Latest News
GTS, an electronic market maker across global financial instruments, is joining the Pyth Network, a decentralised financial market data distribution platform.
Read the full story at Institutional Asset Manager…
Tourmaline Partners, an outsourced trading solutions firm, has appointed industry experts David Toy and Chris Arkin as senior traders.
With these new hires, Tourmaline further enhances its capabilities in the Australia-Pacific (APAC) region and in the derivatives trading space, as demand broadens globally for the firm’s trading, operations and commission management expertise. Toy is based in Australia and Arkin works at Tourmaline’s headquarters in Stamford, Connecticut.
Toy joins Tourmaline with nearly two decades in senior trading roles with Tier 1 hedge funds and asset managers specifically focused on trading Asian securities. He was most recently Director of Trading, Asian Equities
The hedge fund and alternative investment sectors now have a vital role to play in boosting UK growth and innovation as the country recovers from the economic impact from Covid-19 and readjusts to life outside the EU, the Alternative Investment Management Association and Alternative Credit Council have said.
AIMA, the global hedge fund industry trade body, and its private credit affiliate the ACC, have published a new policy paper setting out how, in practical terms, the industry can support the UK government’s goals in increasing economic growth, boosting productivity and levelling up across the UK.
The policy objectives, which cover
Hedgeweek, in partnership with Bloomberg, is starting the analysis of US and Americas-based hedge fund performance ahead of the annual Hedgeweek Americas Hedge Fund Awards. Hedge funds who wish to be considered for the awards must have a fund profile on Bloomberg’s Hedge Fund Database by 25 June, 2021.
Optiver, a market specialist in S&P derivatives, welcomes CME’s move to make options on its flagship E-mini S&P 500 futures contracts eligible for block trading. Block trading combines the benefits of direct liquidity sourcing with electronic execution to provide end users with the ability to transact during an extended 23-hour trading day. This move will broaden market access for institutional users, boost liquidity and strengthen market structure.
Read the full story at Institutional Asset Manager…
Marex, a tech-enabled liquidity hub for participants in global commodities and financial markets has selected Genesis to fully digitise middle office workflows for its new equities market making business.
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 Sayant Chatterjee as Chief Operating Officer.
Read the full story at Institutional Asset Manager…
Paradigm Governance Partners, a governance and financial services firm with a presence in the Cayman Islands and the US, has hired an experienced fiduciary professional to assist the business and to provide support to its compliance and regulatory team.
Tanya Jamieson joins Paradigm after several years working for Intertrust Corporate Services (Cayman) in a senior fiduciary role. She provided corporate secretarial and board support to an extensive portfolio of clients, which included some of the world’s largest Fortune 500 groups. She also worked closely with the unit trust team and the management board of Intertrust.
Prior to working for Intertrust,
Kepler Partners has successfully launched the KLS Athos Event Driven Fund on its Kepler Liquid Strategies UCITS platform, raising over USD70 million of external capital for this new alternative UCITS fund.
The KLS platform now has six funds and assets under management of USD1.4 billion.
The KLS Athos Event Driven Fund is managed by Athos Capital Ltd from their offices in Hong Kong, and follows the firm’s flagship, equity-biased Asian event driven strategy. The strategy focuses on short- dated and liquid hard-catalyst events, with a significant weighting to Asia. The firm’s flagship fund, upon which the UCITS is based has