Solutions
Artificial intelligence startup KelAI has secured $5m in seed funding to accelerate development of an autonomous research platform designed for hedge funds and other institutional investors, according to a report by CityBiz.
Bank of New York Mellon is preparing for round-the-clock settlement in US Treasuries as the growth of stablecoins and other tokenised assets begins to put pressure on traditional financial market infrastructure, according to a report by Bloomberg.
Trump Media & Technology Group is seeking to charge hedge funds and proprietary trading firms as much as $100,000 a month for faster access to Donald Trump’s posts on Truth Social, potentially turning the US president’s social media activity into a premium source of market intelligence, according to a report by the Financial Times.
Brokerage infrastructure provider Alpaca has secured $435m in new funding as it accelerates plans to expand into institutional markets, including hedge funds, market makers and potentially prime brokerage services, according to a report by Bloomberg.
Equity-focused investment manager TimesSquare Capital Management has selected Bloomberg’s buy-side technology platform to integrate its portfolio analytics and research management capabilities into a single investment workflow.
FlexTrade Systems has partnered with portfolio analytics specialist Portx to expand the real-time risk management and portfolio construction capabilities available through its FlexONE order and execution management system (OEMS).
CME Group has introduced a new trading tool designed to simplify execution of US Treasury basis trades, a strategy widely used by hedge funds that has attracted increasing scrutiny from financial regulators over its potential impact on market stability, according to a report by the Financial Times.
Horizon Trading Solutions has expanded its electronic trading platform to support market making on Kalshi, the CFTC-regulated prediction market, as institutional participation in event-driven trading continues to grow.
Trading Technologies (TT) has expanded its trade surveillance capabilities with the launch of new market replay and case management tools designed to improve monitoring across multiple asset classes.
Waypoint Trading Solutions, part of TNS, is expanding its European exchange connectivity network with a new presence at the Equinix MD6 Madrid Data Center, positioning itself ahead of planned infrastructure changes at Spain’s main market operator.
