Solutions
BtcTurk, Turkey’s largest cryptocurrency exchange, and Tether, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, have made tether (USDt) tokens available on BtcTurk | PRO. BtcTurk | PRO allows users to circulate USDt tokens rapidly across integrated exchanges to take advantage of pricing differences, thereby reducing counterparty risks and improving trading privacy. As a highly innovative sidechain, Liquid provides guarantees on the speed and confidentiality of USDt token transactions to other Liquid-integrated exchanges and wallets.
“We anticipate a ready demand among the user base of BtcTurk | PRO for Tether,” says Paolo Ardoino, CTO at Tether. “The
Portfolio managers face conflict every day as their ideas and levels of conviction are constantly tested. But as we all continue to adapt to remote working, finding a level of detachment from the office environment seems to be helping PMs re-affirm their edge and listen with greater clarity to their intuition. Could the home office now become a semi-permanent arrangement in pursuit of improved portfolio performance?
Moorgate Benchmarks has been appointed by TP ICAP, a provider of market infrastructure and the world’s largest interdealer broker active in the world’s financial, energy and commodities markets, as the independent administrator of a number of its ISDA-referenced interest rate swap (IRS) benchmarks.Read the full story at Institutional Asset Manager…
Beeks Group has launched Beeks Analytics as a Service, a new network monitoring and trade analytics tool. Beeks Analytics as a Service is a cloud-neutral monitoring solution for the financial markets and uses Velocimetrics technology to provide financial clients with the ability to consume powerful wire-based analytics as a cloud hosted offering.
“Up until today, clients putting in place a network monitoring and analytics solution have needed to wait for hardware to be delivered and configured before they can benefit,” says Matthew Cretney, Head of Product Management for Beeks, ‘or they have found themselves locked in with one particular hosting provider,
The Crypto Finance Group is launching stop loss and stop limit orders for over 15 currency pairs enabling new quant trading strategies for institutional and banking clients. The top five crypto assets can be traded against Swiss francs, euros, and US dollars.
Although available in retail crypto exchange environments, the Crypto Finance Group is the first worldwide to provide crypto brokerage services for these order types with this level of automation and sophistication.
Crypto Finance now makes a growing range of quant and algorithmic crypto trading strategies possible, when stop loss or stop limit orders are placed in combination with limit
According to data presented by AksjeBloggen.com, the market capitalisation of the world’s second-largest crypto coin, ethereum, has soared by 213 per cent YTD to USD44.3 billion, a 2.5 times bigger increase than the leading cryptocurrency bitcoin.After an impressive performance in the first two months of 2020, ethereum market capitalisation slumped by 58 per cent in the second week of March, falling to USD12.7 billion, revealed the CoinMarketCap data.
However, the price of the world’s second-largest crypto coin quickly bounced back, with market cap recovering to USD25.1 billion in the second quarter of 2020. Statistics show the increasing trend continued in
After initiating a Brexit solution that would have been MiFID based and anchored in Luxembourg, Laven Group has announced it is not pursuing this as a viable solution.
As hedge fund managers continue to navigate the Covid-19 environment there are several potential issues that could arise as they manage the impact of the pandemic on their business and re-calibrate strategies to take advantage of market opportunities.
Kevin Huys, Director at of HTC Fiduciary Services Limited, “Harbour”, comments on this development: “We’re seeing the potential for managers to re-evaluate their asset allocation and the focus of their strategies as a result of the Covid-19 pandemic and its impact on markets. Some managers are seeing opportunities in different areas of their strategies, whether that be geographic, sector specific or otherwise,
Cappitech, a provider of regulatory reporting, best execution analysis and business intelligence solutions for the financial services industry, has published its third annual global regulatory reporting survey in which it finds that the majority of firms (65 per cent) have had to change their reporting in the last 12 months, mostly due to inefficiencies and errors.
As Luxembourg attracts growing numbers of fund managers and service providers, the progress is raising concerns among those with existing operations in the region. Attracting and retaining top talent is becoming more of a struggle as the number of players increases and the industry needs around compliance continue to mount.
