Solutions
By Sam Sturrock (pictured) & Paul Monahan – As frequent advisers on Jersey fund start ups, Collas Crill are often involved in preliminary structuring discussions with new fund managers and sponsors.
These sponsors are typically focussed on ‘alternative’ assets such as real estate, private equity, venture capital, debt and infrastructure assets for a professional / sophisticated / institutional / HNW / sovereign wealth fund investor base (i.e. not necessarily retail investors).
We understand the anxieties that often sit behind the questions we receive, namely:
• Will investors be turned off if I choose a particular jurisdiction and are my choices for
By Chris Griffin (pictured) & Robert Milner – Recently, the unprecedented combination of Brexit and Covid-19 has generated a sharp rise in the number of fund managers contemplating a move to Jersey. In this article, Chris Griffin, a funds partner in the Jersey office of leading offshore firm Carey Olsen, explores the reasons behind the increase in interest.
By A Paris – Jersey is capitalising on its future position outside of the EU to attract US fund managers to its shores. This is despite the potential uncertainty driven by the looming end of the Brexit transition period and the global pandemic.
“As the largest law firm in Jersey with the busiest investment funds practice, we have experienced a sharp increase in US managers seeking access to European Union or European Economic Area capital through the use of Jersey vehicles.
“This trend is also evidenced by assets under management for funds incorporated in Jersey with US managers or promoters having increased
Following three years of development by Wall Street veterans, Leverj launched the first high-speed decentralised derivatives exchange, which provides spot and futures trading of cryptocurrencies. DeFi Exchange Leverj.io and liquidity providers are now launching futures products (Perpetual Swaps) for bitcoin and ethereum against USDt on Leverj, bringing DeFi derivatives to market for the first time. Bitcoin and ethereum perpetual contracts against stablecoin DAI are already live.
Over the past 12 months, the DeFi ecosystem has grown exponentially, with the growth rate of trading volumes on decentralised exchanges (DEX) far outpacing centralized exchanges (CEX). In September 2020 trading volumes across DEXes
Avelacom, a high-performance global connectivity and IT infrastructure provider for the financial services industry, is adding the Brazilian Stock Exchange’s (B3) real-time market data to its service portfolio. Read the full story at Institutional Asset Manager…
Electra Information Systems (Electra), a provider of award-winning post-trade solutions for the buy-side investment management industry, has introduced a unified application programming interface (API) for its Electra Data aggregation service to help investment managers meet their evolving data aggregation and normalisation requirements. Read the full story at Institutional Asset Manager…
Torstone Technology, an SaaS platform for post-trade securities and derivatives processing, has continued to achieve significant growth throughout 2020, driven in part by volatile trading conditions leading to increased appetite among market participants for flexible and scalable automated post-trade solutions, as well as by accelerating industry adoption of cloud services. Read the full story at Institutional Asset Manager…
With bitcoin hitting the headlines in recent weeks, reaching an all-time high of USD19,915 on 1 December, investors have been keen to pile in. Even the likes of Bridgewater’s Ray Dalio and Paul Tudor Jones are coming around to the fact that there could be something happening with bitcoin, having made a Lazarus-like recovery since its price tanked close to USD3,000 in December 2018.
Castleton Commodities International (CCI), a global energy commodities trader, has selected OpenGamma’s analytics to optimise its margin requirements.With OpenGamma’s solution, CCI expects to reduce margin financing costs for its trading activity by evaluating all available clearing options across global exchanges and clearing houses.
“CCI has a long history of pursuing state of the art technology to maximise returns, and the use of OpenGamma to increase our margin efficiency is the latest example of this,” says John Boardman, Global Head of Merchant Operations at CCI.
“We are pleased to be working with CCI, one of the leaders in their
Vela, an independent provider of data and execution technology for global multi-asset electronic trading, is now offering execution services for US Equities and Equity Options.The new execution capabilities are available on Vela’s low-latency DMA Platform as well as its automated trading and market making front-end, Metro. Market access is offered through ED&F Man Capital Markets; Chicago-based GalNet Asset Management is the first client live on Metro with order routing via ED&F Man Capital Markets.
Through this collaboration with ED&F Man Capital Markets, traders at buy-side firms can leverage Vela’s low-latency, multi-asset DMA Platform via a single API to support
