Solutions
CMC Markets Institutional – a provider of liquidity and white label trading solutions – has extended its liquidity distribution through a partnership with Gold-i.Brokers, banks and hedge funds using Gold-i’s multi-asset liquidity management platform, Matrix, can now access nearly 10,000 different instruments from CMC Markets across a range of asset classes, all at highly competitive rates.
In addition to FX pairs, Gold-i clients can select from a wide range of indices, commodities, treasuries and single stock CFDs. Institutional clients wishing to extend their offering to include digital assets have the option to choose from 15 different cryptocurrency coins and indices.
Radix (www.radixdlt.com), the first layer-one protocol for decentralised finance (DeFi) has raised USD12.7 million to support the growth, decentralisation, and development of its platform for building and deploying DeFi applications. Read the dull story at Institutional Asset Manager…
Orient Capital, a specialist in share ownership analysis and identification, market intelligence, investor communication and shareholder management technology, has initiated two client projects by incorporating the ‘Proxymity ID’ technology into its existing analytical processing systems.Read the full story at Institutional Asset Manager…
FTX, a global cryptocurrency derivatives exchange, together with Digital Assets AG (DAAG) and CM Equity, is launching a first-of-its-kind fractional stocks offering.“Our traders have never seen crypto as a niche field,” says Sam Bankman-Fried, CEO of FTX. “These products demonstrate a powerful future, in which assets are digitised and traders have unlimited creative potential to express their beliefs about the markets.”
From 29 October, 2020 FTX exchange users will be able to register to access trading of more than a dozen equity and crypto pairs, featuring some of the most in demand stocks, such as TSLA, AAPL and AMZN.
The
Bitwise Asset Management, a provider of cryptoasset index funds to professional investors, has surpassed USD100 million in assets under management (AUM).The majority of demand has been for its Bitwise 10 Crypto Index Fund, which tracks the 10 largest cryptoassets—including bitcoin, ethereum, and litecoin—that historically comprise over 80 per cent of the entire crypto asset class. The fund is currently available as a private placement; shares are expected to start publicly trading later this quarter.
“2020 is the year crypto crossed the chasm for professional investors,” says Matt Hougan, Chief Investment Officer for Bitwise. “PayPal’s decision to embrace crypto last week
BidFX, a cloud-based provider of electronic foreign exchange trading solutions, has partnered with C8 Technologies, a direct indexing specialist, to enable asset managers to undertake direct indexing via their chosen relationship banks, available on the BidFX system. This will allow C8’s tradable FX indexes to be tracked and executed directly on the BidFX platform.
Initially, the C8 FX Combination Index, a monthly-trading, systematically-weighted aggregate of C8’s FX macro and risk-premia indexes will be available, with more to follow, including AI-driven FX indexes.
BidFX Head of EMEA Sales, Roger Lee, says: “Beyond the algo suite and execution tools, which traders
Connections, a platform that connects investment managers and allocators, has announced a technology and content partnership with TD Prime Services, LLC, a SEC and FINRA registered broker-dealer.Under the terms of the strategic partnership, TD Prime Services will adopt iConnections’ platform and technology to host its own capital introduction and thought leadership virtual events with iConnections.
In addition, TD Prime Services will be a Platinum sponsor of iConnections’ alternative investment in-person conference in January 2022 at the Fontainebleau Hotel in Miami.
TD Prime Services’ capital introduction teams will also use iConnections to arrange meetings and view activity updates between their client
100 Women in Finance, the 20,000-member global industry association for hedge fund, alternatives and investment management professionals, will host the largest ever dedicated global gathering of female investment managers and asset allocators next month, aimed at facilitating capital introductions during its flagship Global FundWomen Week.
100WF will hold the virtual event between 9-13 November, replacing previous in-person regional conferences. It will connect some 200 of the world’s top allocators with more than 180 women founders and managers from across the alternative and traditional asset management industries.
As well as representation from North America and Europe, for the first time ever
Prescient Fund Services, a provider of platform and fund administration services, has surpassed EUR 1 billion in Alternative Investment Fund Manager assets under management surpassed EUR 1 billion in the third quarter of 2020.Read the full story at Private Equity Wire…
TORA, a provider of industry leading trading technology, has launched a new Portfolio Management System (PMS), which is now fully integrated with the firm’s OEMS platform including ‘single sign on’ to provide a unified user experience for all fund trading requirements. The PMS’ new functionality and features will make it the most comprehensive front-to-back end trading solution for hedge funds & asset managers across the globe. The platform will include a new general ledger, advanced SWAP contract modelling, rapid time series functions, impressive charting capabilities and dashboards.
The real time general ledger (GL) will deliver trial balances, a full balance
