Solutions
Cobalt, a multi-award-winning provider of FX and Digital Asset risk and settlement infrastructure, has partnered with Spotex, a developer of FX technology solutions, to provide clients with dynamic credit management tools.
Read the full story at Institutional Asset Manager…
Cowen Inc has appointed Adam Strout as a Director in the Company’s Outsourced Trading division.
Strout brings decades of experience in trading global equities for institutional clients at large brokerages as well as directly for portfolio managers at well-known investment management firms. A long-time resident of Massachusetts, Strout will be based in Cowen’s Boston office and work with the firms’ global team of 38 traders, across the US, Europe and Asia, to bring our differentiated Outsourced Trading solution to clients in his local market. Strout will report to Bobby Croswell, Head of US Equity Outsourced Trading.
“Investment managers based
Digital token trading platform Bitfinex has launched Increase Position and Bitfinex Borrow features for paper trading, enabling users to explore and better understand these features in a simulated market environment without the use of real funds.
Users can now choose the Increase Position feature to create or increase a margin position, adding exposure without the need for additional trading, in their paper trading sub-accounts. This allows users to maintain their exposure to a digital token such as bitcoin, while adding liquidity to their portfolio which could then be used for further trading strategies.
Users who access Bitfinex Borrow with their
US hedge fund titan Kenneth Griffin (pictured), founder, CEO and co-CIO of Citadel, says the recent GameStop trading frenzy demonstrates the need to overhaul the settlement process in markets, and wants a shorter timeframe for settling trades, along with more transparent capital models.
State Street Corporation has launched Insights, a new research platform that offers clients proprietary research, exclusive data-driven indicators and the latest market commentary from the firm’s team of global macro strategists.
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Refinitiv has launched MarketPsych ESG Analytics, a new analytics tool to provide numerical ESG insights on companies and countries based on news and social media monitoring.
iCapital Network has partnered with the Chartered Alternative Investment Analyst (CAIA) Association to launch of AltsEdge, a new education initiative designed to help financial advisers better understand alternative investments and how they can leverage these products to improve client outcomes.
Read the full story at Wealth Adviser…
Digital token trading platform Bitfinex has increased the maximum leverage for margin trading on the bitcoin-US dollar pair to from 5x to 10x.
In addition, the maximum borrowing amount on Bitfinex Borrow has been increased from 80 per cent to 90 per cent of collateral for USD loans using BTC as collateral and BTC loans using USD as collateral.
“Increasing the maximum leverage for margin trading on BTC/USD will help facilitate more advanced trading strategies and the management of risk,” says Paolo Ardoino, CTO at Bitfinex. “Meanwhile, the increase in the maximum borrowing on collateral for Bitfinex Borrow will provide
Diginex Limited, a digital assets financial services company, and Itiviti, a global technology and service provider to financial institutions, have launched ‘Access’, a front-to-back trading, portfolio, and risk management solution that enables the trading of cryptocurrencies and crypto derivatives across several platforms.
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Bitwise Asset Management has launched the Bitwise DeFi Crypto Index Fund.
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