Solutions
Neo has launching a new international multi-currency account service offering FX execution capabilities for spot, forwards, swaps and options in up to 80 currencies for hedging and risk management purposes. Read the full story at Private Equity Wire…
Electroneum has reported string growth in user numbers and two new appointments to its team.Read the full story at Institutional Asset Manager…
FundApps, a cloud-based provider of regulatory compliance monitoring and reporting services, has launched Room-In-A-Name, part of the its Position Limits service, to help bridge the gap between Compliance teams and Traders. At the start of the day before trading begins, Portfolio Managers (PM’s) analyse the room available for derivatives across their portfolio. This critical check helps each PM gain understanding of their market positions, develop their trading strategy and set a focus for the day. Despite being a near universal task, this fundamental bearing is often missing an accurate and timely input from the Compliance team due to the different inputs
The frantic hunt for an effective vaccine against coronavirus could leave some pharmaceutical companies highly exposed in a fiercely competitive race – and UK hedge fund Argonaut Capital is weighing in with several key bets against the sector.
Cindicator has launched Stoic, an automated crypto trading tool with a ‘hedge fund edge’. Stoic lets anybody trade crypto using AI-based strategies built for Cindicator Capital.Launched in 2019, Cindicator Capital is the first crypto hedge fund powered by ‘Hybrid Intelligence’, a combination of AI and the wisdom of thousands of analysts.
With Stoic, Cindicator Capital’s technology and investment strategies are now available to anybody in the world with a smartphone via Stoic’s free iOS and Android apps.
Mike Brusov, co-founder and CEO of Cindicator, says: “It’s now clear that hedge funds are the past. In the post-Covid world, everything is
After close consultation with market participants, the European Energy Exchange (EEX) has decided to enable the trading of Trading Hub Europe (THE) Futures within the existing NCG order books.On 1 October 2021, the current market areas in Germany, Gaspool (GPL) and NetConnect Germany (NCG), will be merged into a new nationwide gas market Trading Hub Europe (THE). In order to simplify the technical connection for the whole trading community while avoiding any liquidity split in the German market, EEX trading participants will be able to trade THE Futures within the current EEX NCG Futures contract from now on. From 1st
Tether.to, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, has risen above USD15 billion in market capitalisation as the most liquid and trusted stablecoin continues to enjoy rapid growth.The importance of tether (USDt) is growing as the stablecoin performs an increasingly vital function within the digital asset ecosystem. While USDt continues to play a pivotal role in the trading of digital assets, crypto’s reserve currency is also being increasingly used in remittances and innovative projects in the digital asset space, including decentralised finance (DeFi).
“Tether’s growth is mind blowing and a great proxy representation of the growth
Grupo CIMD, the main independent brokerage, consulting, securitisation and asset management group in the financial and energy markets in southern Europe, has gone live with MDX Technology’s (MDXT) data distribution solution. The move is aimed at supporting increasing client demand for flexible access to premium data by broadening distribution channels to market. MDXT also powers IOWArocks, the global data marketplace for market data, reference data and alternative data.
MDXT has now been seamlessly integrated with Grupo CIMD’s core infrastructure to collect, store and distribute data both internally and externally. Designed to enhance the firm’s overall data distribution capabilities, the solution is
CME Group and Nasdaq are to launch a new futures contract based on the Nasdaq Veles California Water Index (NQH2O). CME Group will launch its new Nasdaq Veles California Water Index futures contract in late Q4, pending regulatory review.
CME Group says the Nasdaq Veles California Water Index futures will provide agricultural, commercial, and municipal water users with greater transparency, price discovery, and risk transfer – all of which can help to more efficiently align supply and demand of this vital resource.
“With nearly two-thirds of the world’s population expected to face water shortages by 2025, water scarcity presents a growing
SEI’s latest middle office whitepaper, “Remote Working, Covid-19 and Middle Office Outsourcing,” explores some of the operations challenges and opportunities caused by Covid-19 lockdowns, woprkplace interruptions and the ‘new normal’.
