Solutions
OptionMetrics, an options database and analytics provider for institutional investors and academic researchers worldwide, has released OptionMetrics IvyDB Canada 3.0 with comprehensive historical price, implied volatility (IV), and sensitivity data on optionable securities across Canadian indices and equity options.
Major upgrades to the database include extension of the volatility surface to better assess shorter- and longer-term strategies, and the addition of a forward price table to calculate option values at different maturities.
OptionMetrics adds 10 days and additional delta values of 10, 15, 85, and 90 (negative for puts) to grid points in its volatility surface. This update allows
Ninety One, a global investment manager, has extended its long-time relationship with SS&C. The firm has retained SS&C Global Investor and Distribution Solutions (GIDS) to provide transfer agency services to its Ninety One Fund Managers UK Limited business.
SS&C supports Ninety One’s UK business with a full range of transfer agency services, including investor, distribution and analytics solutions. As part of the agreement, SS&C will work with Ninety One to enhance the funds’ digital investor engagement and further develop analytics capabilities.
“We are pleased to continue our long-standing partnership with SS&C,” says Cora Kielblock, Head of Global Operations. “SS&C
Digital asset investment products saw another week of outflows totalling USD19.5 million, the fourth consecutive week of outflows, according to the latest Digital Assets Fund Flows weekly report from CoinShares.
Since the outflows began, prompted by negative price action in mid-May, outflows have totalled USD295 million, representing 1 per cent of assets under management.
Bitcoin saw outflows totalling USD20 million, its fourth consecutive week of outflows.
Multi-asset investment products continued to buck the trend with another week of inflows totalling USD7.5 million.
TraditionDATA, the data and information services division of Compagnie Financière Tradition (Tradition), has launched its new Secured Overnight Financing Rate (SOFR) Indicative Rate Service.
Tradition will combine market leading general collateral (GC) repo trade and volume data sourced from its number one interdealer brokerage desk, alongside anonymised tri-party repo trade and volume data from BNY Mellon.
The service takes the incoming data from both providers and uses a proprietary methodology to produce a volume-weighted median repo rate throughout the day which is intended to inform market participants’ assessment of where SOFR will fix the following day.
Scott Fitzpatrick,
Broadridge Financial Solutions has acquired Alpha Omega, a market-leading FIX-based post-trade solutions provider for the investment management industry. This acquisition builds on Broadridge’s recent acquisition of Itiviti.
Following HM Revenue & Customs’ (HMRC) recently published manual on cryptoassets, Stephen Kenny from Blick Rothenberg’s Financial Services team provides guidance on what they are, how they’re used and how they’re treated for tax purposes.
Bitfinex Derivatives, a derivatives platform accessible through the Bitfinex digital token trading platform, has launched a perpetual contract for solana (SOLF0:USTF0).
Solana (SOLF0:USTF0) will go live on 02/08/21 at 10:00 AM UTC. The contract offers users up to 100x leverage and will be settled in tether tokens (USDt).
“We’re delighted to announce the addition of Solana to the growing portfolio of perpetual swaps available to trade on the exchange,” says Paolo Ardoino, CTO at Bitfinex Derivatives. “We anticipate great interest in these products, particularly among funds and professional investors for hedging purposes and to manage risk.”
Bitfinex Derivatives platform and
Appital has partnered with pan-European MTF Turquoise, which is majority owned by London Stock Exchange Group in partnership with the user community, to unlock latent liquidity opportunities and bring further efficiency to equity capital markets.
Appital gives the buy-side community greater exposure to deal flow opportunities they have not been able to access before. The Appital platform unlocks latent liquidity and efficiently drives a bookbuilding process, providing deal originators with opportunities to execute large volumes, often in excess of five days of ADV, with minimal market impact or risk of price erosion. At the same time, the platform enables deal
State Street Corporation is to provide digital and cryptocurrency asset fund administration capabilities for the firm’s private funds clients.
In partnership with Lukka, an enterprise crypto asset data and software provider, State Street will support its private fund clients with collection, standardisation, enrichment, reconciliation, processing and reporting related to crypto and other digital assets.
The partnership is State Street’s latest effort in the digital and crypto asset space following the launch of State Street Digital, a division focused on addressing the industry’s evolving shift to digital finance, and comes after Lukka’s Series C funding round in December of 2020,
The Covid bet: How the pandemic has disrupted the Momentum-Value equity equation
The Covid bet: How the pandemic has disrupted the Momentum-Value equity equation