Asset Management (IAM) practice. Matt Weisman has also joined as Vice President on the IAM sales team after 10 years at Broadridge, and will work closely with Mr. Dalia on engaging and serving the IAM industry.
Dalia has more than 20 years of experience in FinTech, with a focus on delivering for the middle- and back-office needs of
Transaction Network Services (TNS) now offers traders access to market data at one of the world’s largest exchanges, B3, in Brazil. This new offering is the first Latin American exchange connection for TNS, which has comprehensive access to all the world’s major exchanges delivered globally over its low latency network.
Read the full story at Institutional Asset Manager…
LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has appointed Frank Kost as Head of Sell-Side Business Development, North America. He will be based in the firm’s New York office.
Kost will oversee business development efforts for LBX Sell-Side, LiquidityBook’s industry-leading POEMS (portfolio, order and execution management system) purpose-built for the modern agency trading desk. He will play an instrumental role in bringing in new business and identifying long-term growth opportunities in North America, which continues to have the highest concentration of LiquidityBook clients of any region.
Kost most recently served as Director of Business Development
The first phase of Umbria Network’s DEX development has been completed. The DeFi protocol’s trading platform is fully functional with asset swaps and liquidity provision both successfully tested.
On testing, the transaction fees for swapping ERC20 tokens were less than USD0.001. The Layer 2 DEX is a modified version of SushiSwap with extra governance features.
The Umbria token list, which includes the ERC20 assets that users will be able to swap and provide liquidity for on Umbria DEX, can be viewed here.
The development team is currently building out the user interface with asset swapping on the Umbria
Redhedge Asset Management (Redhedge) has appointed Pierre Giannini as an Investor Relations Manager.
Based in the firm’s head office in Green Park, London, Giannini will focus on managing Redhedge’s existing and future client relationships in Europe. He will be reporting directly to the CEO, Andrea Seminara.
Giannini has an extensive experience in business development and investor relations, having developed strong connections in Europe and a deep expertise of alternative credit solutions at BlueBay, Barings, Daiwa SB Investments and most recently at RWC Partners.
Giannini says: “I am very excited to have the opportunity to join Redhedge to help
Planning for the unexpected
Planning for the unexpected