Solutions
Corgentum Consulting, a provider of operational due diligence reviews and background investigations, has launched a new suite of compliance, operations and risk products to support cryptocurrency investors and asset managers in digital currency investment strategies.
These new services will complement Corgentum’s already industry leading alternative investment operational due diligence (ODD) and investigative offerings.
With the explosive growth of virtual currencies bitcoin (BTC) and digital tokens such as ether (ETH) institutional investors and funds are rapidly putting more assets to work across the entire digital asset spectrum. Corgentum’s new products will offer cryptocurrency solutions for crypto asset managers including:
• Compliance
Bridge Mutual, a decentralised, peer-to-peer discretionary coverage platform for digital assets, has partnered with AllianceBlock, a decentralised, blockchain-agnostic layer 2 protocol that bridges traditional and decentralised finance.
Read the full story at Institutional Asset Manager…
AcadiaSoft, a provider of risk and collateral management services for the derivatives community, has acquired capital markets consulting and software company Quaternion.
Read the full story at Institutional Asset Manager…
The Hedge Fund Association (HFA), an international nonprofit trade and nonpartisan lobbying organisation, has added new HFA Officers, Regional Directors and Committee Leaders.
HFA’s leaders are all elected and appointed volunteers that work on behalf of the entire alternative investment industry, including hedge funds, private equity, venture capital, real estate and wealth management firms, institutional investors, family offices and service providers.
“It’s an honour to be chosen by my fellow global board members to serve as the HFA’s first Chief Operating Officer. In this role I look forward to enhancing operations and helping ensure that we continue to deliver valuable
The European Power Spot markets, operated by EPEX SPOT, increased by 3 per cent to 54.7 TWh in January, according to the latest data released by EEX.
The increase was driven by a strong performance in both the Intraday (+2 per cent to 10.3 TWh) and the Day-Ahead markets (+3 per cent to 44.5 TWh) which also achieved a number of new records. Notably, the French Day-Ahead reported a new high of 11.8 TWh (previous record in March 2020: 11.7 TWh).
In European Power Derivatives, the Swiss (1.2 TWh), Nordic (766.3 GWh) and UK (251.4 GWh) markets reported triple-digit growth.
Bitfinex, a digital token trading platform, has seen a 300 per cent increase in new accounts in the first month of 2021.
Bitfinex’s customer growth has been further underlined by a jump in activity by customers using the exchange’s mobile app, with downloads to the app increasing by 164 per cent in January. Furthermore, the exchange’s Honey Framework, which enables users to create custom order types or event-driven automated trading strategies, has seen visitors to the framework more than triple.
Bitfinex has already established itself as an institutional hub in crypto, offering high-speed, state-of-the-art trading infrastructure. In collaboration with Market
During the last quarter of 2020, Cyprus-regulated hedge fund ARK36 D delivered more than 118 per cent return on investment, focusing exclusively on the bitcoin and cryptocurrency asset markets.
This was the fund’s first operating quarter since launch in October 2020. Additionally, ARK36 has seen a fourfold increase in investors in that period and has delivered more than 50 per cent returns since the start of the new year.
The fund’s Danish management, including Ulrik Lykke, Mikkel Mөrch, Jacob Skaaning, and Marck Bertelsen, believes that the potential of cryptocurrencies as an asset class will continue to grow over time and is
Tickeron, an artificial and human intelligence platform delivering unparalleled trading insights and analysis, has launched a new AI Robots tool for pair trading.
Read the full story at Wealth Adviser…
Bitfinex, a digital token trading platform, has launched historical funding statistical data on Bitfinex Terminal, a real-time market data feed.
Bitfinex customers can obtain free access to key metrics of the funding market, such as the Flash Return Rate (FRR), total amount provided, average period, and total amount used. Bitfinex users can leverage this funding statistical data, along with existing public trade data, to enhance the backtesting of trading ideas and power algorithmic trading strategies.
“We’re pleased to provide this advanced tool enabling a more granular analysis of historical funding data for our growing number of algorithmic traders,” says Paolo
As dust settles on GameStop carnage, hedge funds ponder lasting impact of ‘Reddit raid’ on short selling
As dust settles on GameStop carnage, hedge funds ponder lasting impact of ‘Reddit raid’ on short selling