Solutions
Bitfinex Derivatives has launched perpetual contracts for litecoin/bitcoin and polkadot/bitcoin, offering usersup to 100x leverage. Both will be settled in bitcoin (BTC).
“We’re pleased to add to our growing list of perpetual contracts available to trade on the exchange,” says Paolo Ardoino, CTO at Bitfinex Derivatives. “We anticipate great interest from funds and professional investors in the new Litecoin/bitcoin and Polkadot/bitcoin perpetual contracts.”
Bitfinex Derivatives platform and products are only available in eligible jurisdictions, and are exclusive to verified users.
Avelacom, a low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has deployed a new point-of-presence (PoP) in San Jose, California.
The new PoP is located in Equinix SV1, San Jose data centre and Avelacom has also set up AWS Direct Connect aimed at providing direct access to AWS-based crypto trading platforms, pricing feeds and other critical trading applications via private network rather than over public internet. Crypto market participants will gain enhanced speeds (improvements up to 20-30ms round-trip latency) and guaranteed resiliency for infrastructure and data.
With this new point-of-presence Avelacom has created a
The “private debt” bucket within the fund industry has seen tremendous growth, opportunity, and evolution over the last few years, with no signs of slowing down. The definition and composition of the private debt space has expanded in both breadth and depth, which has led to exciting operational considerations.
Private debt is used as a broad term for all non-listed debt and credit portfolios. “It is a resilient asset class due to its diverse make-up and ability to remain relevant and attractive to investors during all market cycles,” says Jorge Hendrickson, Chief Revenue Officer at Opus Fund Services.
For context,
The complexity of how private debt funds are structured and managed is increasing. Cost and expenses related to private debt funds are also becoming more intricate. Newly launches, in particular, need to identify where to keep their expenses low and use their budget in ways to help maximise their output.
“As managers move into new asset classes, they need an accounting system to handle them. In cases where the client is still building their fund, they may need to hire additional staff to manage multiple accounting solutions, which comes at a cost,” highlights Aani Nerlekar (pictured), Director, Solutions Consulting at
By Scott Turley (pictured), Broadridge Financial Solutions – Private debt is expected to be one of the few asset-class winners of the Covid-19 crisis. As institutional investors struggle to obtain decent returns due to low interest rates and irrationally priced equity markets, many are turning to private debt managers to improve performance.
EFA is to use Refinitiv as its primary data source for Securities operations. This decision reinforces and expands the long-standing relationship between EFA and Refinitiv.
Read the full story at Institutional Asset Manager…
Pangolin, a community-driven decentralised exchange (DEX) for Avalanche and Ethereum assets, has launched on Avalanche.
Read the full story at Institutional Asset Manager…
Copper.co, a London-based digital asset infrastructure provider, has completed its integration with Avalanche, an open-source platform for launching decentralised applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem.
Read the full story at Institutional Asset Manager…
UMB Fund Services has been retained to provide fund administration, accounting, transfer agency, distribution and custody services for the Hamilton Lane Private Assets Fund (PAF), which merged from a private to registered product to become the firm’s first US evergreen fund.
“We are pleased to continue providing services to Hamilton Lane following the conversion of the firm’s private fund into a registered product,” says Maureen Quill, executive vice president, executive director of registered funds at UMB Fund Services. “We look forward to supporting the growth of Hamilton Lane’s Private Assets Fund with our expertise as the firm markets the fund
The European Power Exchange EPEX SPOT and its clearing house European Commodity Clearing (ECC) have launched a Day-Ahead market in Poland, extending their offering in Central Europe.
This was enabled through the Polish Multi-NEMO Arrangement (MNA) implemented on 9 February.
On the first day, 1,347 MWh were traded on the Polish Day-Ahead market of EPEX SPOT.
“The extension of our Day-Ahead offering to Poland, one of Europe’s largest electricity markets, provides clear advantages for our members” says Ralph Danielski, Chief Executive Officer of EPEX SPOT. “Our customers active in Poland will benefit from the same robust systems and efficient interfaces
