Solutions
Cryptocurrency exchange FTX is joining ClearLoop, Copper’s unique instant settlement trading network. Copper’s client base of over 300 institutional asset managers will now be able to trade FTX’s innovative range of products seamlessly with their funds safely secured within Copper’s platform.
Read the full story at Institutional Asset Manager…
CME Group’s international average daily volume (ADV) reached 5.1 million contracts in Q2 2021, up 6 per cent year on year.
Reflecting all trading done outside North America, this volume was driven by global growth in Agricultural and Interest Rate products, up 30 per cent and 42 per cent respectively. Agricultural products also established record quarterly volumes in Europe, Middle East and Africa (EMEA), as well as Asia Pacific and Latin America.
“In the second quarter of this year, we saw strong interest across our international client base, especially in our Agricultural products which established record quarterly volumes,” says William
Exchange Data International (EDI), a provider of global security corporate actions, pricing, and reference data services, has partnered with XTAL Strategies, with the aim of supporting XTAL’s new regulated private market benchmark initiative.
Read the full story at Institutional Asset Manager…
Grayscale Investments, a digital currency asset manager and the manager of Grayscale Digital Large Cap Fund (OTCQX: GDLC) (the Fund), has announced that the Registration Statement on Form 10 that it filed with the Securities and Exchange Commission (SEC) on behalf of the Fund has become effective.
The Fund is Grayscale’s first diversified digital currency investment fund to become an SEC reporting company with its shares registered pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended (Exchange Act).
Grayscale also announced today that it has publicly filed three additional Registration Statements on Form 10 with the
IS Prime has created a new spread index swap offering, allowing clients of the ISAM Capital Markets Group to trade indices and oil with variable spreads.
This latest development provides clients with even more competitive pricing and more accurately reflects the market conditions and available liquidity in these products. It is part of the Group’s broader strategy to launch a range of new products, adding further value to brokers, hedge funds and professional trader clients.
Barry Flanigan, Head of Distribution and Liquidity, IS Prime, says: “Traditionally, Liquidity Providers offer fixed spreads on indices and oil but we have seen
Digital asset products saw minor outflows totaling USD4 million last week in what was the quietest trading week since October 2020, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.
Minor outflows were seen in bitcoin totalling USD7 million last week while trading volumes in investment products totalled just USD1.58 billion for the week.
In recent weeks there has been a regional divide in bitcoin inflows with North American providers seeing consistent inflows while their European counterparts have continued to see outflows.
Multi-asset investment products were the most popular last week with inflows totalling USD1.2 million.
EBS, a leading provider of electronic trading platforms and technology services in foreign exchange markets, has launched its next-generation EBS Direct platform.
Read the full story at Institutional Asset Manager…
Bullish, a technology company focused on developing financial services for the digital assets sector, is to go public through a merger with Far Peak Acquisition Corporation (NYSE: FPAC), a special purpose acquisition company (SPAC).
Read the full story at Prirvate Equity Wire…
Trident Trust entered the cryptocurrency sector in early 2017 as bitcoin was beginning to appreciate in value, and since then the global fund administrator – which services more than 500 funds globally, with AUM exceeding USD40 billion – has steadily carved out a burgeoning presence in the rapidly-growing digital assets sector, and now counts around 45 crypto funds among its clients.
Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, has completed the first fully electronic institutional Secured Overnight Financing Rate (SOFR) swap spread trade.
Read the full story at Institutional Asset Manager…
