Solutions
SFOX, an independent crypto prime broker, providing global liquidity and best price execution from a single account, has appointed Shawn Egger as Head of Execution Services. In this role, Egger will be responsible for globally expanding the distribution of SFOX’s execution and liquidity services and managing the firm’s institutional client-facing business in digital assets for liquidity, trade execution and prime services.
Egger joins SFOX from Jefferies, where he was the Senior Vice President of FX Sales Trader and previously held the position of Head of FX Sales at Euronext, the largest stock exchange in Europe, and Head of FX Market Making
Texture Capital, an institutional marketplace for private capital, has been granted Financial Industry Regulatory Authority (FINRA) membership approval to commence operations as a digital securities broker-dealer and operate an Alternative Trading System (ATS).
Helmed by capital markets and blockchain industry veterans, this important milestone will enable Texture to begin issuing, tokenising, and trading digital securities.
Texture Capital is a technology-driven marketplace focused on enabling institutions to more efficiently and directly participate in the private markets. Texture uses blockchain technology and smart contracts to streamline the current market structure for private placements.
“We are delighted to achieve this milestone, and excited
Amundi has completed the full integration of the Luxembourg-domiciled fund platforms of Goldman Sachs Fund Solutions & Origination, an activity of Goldman Sachs Global Markets Division (GSFSO).Amundi Luxembourg, one of Amundi’s four main hubs for fund hosting services meeting UCITS and AIFM directives, has become the “Management Company” of three Luxembourg systematic and alternative management Sicavs with total assets under management on behalf of GSFSO of EUR2.6 billion. Amundi manages, controls and supervises Luxembourg investment vehicles based on GSFSO’s systematic trading strategies. Amundi also provides a management service as well as the analysis and monitoring of the external managers present
Intercontinental Exchange has launched clearing for Credit Default Swap (CDS) Index Options, bringing greater capital efficiencies, price discovery and risk management to the CDS market. Read the full story at Institutional Asset Manager…
Tradition, one of the world’s largest interdealer brokers in over-the-counter commodity and financial products, has facilitated the first, brokered CAD/USD cross-currency swap trade using LCH SwapAgent.The CAD/USD trade was executed between two parties on 22 October 2020. As an established broker with a strong global presence and connectivity, Tradition was the ideal partner to facilitate this trade.
SwapAgent is a service designed to simplify the processing, margining and settlement of non-cleared derivatives. It benefits from LCH’s expertise in serving and managing risk for the cleared Rates and FX derivatives market.
Michael Foulon, Senior Vice President of Canadian Derivatives
Northern Trust has launched of its next-generation investor portal for alternative asset managers, offering updated data feeds, customised views and analysis.Increasingly, investors seek digitised investment data to move away from paper and toward cloud-based platforms that offer 24/7 access to their portfolio information in order to empower their decision-making process. Built in partnership with fintech provider InvestCloud, the investor portal enables alternative asset managers to provide a powerful data experience to their investors while gaining a deeper understanding of their investor base.
“We aim to be an extension of our clients’ business and understand the significant role that technology plays
The European Energy Exchange (EEX) has been re-appointed by the European Commission as the common auction platform (CAP) for EU ETS emission allowances, following the successful participation in the tender process.The European Commission has signed a contract with EEX and its clearing house European Commodity Clearing (ECC) for running Europe-wide primary market emissions auctions for another period of up to five years. The auctions will be held on behalf of 25 EU Member States, three EEA EFTA states as well as for the Innovation Fund and the Modernisation Fund.
Peter Reitz, Chief Executive Officer of EEX, says: “We look forward
Digital asset exchange operator CrossTower has announced USD150 million traded on its platform since its launch in May, and a record USD60 million in volumes traded in October. This makes CrossTower one of the fastest growing exchanges in the US, based on the value of instruments traded. CrossTower’s platform has been methodically built for institutional and individual investors with best-in-class safeguards, services and technologically advanced capabilities.
“The rapid rise of our trading volumes is a testament to our leadership in building a credible exchange and our commitment to compliance,” says Kapil Rathi, CEO of CrossTower. “Our bench strength and the rigour
AccessFintech, a fintech company evolving the financial operating model through data and workflow collaboration, announces the launch of has launched a new derivatives cash payments affirmation service, working with Goldman Sachs.Read the full story at Institutional Asset Manager…
Buoyed by growing institutional appreciation of the potential of digital assets, ByteTree Asset Management has launched with the aim of offering professional investors means to access the asset class in a regulated manner, with the highest quality operational and legal structures. Read the full story at Institutional Asset Manager…
