Solutions
Infrastructure and connectivity provider, BSO, has gone live in the Italian city of Bergamo, in keeping with its plans to cover more of Europe with its low-latency network.
This expansion of BSO’s network will enable businesses to co-locate and directly access leading exchanges based in the region, which is just 40km away from financial capital Milan.
In a move that marks the impact of Brexit on the industry, the biggest stock market operators and exchanges in the EU have confirmed imminent plans to transfer their trading platforms out of the UK and into other areas throughout Europe, such as Bergamo.
Digital asset investment products saw inflows totalling USD88 million last week, although this masks very mixed flows across providers, according to the latest weekly Digital Asset Fund Flows report from CoinShares.
Some providers saw outflows representing as much as 11 per cent of assets under management (AuM) while others saw inflows representing 14 per cent of AuM.
Solana, Tron and Multi-asset investment products bucked the trend with inflows totalling USD19 million, USD17 million and USD15 million respectively.
The recent price appreciation of Tron, a “world computer” coin, has pushed its total AuM to above that of Cardano.
London platform Falcon Investment Management is planning to launch a fund of crypto hedge funds with the goal of raising USD250 million for the new product over the next year.
Due to debut in January, the Cayman-domiciled Falcon Fund of Funds will initially invest in five crypto-focused hedge fund teams that sit within Falcon’s platform and are subject to the firm’s risk and compliance controls.
The five separate teams manage arbitrage, market neutral, volatility, directional, and DeFi focused crypto strategies. The fund will charge one and 15, with monthly liquidity. There in an investment minimum of USD100,000.
The plan is
Options, a provider of cloud-enabled managed services to the global capital markets, has secured its fourth Microsoft Gold Partner Status in the “Project and Portfolio Management” competency.
Microsoft’s Project and Portfolio Management competency demonstrates Options’ acumen when designing, building, and deploying enterprise-wide Project Management solutions for customers.
Options has previously been awarded Small and Midmarket Cloud Solutions Gold Partner, Cloud Productivity Gold Partner and Cloud Platform Gold Partner status.
Reactive Markets, provider of Switchboard, a cross-asset trading and price streaming network, has formed a strategic partnership with Tradefeedr, an independent data and analytics provider.
Vistra has launched a new investor servicing portal, VFunds 2.0, which is powered by Eleven. The launch includes the seamless migration of Vistra’s entire US business to VFunds 2.0.
VFunds 2.0 is now being rolled out to clients around the world. It brings Vistra’s Investor Relations teams new capabilities to easily and accurately deliver investment documents and communications to investors inside each client’s own branded, interactive online environment. It simultaneously enables investor contacts to easily access the documents they need and across multiple investments.
French systematic equity hedge fund Quantology Capital Management has launched a novel computer-based strategy which trades in the metaverse.
Decision intelligence firm Ideal is now offering its performance analytics solution to fixed income traders within Broadway’s secure environment.
The partnership between Ideal and Broadway provides traders with turnkey access to industry-leading analytics and actionable insights.
The Ideal Flow solution allows traders to easily review client transaction cost analysis (TCA), compare client profitability, and assess risk in both human and electronic trading. Ideal Flow enables traders to instantly visualise historical trends as well as drill down into trade activity millisecond by millisecond. Integrated market data provides valuable context on market share movements.
FTX US, a US-regulated cryptocurrency exchange, is to deploy the Eventus Validus platform to conduct trade surveillance and risk monitoring on FTX US, and FTX US Derivatives, its recently acquired licensed cryptocurrency futures and options exchange and clearinghouse.
FTX US Derivatives plans to leverage the substantial alert coverage, end-to-end trade practice investigation tools, and advanced data tagging provided by Validus to surveil its listed derivatives market. In addition, FTX US Derivatives and FTX US plan to implement cross-market surveillance to detect behaviour that spans multiple asset classes and order books, and utilise machine learning-based noise reduction tooling in Validus to
Bitfinex Derivatives a derivatives platform accessible through digital token trading platform Bitfinex, has launched perpetual contracts for Neo and Zcash.
NEOF0:USTF0 and ZECF0:USTF0 will go live on 8 December and will be settled in tether tokens (USDt). Both contracts offer users up to 100x leverage.
